U.S. Options

Effective at the start of trading on Monday, February 6, 2017, MIAX PEARL shall disseminate an updated bid and offer price, together with the size associated with such bid and such offer when:
 

• The Exchange’s disseminated bid or offer price increases or decreases;
• The size associated with the Exchange’s disseminated bid or offer decreases; or
• The size associated with the Exchange’s bid (offer) increases by greater than 10%.

 
Executions will decrease the size associated with the Exchange’s disseminated bid or offer by the amount of the execution.
 
Please refer to MIAX PEARL Regulatory Circular 2017-20 for further details.
                             
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.