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Regulatory Alert

MIAX Options

December 23, 2014 | 03:43 PM

MIAX Options - January 1, 2015 Fee Changes - Market Maker Volume Tiers and Priority Customer Rebate Program

Effective January 1, 2015, pending SEC approval, the MIAX Options Fee Schedule will be amended as follows:

  1. The MIAX Market Maker Sliding Scale Transaction Fees will be amended to include the addition of a new initial tier for monthly market maker contracts at 0.03% and below and adjustments to the percentage of market maker contracts required per month for existing Tiers 1-3.
  2. The Priority Customer Rebate Program will be amended to reflect adjustments to the percentage thresholds of national customer volume required in Tiers 3 and 4.
For full details, please review the pending January 1st, 2015 MIAX Options Fee Schedule posted on the MIAX website at content/fees.

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.