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Trading Alert, Regulatory Alert

MIAX Sapphire

August 05, 2024 | 02:51 PM

MIAX Sapphire Order Monitor Protections

Should a Member fail to designate a value for any of the MIAX Sapphire Order Monitor protections, the default value listed below will be applied:

  • Order Size Protection: 10,000 contracts
  • Open Order Protection: 30,000 orders
  • Open Contract Protection: 1,000,000 contracts
The Exchange has established a default threshold setting of $.10 for Market Orders to sell.
 
Please refer to MIAX Sapphire Options RC 2024-16 for further information.
 
For questions or to establish a pre-set threshold setting value, contact Trading Operations at TradingOperations@miaxglobal.com or calling (609) 897-7302.
 
Please direct questions to the Regulatory Department at Regulatory@miaxglobal.com or (609) 897-7309.