Regulatory Alert, Trading Alert
MIAX Pearl Equities
July 01, 2024 | 01:15 PM
MIAX Pearl Equities - Enhancement to Trading Collar Protection
Beginning Tuesday, July 9, 2024, MIAX Pearl Equities will enhance the Trading Collar functionality as follows:
- The “Custom Dollar Value” functionality will be expanded to include Limit Orders and Pegged Orders, in addition to Market Orders (current behavior),
- Members will be able to select a custom dollar value lower (current behavior), higher, or equal to the Exchange-specified percentages and dollar value on an order-by-order basis.
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.