Trading Alert

MIAX Options

December 15, 2016 | 04:14 PM

MIAX Complex Top of Market Data Product (“cToM”)

The Exchange has filed for immediate effectiveness to establish complex order market data products, including a new market data product known as MIAX Complex Top of Market (“cToM”). The Exchange is implementing a feature of cToM that provides subscribers with the number of Priority Customer contracts that are included in the size associated with the Complex MBBO (“cMBBO”).

This feature will be available on the Exchange beginning January 23, 2017.

Please refer to MIAX Regulatory Circular 2016-68 for further details.

For questions regarding Complex Order functionality contact Shelly Brown at SBrown@miaxglobal.com or (609) 897-7317.

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