Trading Alert
MIAX Options
March 18, 2020 | 08:53 AM
Updates to the SPIKES Special Settlement Auction Settlement Reference Price Opening Width and SPIKES Valid and Priority Quote Width Tables
Due to recent market volatility, MIAX Options has increased the maximum opening width parameters for the SPY options used in the SPIKES Special Settlement Auction. The Settlement Reference Price Opening Width and Valid and Priority Quote Width tables used for opening the SPY April 17, 2020 expiration have been adjusted accordingly.
Please refer to MIAX Regulatory Circular 2020-11 for the updated quote width tables for the SPIKES Settlement Process.
Contact Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 with any questions regarding the SPIKES Settlement Process.
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.