Technical Alert
MIAX Emerald
May 15, 2019 | 03:57 PM
Amendment to Rule 404, Series of Option Contracts Open for Trading, Interpretation and Policy .10, to Allow $1 Strike Price Intervals Above $200 on Options on QQQ and IWM ETFs
MIAX Options, MIAX PEARL and MIAX Emerald have amended all three Exchanges’ Rule 404, Series of Option Contracts Open for Trading, Interpretation and Policy .10, to allow for the interval between strike prices of series of options on ETF shares of the PowerShares QQQ Trust (“QQQ”) and iShares Russell 2000 ETF (“IWM”) to be $1 or greater where the strike price is greater than $200.
The amendment became effective as of Tuesday, May 7, 2019.
Please refer to the following Regulatory Circulars for further information:
- MIAX Options Regulatory Circular 2019-35
- MIAX PEARL Regulatory Circular 2019-22
- MIAX Emerald Regulatory Circular 2019-54
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.