Regulatory Alert

MIAX Emerald

February 28, 2019 | 02:30 PM

MIAX Emerald Price Protection Process

MIAX Emerald Regulatory Circular 2019-17 describes the MIAX Emerald price protection process for Non-Market Maker orders.
 
If an order does not contain price protection instructions, the Exchange will assign a default price protection instruction, which is currently set to five (5) MPVs.

For information on the MIAX Emerald price protections, please contact Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302.

Regulatory questions may be directed to Regulatory@miaxglobal.com or (609) 897-7309.