Regulatory Alert

MIAX Pearl

May 01, 2017 | 03:34 PM

Post-Only Orders Eligible During the Opening Process and During a Halt

MIAX PEARL recently filed with the Securities and Exchange Commission to amend MIAX PEARL Rule 516, Order Types, to permit Post-Only Orders entered prior to the opening to participate in the Opening Process, and MIAX PEARL Rule 504, Trading Halts, to allow Post-Only Orders to remain on the Book after a Halt.

The changes to Post-Only Order eligibility will become effective on Wednesday, May 3, 2017.

Please refer to MIAX PEARL Regulatory Circular 2017-39 for further details.

Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.

For questions regarding Post-Only Order functionality, please contact Trading Operations at TradingOperations@miaxglobal.com or call (609) 897-7302.