Regulatory Alert
MIAX Pearl Equities
November 09, 2021 | 10:56 AM
MIAX Pearl Equities - SEC Approved Changes to Rule 2616, Priority of Orders
On November 2, 2021 the SEC approved changes to MIAX Pearl Equities Rule 2616, Priority of Orders, to provide an order with new timestamp when its position on the book is modified via a Cancel/Replace message during a Short Sale Period. This functionality will be implemented in the first quarter of 2022. An exact implementation date will be announced via a future alert.
This new feature will be available in EPRL Firm Test Bed (FTB2) in February 2022.
For further information or to arrange testing, please contact MIAX Trading Operations at TradingOperations@MIAXEquities.com or (609) 897-7302.
Regulatory inquiries should be directed to Regulatory@MIAXEquities.com or (609) 897-7309.
To learn more about Pearl Equities please contact Sales@MIAXEquities.com, (609) 897-8177 or visit MIAXEquities.com.