U.S. Options

As previously announced in MIAX Alerts published on October 21, 2016 and December 9, 2016, MIAX Options is currently supporting Complex Orders on a limited set of symbols.  MIAX Options will complete the rollout of complex functionality to all symbols traded on MIAX Options on Monday, January 30, 2017.

Modifications to Existing Simple and Complex Order Functionality on MIAX Options:

The following modifications to existing functionality will be implemented for trading on Monday, January 23, 2017.

• MIAX Options Simple Orders (FIX)
  • GTC Time-in-Force (TIF) will no longer be accepted for Market Maker origin unassigned in a Class
  • GTC Time-in-Force (TIF) will no longer be accepted for Non-Member Market Maker origin
• MIAX Options Complex Orders (FIX)
  • GTC Time-in-Force (TIF) will no longer be accepted for Non-Member Market Maker origin
  • MIAX Market Makers will now be permitted to send Complex Orders with a Time-in-Force (TIF) Day, Immediate or Cancel (IOC), Auction or Cancel (AOC) and Auction on Arrival (AOA).
• MIAX Complex Top of Market Feed (cToM)
  • Complex Top of Market messages will now include Priority Customer Size

Complex Order functionality is currently available for testing in the MIAX Firm Test Bed #2 (FTB2) environment.

All specifications are currently available at MIAX Options Interface Specifications. 

To discuss any specific issues and to arrange Complex Order interface testing, please contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302.

To learn more about trading Complex Orders on MIAX, please contact MIAX Sales at Sales@miaxglobal.com or (609) 897-8177.