U.S. Equities

Overview:

As previously announced in the April 11, 2003 Alert, the MIAX Exchange Group will be participating in the 2023 SIFMA BCP Testing on Saturday, October 14, 2023.  All Members that are required to test with MIAX Options, MIAX Pearl Options, MIAX Emerald Options and/or MIAX Pearl Equities Exchanges in accordance with Regulation Systems Compliance and Integrity (Regulation SCI) were notified on April 4th and April 5th, 2023.  However, all Members are encouraged to test. 

All Exchange designated Members are required to maintain connection to the MIAX Disaster Recovery (DR) environment for a twelve (12) month period after receiving notification for mandatory testing. All of the Exchanges will operate out of the Chicago (CH4) Disaster Recovery site for the scheduled test.

Designation Standards - Business Continuity and Disaster Recovery Plans Testing Member:

• MIAX Options Exchange  MIAX_Options_RC_2022_75
• MIAX PEARL Options Exchange MIAX_PEARL_RC_2022_64
• MIAX Emerald Options Exchange  MIAX_Emerald_RC_2022_70
• MIAX PEARL Equities Exchange MIAX_PEARL_Equities_RC_2022_18

Contact - for test day support, to coordinate participation or to arrange connectivity testing:

• MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302
• Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609)-897-7309

Pre-Testing:

• Availability to the DR environments for each of the MIAX Exchanges will be available:
  • Saturday, September 23, 2023, between 8:00AM - 12:00PM EST
    • Application layer connectivity testing
  • Saturday, September 30, 2023, between 8:00AM - 12:00PM EST
    • Application layer connectivity testing
  • Monday, October 9, 2023 through Friday, October 13, 2023, between 8:00AM - 5:30PM EST
    • Application layer connectivity testing

MIAX Options, MIAX Pearl Options & MIAX Emerald Options Exchanges BCP Testing Requirements
Members mandated to participate in accordance with Regulation SCI are obligated, at a minimum, to demonstrate the following:

Electronic Exchange Members (EEM)

• Send at least two orders in any of the options listed below
• Receive at least one execution in any of the options listed below

Market Makers (MM)

• MIAX Options Exchange:
  • Send at least one two-sided quote in any of the options listed below
  • Receive at least one execution in any of the options listed below
• MIAX Pearl Options Exchange:
  • Send at least one two-sided order in any of the options listed below
  • Receive at least one execution in any of the options listed below
• MIAX Emerald Options Exchange:
  • Send at least one two-sided quote in any of the options listed below
  • Receive at least one execution in any of the options listed below

Options

1. AAPL - JAN 19 24 - C – 165
2. AAPL - JAN 19 24 – P – 165
3. BAC - NOV 17 23 – C – 27
4. BAC - NOV 17 23 – P – 27
5. GE - JAN 19 24 – C – 95
6. GE - JAN 19 24 – P – 95
7. MSFT - JUN 21 24 – C – 285
8. MSFT – JUN 21 24 – P – 285
9. SPY - DEC 15 23 – C - 407
10. SPY - DEC 15 23 – P - 407
11. SPIKE-Dec 20 23-C-100.00
12. SPIKE-Dec 20 23-P-100.00

MIAX Pearl Equities Exchange BCP Testing Requirements
Equity Members mandated to participate in accordance with Regulation SCI are obligated, at a minimum, to demonstrate the following:

• Send at least two orders in any of the equity symbols listed below
• Receive at least one execution in any of the equity symbols listed below

Equities

1. Symbol - NTGR
2. Symbol - ZVZZT
3. Symbol - NTEST

October 14, 2023 Test Day Timeline:

• 08:30 - Firms can connect to Trading Systems and enter Orders and Quotes
• 09:15 - Live Quote Window will open
• 09:30 - Opening
• 13:00 - Closing

Test Completion:

• Once a firm has completed testing, please confirm with MIAX Trading Operations at TradingOperations@miaxglobal.com