Regulatory Alert
MIAX Options
June 07, 2016 | 08:55 AM
MIAX Options Exchange: Resolved Potential Allocation Issue after a PRIME™ Auction
Please be advised that MIAX has successfully completed the rollout resolving a technical issue related to behavior at the conclusion of the Price Improvement Mechanism ("PRIME™") auction. As previously reported, this issue could cause an improper allocation in certain circumstances. The PRIME Agency Order, all Priority Customer Orders and the PRIME Contra Order were not affected by this issue.
Additional details describing the previously reported technical issue can be found in MIAX Options Alert 194679.
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.