Trading Alert

MIAX Options

January 20, 2017 | 03:39 PM

MIAX Options - Reminder: Modifications to Existing Simple & Complex Order Functionality

As previously announced in the MIAX Alert published on December 15, 2016, MIAX Options is making modifications to Existing Simple and Complex Order Functionality on MIAX Options effective 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.