Technical Alert

MIAX Pearl

February 13, 2023 | 11:01 AM

MIAX Exchange Group - Options Markets - Introducing Availability of a Liquidity Taker Event Report for Resting Simple Orders

The MIAX Options, MIAX Pearl Options and MIAX Emerald Options exchanges are pleased to announce a new Liquidity Taker Event Report for resting simple orders will be available on March 1, 2023.

The daily Liquidity Taker Event Report for Resting Simple Orders, available via the MIAX SFTP site, will provide a report recipient with liquidity response time details for executions of single leg orders that occurred after 200 microseconds from the time the resting order was received by the exchange and within 200 microseconds of receipt of any member’s first attempt to execute against the resting order after the initial 200 microsecond time period. The report includes liquidity response timestamps of both the first executing response and all later responses submitted by the firm receiving the report that arrived within 200 microseconds of receipt of the first attempt to execute against the resting order. Response timestamps are captured as liquidity arrives at the outer edge of each exchange’s network.

Members can request reports and specifications by contacting Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302.

For additional information, please contact MIAX Sales at Sales@miaxglobal.com or (609) 897-8177.