Trading Alert, Regulatory Alert

MIAX Sapphire

August 06, 2024 | 01:23 PM

MIAX Sapphire Options Qualified Contingent Cross and Complex Qualified Contingent Cross Orders

The Qualified Contingent Cross (“QCC”) and Complex Qualified Contingent Cross (“cQCC”) Order types will become available on MIAX Sapphire Options on Monday, August 12, 2024. 
 
The Sapphire Exchange Regulatory Department requires certain stock component information in regards to QCC and cQCC Orders, and Firms may enter this information in FIX Tag numbers 810, 879, 9811, 9812 and 9813 at the time of order submission.
 
Alternatively, a MIAX Sapphire Options Member must submit required information via spreadsheet to Regulatory@miaxglobal.com by 9:00 AM ET on the business day following a QCC or cQCC trade.
 
Please refer to MIAX Sapphire Options RC 2024-23 for the required QCC or cQCC trade information and further details related to QCC and cQCC Orders.
 
For questions regarding QCC or cQCC 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.