Trading Alert, Regulatory Alert

MIAX Sapphire

August 06, 2024 | 01:16 PM

MIAX Sapphire Options Complex Orders

Complex Order functionality, including Complex Auctions and Stock-Option Orders, will be available to trade on MIAX Sapphire Options at the opening of trading on Monday, August 12, 2024, for all symbols traded on MIAX Sapphire Options, with the following maximums:

  • components (legs) per Complex Option Order will be twelve (12)
  • components (legs) per Stock-Tied Complex Option Order will be thirteen (13), twelve (12) option legs and one (1) underlying stock leg
  • new complex strategies that may be in the system at a particular time will be 1,000,000 per cloud
Please refer to MIAX Sapphire Options RC 2024-21 for further information.
 
For questions regarding Complex Order 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.