Trading Alert, Regulatory Alert, Technical Alert

MIAX Pearl Equities

May 23, 2023 | 10:14 AM

MIAX Pearl Equities - Update: New and Enhanced Risk Protections Available on June 27; All MEO Interface Upgrades to Version 2.4 Must Be Complete by July 31

As previously announced in the April 12, 2023 Alert, MIAX Pearl Equities (EPRL) has published updated MIAX Express Order (MEO) Interface and FIX Order Interface (FOI/FXD) specifications to support new and enhanced Risk Protections.
 
These protections are optional and are targeted to be available starting on Tuesday, June 27, 2023.
 
Although implementing the new risk protections is optional, the upgrade to the new MEO Version 2.4 is mandatory in order to support new messaging protocols.

  • Firms will have until the evening of Monday, July 31, 2023 to upgrade to MEO Version 2.4.
    • Certification required prior to upgrade
  • Older versions of MEO will not be supported beginning Tuesday, August 1, 2023.
The new and enhanced features in this release are currently available for testing in the EPRL Firm Test Bed (FTB2).

Please review the updated EPRL Interface Specifications and the MIAX Exchange Group Connectivity Guide for further details.

For further information and to schedule a MEO certification, please contact MIAX Trading Operations at TradingOperations@miaxglobal.com  or (609) 897-7302.

Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.

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