Regulatory Alert
MIAX Options
March 21, 2017 | 09:49 AM
Mandatory Usage of MIAX Options Order Monitor Protections
MIAX Options filed a proposal to amend MIAX Options Rule 519, MIAX Order Monitor, to require MIAX Options Members to use certain risk protections, which will become effective on March 27, 2017.
If a MIAX Options Member fails to designate a value for any of the required price protections, a default value will be applied.
Please refer to MIAX Options Regulatory Circular 2017-15 for the required risk protections and default values.
Please direct any questions to the Regulatory Department at Regulatory@miaxglobal.com or (609) 897-7309.