Regulatory Alert, Trading Alert
MIAX Options
August 06, 2024 | 01:44 PM
MIAX Sapphire Options Complex Liquidity Exposure Process Timer
The MIAX Sapphire Exchange System will make available the Complex Liquidity Exposure Process (“cLEP”) beginning on Monday, August 12, 2024.
The Exchange has set the cLEP Timer, which is the period of time during which liquidity will rest on the Strategy Book at that price, for one (1) second.
Please refer to MIAX Sapphire Options RC 2024-24 for further information.
For questions regarding cLEP functionality, please 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.