Trading Alert

MIAX Options

October 21, 2016 | 04:20 PM

MIAX Rule 519A, MIAX Risk Protection Monitor

Please refer to MIAX Regulatory Circular 2016-50 for details on changes to Rule 519A(a) for Risk Protection Monitor (RPM) settings and new Rule 519A(b) describing mandatory Member participation for establishing Allowable Order Rate settings and Allowable Contract Execution Rate settings. The required Allowable Order Rate settings and the Allowable Contract Execution Rate settings must be reasonably related to the Member’s internal risk management program as described in new Interpretations and Policies .06 to Rule 519A.

For questions regarding RPM functionality contact Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302.

For Regulatory questions contact the Regulatory Department at Regulatory@miaxglobal.com or (609) 897-7309.