Technical Alert

MIAX Emerald

July 17, 2019 | 03:50 PM

MIAX Exchange Group - Options Markets - Revised Date: The Top of Market (ToM) and Clearing Trade DROP (CTD) Interface Specifications have been updated

The MIAX Options, PEARL Options and Emerald Options Exchanges have published the following updated Interface Specifications:

MIAX Top of Market (ToM) - Mandatory Change:

  • Trade condition updates to align ToM with OPRA Trade Conditions
MIAX Clearing Trade Drop (CTD) - Mandatory Change:
  • Trade condition updates to align CTD with OPRA Trade Conditions
Important Dates:
  • The above interface updates will be available in the MIAX Firm Test Bed (FTB2) environment in September 2019
  • Production activation of the above changes is revised and scheduled for November 4, 2019 for all exchanges in the MIAX Exchange Group.  This is a correction, the previous Alert stated the activation would be on November 14, 2019.
Please review the highlighted updated interface specifications for further details:
Please contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 to discuss any specific issues and to arrange interface testing.