Regulatory Alert
MIAX Pearl
March 29, 2021 | 10:11 AM
MIAX Options and MIAX Pearl Options - 3rd Reminder: Deprecation of 10G LL Infrastructure and the addition of two 10G ULL Switches
As previously announced in the March 4, 2021 Alert, MIAX Options and MIAX Pearl Options will deprecate the 10G Low Latency (LL) switch infrastructure in June 2021. All 10G LL cross connects must be migrated to the 10G Ultra Low Latency (ULL) switch infrastructure.
The timeline is as follows:
- The two additional switches will be added to the MIAX Options and MIAX Pearl Options shared extranet 10G ULL infrastructure
- 1st switch on Monday, April 12, 2021
- 2nd switch on Monday, April 26, 2021
- Firms wishing to provision new cross connects on the additional two 10G ULL switches can submit LOA’s beginning March 29, 2021
- Firms currently using the 10G LL infrastructure can begin the migration any time, but must be completed by June 30, 2021. The existing 10G LL fiber cross connects can be used to complete the migration to the 10G ULL infrastructure (i.e. no new cross connects will be required).
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.