U.S. Options

MIAX has adopted new Rule 321, Business Continuity and Disaster Recovery Plans Testing Requirements for Designated Members, which requires MIAX Members designated by MIAX (“Designated BCP Members”) to connect to and participate in certain functional and performance testing of the Exchange’s disaster recovery systems.  The rule reflects MIAX’s obligations under Regulation Systems Compliance and Integrity (“Regulation SCI”) to require designated MIAX Member participation in the testing of the operation of the Exchange’s business continuity and disaster recovery plans (“BC/DR plans”). 

MIAX will publish the date of the Exchange’s BC/DR plans testing promptly upon industry finalization and announcement of the date of the industry or sector-wide BC/DR plans testing.

Please refer to MIAX Regulatory Circular 2015-52 for more information on designation standards and requirements for Designated BCP Members.

Any questions regarding the above Designation Standards should be directed to Shelly Brown at sbrown@miaxoptions.com or (609) 897-7317.

Any requests for further information regarding MIAX’s BC/DR plans testing should be directed to Amy Neiley at aneiley@miaxoptions.com or (609) 897-1463.

Regulatory inquiries should be directed to Regulatory@miaxoptions.com or (609) 897-7309.