Technical Alert

MIAX Options

August 07, 2014 | 09:57 AM

MIAX Options - MIAX Price Improvement Mechanism (PRIME™) Auction Related Transaction Fees and Rebates

The MIAX Options Exchange has filed for immediate effectiveness a filing to amend the MIAX Options Fee Schedule to adopt transaction fees and rebates for Members that participate in the MIAX Price Improvement Mechanism (PRIME™) Auction pursuant to Rule 515A.  The Exchange proposes to implement the new PRIME Auction transaction fees and rebates beginning August 8, 2014.

The availability of PRIME is subject to a scheduled rollout and will be made available for additional symbols via a future Regulatory Circular.  Note, symbols beginning with the letter Z will be made available on August 8, 2014.

PRIME is a new order type and requires additional certification.

Please refer to MIAX_RC_2014_54 for further details.

MIAX Options Trading Interface Specifications are located at interface-specifications.  

The MIAX Rulebook is located at regulatory.

Please contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 to discuss any specific issues and to arrange interface testing.