Regulatory Alert

MIAX Pearl Equities

January 06, 2023 | 04:26 PM

Limit Order Price Protection, Trading Collar Protection, and Market Impact Collar - Reference Price Calculations During Self-Help Periods

MIAX Pearl Equities will use the Consolidated Last Sale Price to calculate Reference Prices when the Exchange has declared Self-Help against another equities exchange for the following risk protections:

  • Limit Order Price Protection
  • Trading Collar
  • Market Impact Collar
Please refer to MIAX Pearl Equities RC 2023-01 for more information.

For questions regarding Limit Order Price Protection, Trading Collar Protection, or Market Impact Collar functionality, please contact Trading Operations at TradingOperations@MIAXEquities.com or (609) 897-7302. 
 
Regulatory inquiries should be directed to Regulatory@MIAXEquities.com or (609) 897-7309.