U.S. Options

MIAX Sapphire Options Exchange has published updated Interface Specifications to support the following changes:

1. Interface specifications supporting Defined Component Price (DCP) for Electronic Complex Qualified Contingent Cross (cQCC)
   1. FIX Order Interface (FOI) v1.1 -
      1. Added fields DefinedComponentPrice (Tag 9566), DCPType (Tag 9567) and DCPDesignation (Tag 9568) in New Order Cross – Multileg (MsgType = As)
   2. FIX Order Interface (FOI) v2.1 –
      1. Carried fields DefinedComponentPrice (Tag 9566), DCPType (Tag 9567) and DCPDesignation (Tag 9568) in New Order Cross – Multileg (MsgType = As) to the Electronic FOI, which will be used as part of Floor Trading Release (to be announced at a later date)
2. Interface specifications specific to Floor Trading (Available by request by contacting Trading Operations at TradingOperations@miaxglobal.com)
   1. Floor FIX Order Interface (FFOI) v1.1 to expand DCP to Complex Qualified Contingent Cross (cQCC) orders from the trading floor.
   2. Floor Broker Query Interface (FBQI) v1.1 to adjust MPID field length.

Additional updates will be provided through future Alerts.

The updated specifications can be found at MIAX Sapphire Options Interface Specifications.


For additional information, please contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302.

Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.

To learn more about MIAX Sapphire please contact Sales at Sales@miaxglobal.com, (609) 897-8177 or visit miaxglobal.com.


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