U.S. Options

As previously announced in the April 17, 2018, June 28, 2018 and October 15, 2018 Alerts, MIAX will launch a new Options Exchange.  MIAX is planning to launch MIAX Emerald (EMLD) in February 2019 pending SEC approval.

Currently Available on the MIAX Website:

• EMLD Membership Forms
• EMLD Interface Specifications
• Updated MIAX Connectivity Guide
• Update Email Alert Subscriptions 

Important Dates:

• Firms can begin to establish connectivity in late November 2018
• Access to the Firm Test Bed is targeted for late November 2018
• Industry Mock Trading is scheduled as follows:
  • Saturday, January 26, 2019
  • Saturday, February 2, 2019
  • Saturday, February 9, 2019

MIAX Emerald Exchange Codes:

• MIC code:  EMLD
• OCC Exchange code:  D
• OPRA:  D  (See attached memo)
• COATS:  E
• OATS:  OE (Pending FINRA Approval)
• Blue sheet – Exchange Code:  9
• Blue sheet – Requestor Code:  7
  • The EMLD Requestor Code will be ‘7’ to match MIAX Options.
  • The PEARL Requestor Code will be changed to ‘7’ in Q4 2018 at which time the MIAX will publish a Regulatory Circular and Regulatory Alert to notify participants of the change.  Until then, ‘8’ is valid for the PEARL Requestor Code.  The Requestor Code is by Exchange family so just one code is needed.

All updates will be provided through future Emerald Alerts.

If you have any questions, please contact Trading Operations at (609) 897-7302 or TradingOperations@miaxglobal.com.

Membership inquiries can be directed to Membership@Miami-Holdings.com.

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

To learn more about MIAX Emerald, please contact Sales at Sales@miaxglobal.com or (609) 897-8177.