Regulatory Alert

MIAX Options

April 20, 2015 | 05:17 PM

MIAX Options - MIAX ORder Feed (MOR) - Available April 21, 2015

The MIAX Options Exchange will make available the MIAX ORder (MOR) feed beginning tomorrow, April 21, 2015.  MOR provides a real-time order information feed for all symbols listed on the MIAX  simple order book.   MOR provides subscribers the limit price, size and origin for each order on the MIAX simple order book. 

The MOR feed is disseminated via the MIAX low latency multicast infrastructure and provides updates for all New, Replacement or Cancelations of orders.

The Exchange has filed an amendment to the MIAX Options Fee Schedule and will price the MOR feed distribution as follows:

  • Internal Distributors  - $3,000 per month with no additional per device or internal processing fee
  • External Distributors  - $3,500 per month with no additional per device or internal processing fee

Please note: the MIAX requires all External Distributors to execute a MIAX Distributor Agreement for the MOR feed.

Please refer to the MIAX Regulatory Circular, MIAX_RC_2015_24, for further details.

The MIAX Options Fee Schedule is posted on the MIAX website at miaxoptions.com/content/fees.

The MIAX Options Rules are posted on the MIAX website at miaxoptions.com/regulatory.

Contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 to request MOR and to arrange interface testing.