Regulatory Alert

MIAX Options

October 21, 2016 | 10:38 AM

System Settings for MIAX Complex Orders

MIAX recently received approval to trade Complex Orders on the Exchange (SR-MIAX 2016 26).  Complex Orders will be available to trade on Monday, October 24, 2016 beginning with iShares Russell 2000 Index, symbol IWM.

The following MIAX Regulatory Circulars describe system settings for Complex Orders.

• For information on the maximum number of complex order components per order, maximum number of new complex strategies and the maximum number of legs automatically executable against the simple order book for the individual legs of a Complex Order please refer to MIAX Regulatory Circular 2016-43.

• For information on available complex order types please refer to MIAX Regulatory Circular 2016-44.

• For information on available complex order origin types please refer to MIAX Regulatory Circular 2016-45.

• For information on complex order timers please refer to MIAX Regulatory Circular 2016-46.

• For information on complex order price protection pre-set values please refer to MIAX Regulatory Circular 2016-47.

• For information on complex auction initiating percentages please refer to MIAX Regulatory Circular 2016-48.

• For information on default settings for MIAX Order Monitor for complex orders please refer to MIAX Regulatory Circular 2016-49.

Questions regarding Complex Order functionality should be directed to Shelly Brown at SBrown@miaxglobal.com or (609) 897-7317.

Regulatory questions should be directed to the Regulatory Department at Regulatory@miaxglobal.com or (609) 897-7309.