MIAX Pearl® Equities Exchange Trade Hours of Operation

TIME - U.S. ET ZONE

Description

 

5:00 AM - 6:59 AM

Start of System Hours

Dissemination of Start of Session message and multicast heartbeats over all market data feeds. Dissemination of symbol reference data over all market data feeds and retransmission services.

 

7:00 AM

MIAX Express Order Interface (MEO)

Firms can connect to MEO. 

 

FIX Order Interface (FOI)

Firms can connect to the FOI and all other FIX applications (OFXD, FXD).

 

7:30 AM

Live Order Window (LOW) Opens

Firms can send MEO and FIX orders. All accepted orders will be queued for the Opening Process.

 

9:30 AM

Start of Regular Trading Session

 

4:00 PM

End of Regular Trading Session (ends at 1:00 pm on early closing days)

MIAX Pearl Equities will cancel all open orders. New orders will not be accepted after this time.

 

4:25 PM - 5:00 PM

Final trade corrections and clearing adjustments (1:25 pm to 2:00 pm on early closing days)

 

MIAX Pearl Equities Exchange Holiday Calendar

HOLIDAY20242025
New Year’s DayMonday, January 1st    Wednesday, January 1st
Martin Luther King Jr. DayMonday, January 15thMonday, January 20th
 Washington’s BirthdayMonday, February 19thMonday, February 17th
 Good FridayFriday, March 29thFriday, April 18th
 Memorial DayMonday, May 27thMonday, May 26th
 Juneteenth National Independence DayWednesday, June 19thThursday, June 19th
 Independence DayWednesday, July 3rd*
Thursday, July 4th
Thursday, July 3rd**
Friday, July 4th
 Labor DayMonday, September 2ndMonday, September 1st
 Thanksgiving DayThursday, November 28th
Friday, November 29th*
Thursday, November 27th
Friday, November 28th **
 ChristmasTuesday, December 24th*
Wednesday, December 25th
Wednesday, December 24th**
Thursday, December 25th

 

*2024: Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Wednesday, July 3, 2024, Friday, November 29, 2024 and Tuesday, December 24, 2024.  All times are Eastern Time. 

**2025: Each market will close early at 1:00 p.m. (1:15 p.m. for eligible options) on Thursday, July 3, 2025, Friday, November 28, 2025 and Wednesday, December 24, 2025.  All times are Eastern Time.

Have any questions or concerns? Contact Us.