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Fee Change Alert

MIAX Pearl Equities

February 28, 2023 | 03:34 PM

MIAX Pearl Equities Exchange - March 1, 2023 Fee Changes

Effective March 1, 2023, pending filing with the SEC, MIAX Pearl Equities will update the following transaction fees:

  1. Removing Liquidity Rates – Standard and Remove Volume Tiers
    • Standard                                              $0.00295
    • Remove Volume Tier 1                        $0.00285
    • Remove Volume Tier 2                        $0.00275
    • These rates apply to Liquidity Codes:
      • Displayed Orders (RA, RB, RC)
      • Non Displayed Orders (Ra, Rb, Rc)
      • Retail Orders (RR, Rr)
  2. Adding Liquidity Non-Displayed Order Rates – Standard
    • Standard                                              ($0.00205)
    • These rates apply to Liquidity Codes:
      • Non Displayed Orders (Aa, Ab, Ac)
      • Non Displayed Retail Orders (Ar)
      • Midpoint Peg Orders that Execute at the Midpoint (Ap)

Attached is a highlighted summary of the March 1, 2023 fee changes.  For full details, please review the March 1, 2023 MIAX Pearl Equities Fee Schedule when posted on the MIAX website at miaxoptions.com/fees/pearl-equities.

To learn more about MIAX Pearl Equities please contact Sales@MIAXEquities.com, (609) 897-8177 or visit MIAXEquities.com.

For further information or to arrange testing, please contact MIAX Trading Operations at TradingOperations@MIAXEquities.com or (609) 897-7302.