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Technical Alert

MIAX Options

August 29, 2022 | 12:49 PM

MIAX Options Exchange - Interface Specification Updates for System Enhancements

The MIAX Options Exchange has published updated Interface Specifications to support the following system enhancements:

Administrative Information Subscriber Feed Specification (AIS) – Mandatory change - Version v2.5

  • Added 2 new messages to support Settlement Reference Price and Settlement Price, publication via AIS during pre-open on the Settlement Day.
    • Theoretical Settlement Price (Message Type = “N”) using Theoretical Reference Prices
    • Theoretical Settlement Reference Price (Message Type = “M”) for each Settlement involved Option
  • Note: All AIS subscribers must accommodate the new message types prior to activation in production.
MIAX Express Interface Specification (MEI) - Version 2.9b
  • Clarification about a new Live Quote Window (LQW), known as SET-LQW, which will lets quotes get accepted prior to actual LQW on the Settlement Day, only for Settlement involved Options.
FIX Interface Specification (FOI) - Version 2.6a
  • Newly added, Auto Cancel on System Failure  (ACOSF)
CTD Interface Specification (CTD) - Version 2.6a
  • Clarification about Trade Condition support in version prior to CTD2.4

Important Dates:
  • These features will be available in the Firm Test Bed (FTB2) environment beginning Tuesday, August 30, 2022
  • These features are expected to be in production in October 2022 (pending SEC approval)
Please review the updated interface specifications for further details on the MIAX website at MIAX Options Exchange Specifications

Please contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 to discuss any specific issues and to arrange interface testing.