Regulatory Alert

MIAX Pearl

May 30, 2017 | 02:19 PM

MIAX PEARL Cancel on Disconnect

MIAX PEARL recently filed with the Securities and Exchange Commission a proposal to amend MIAX PEARL Rule 519C, Mass Cancellation of Trading Interest (SR-PEARL-2017-21), to codify existing cancel on disconnect behavior in the Exchange’s rules for both the MIAX Express Orders Interface (“MEO”) and Financial Information Exchange (“FIX”).

This proposal will become operative on June 5, 2017.

Please refer to MIAX PEARL Regulatory Circular 2017-43 for further details.

For questions regarding Cancel on Disconnect contact Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302.

Please direct any Regulatory questions to the Regulatory Department at Regulatory@miaxglobal.com or (609) 897-7309.