Trading Alert
MIAX Emerald
October 12, 2022 | 11:18 AM
Change to MIAX Emerald Order Monitor to allow Members to determine pre-set value to be used as the threshold setting for evaluating market orders to sell in zero bid series
Beginning October 25, 2022, MIAX Emerald Options will allow Members to determine a pre-set value to be used as the threshold setting (“Threshold Setting”) that the Exchange will use when evaluating market orders to sell when the national best bid is zero and the national best offer is less than, equal to, or greater than, the Threshold Setting.
The default Threshold Setting will be $.10 in the absence of a Member defined Threshold Setting.
Please refer to MIAX Emerald Options RC 2022-57 for more details.
Contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 with any questions about the change.
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.