Regulatory Alert
MIAX Options
November 14, 2014 | 03:42 PM
MIAX Options - Change To Allow Orders Of Any Size To Initiate A PRIME Auction At Or Better Than The NBBO - Effective December 1, 2014
The MIAX Options Exchange filed to amend MIAX Rule 515A regarding PRIME to allow orders of any size to initiate a PRIME Auction on MIAX at a price which is at or better than the national best bid or offer (“NBBO”). The change will take effect on December 1, 2014.
Please refer to the MIAX Regulatory Circular, MIAX_RC_2014_77, for further details.The MIAX Options Rules are posted on the MIAX website at MIAX_Options_Exchange_Rules.
Please direct any questions to Shelly Brown at SBrown@miaxglobal.com or (609) 897-7317.
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609)-897-7309.