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MIAX Sapphire

January 24, 2025 | 10:26 AM

MIAX Sapphire Options Exchange - Updated Interface Specifications for Customer Cross Orders (C2C) and Complex Customer Cross Orders (cC2C) Liquidity Role Values

MIAX Sapphire has published updated Interface Specifications to replace the single C2C and cC2C Liquidity Role Values with two new distinct Values (Initiator Order and Contra Order).

  1. FIX Order Interface (FOI) v2.3
    1. Replaced C2C and cC2C related single enum with two distinct enums in FIXLiquidityRole and ContraFIXLiquidityRole of AdditionalBillingParameters (Tag 9730), used in ExecutionReport (MsgType = 8).
  2. FIX Drop Copy (FXD) v2.1
    1. Replaced C2C and cC2C related single enum with two distinct enums in FIXLiquidityRole and ContraFIXLiquidityRole of AdditionalBillingParameters (Tag 9730), used in ExecutionReport (MsgType = 8) and Trade Cancel/Correct (MsgType = UCC).
  3. Clearing Trade Drop (CTD) v2.1
    1. Replaced C2C and cC2C related single enum with two distinct enums in FIXLiquidityRole and ContraFIXLiquidityRole of Trade message.
  4. Floor FIX Order Interface (FFOI) v1.2
    1. Updated specification for Floor Trading are available by request from Trading Operations at TradingOperations@miaxglobal.com.

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.