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:

  1. The “Custom Dollar Value” functionality will be expanded to include Limit Orders and Pegged Orders, in addition to Market Orders (current behavior),
  2. 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.
For more information on the changes to Trading Collar functionality, please refer to the following Regulatory Circular: Contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 with any questions regarding the enhancements to the Trading Collar.
 
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.