Trading Alert

MIAX Emerald

August 04, 2022 | 04:25 PM

Changes to MIAX Emerald Available Order Types Effective August 12, 2022

MIAX Emerald has amended various Exchange Rules regarding certain order types. The implementation date for the changes listed below is Friday, August 12, 2022. Please refer to the following Regulatory Circulars for more information on the changes:

Exclude cPRIME orders from the Complex MIAX Emerald Price Collar Protection (“MPC”) Protection.
Adopt an ISO PRIME order type
Allow Initiating Members that submit cPRIME Agency Orders to select the last priority in allocation for MIAX Emerald Price Improvement Mechanism (“PRIME”) and PRIME Solicitation Mechanism
Adopt a Complex Attributable order type and a Complex Auction-on-Arrival-Only order type

Complete details regarding the changes listed above can be found in the Exchange’s rule filing, (SR-EMERALD-2022-25).
 
Contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 with any questions about cPRIME Orders and the MPC protection.
 
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.