Trading Alert
MIAX Options
November 16, 2015 | 01:36 PM
MIAX Options Exchange: Issue Resolved - Potential MBBO Display Issue for Resting Orders Following an Underlying Halt
Please be advised that the MIAX technical issue announced on November 5, 2015 has been resolved and fully deployed to the trading environment.
The issue was surrounding the handling of orders remaining on the MIAX Book after a trading halt causing such orders in certain circumstances not to be represented in the MIAX Best Bid and/or Offer. Trading Operations will no longer proactively cancel resting orders from the book after a trading halt in that specific product.
If you have any questions please contact Trading Operations at (609) 897-7302 or TradingOperations@miaxglobal.com.
Please direct any regulatory questions to the Regulatory Department at (609) 897-7309 or Regulatory@miaxglobal.com.