Regulatory Alert
MIAX Pearl
August 20, 2020 | 04:28 PM
New Equity Rights Program in MIAX PEARL
MIAX PEARL, LLC (the “Exchange”) filed to implement an equity rights program pursuant to which units representing the right to acquire equity in the Exchange’s parent holding company, Miami International Holdings, Inc., would be issued to a participating Member in exchange for the prepayment of certain ERP Exchange Fees and the achievement of certain volume thresholds in equity securities on the Exchange’s equity trading platform (“MIAX PEARL Equities”) over a 42-month period.
Participation in the program is open to all Members of the Exchange subject to their satisfaction of eligibility requirements.
For additional information on the Equity Rights Program, see
Regulatory inquiries should be directed to Regulatory@miami-holdings.com or (609) 897-7309.