U.S. Equities
MIAX Pearl® Equities launched on September 29, 2020 with the support of industry-leading trading firms, liquidity providers and market makers to provide an alternative to the incumbent equities platforms in the U.S.
MIAX Pearl Equities is a fully automated electronic trading platform that leverages MIAX® options technology and adapts it for the unique functional and performance demands of equities trading. This allows MIAX Pearl Equities to provide high performance while taking advantage of the scale associated with a system built for options trading.
MIAX Pearl Equities
Access U.S. equity securities through a Price-Time allocation model and Maker-Taker fee structure.
Proprietary trading technology
MIAX Pearl Equities is a fully automated electronic equities trading platform that leverage's MIAX's technology and infrastructure.
Low-cost access to market data
MIAX Pearl Equities offers free and low fee access to market data, ports and connectivity relative to the industry.
Sustained throughput capacity
Our maximum sustained throughput (as measured by maximum quotes and orders per second) for MIAX Pearl Equities is 10.0 million per second.
In-house, built proprietary technology
MIAX Pearl Equities is a fully automated electronic equities trading platform that leverage's MIAX's technology and infrastructure.
Our customers consider us a technology leader
Our technology platform is differentiated by our throughput, latency, reliability and wire-order determinism.
Focus on delivering superior capabilities
We grew our market share by delivering superior technology capabilities, innovation, product development, exceptional customer service and competitive pricing.