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
| Holiday | 2025 | 2026 |
|---|---|---|
| New Year’s Day | Wednesday, January 1st | Thursday, January 1st |
| Martin Luther King Jr. Day | Monday, January 20th | Monday, January 19th |
| Washington’s Birthday | Monday, February 17th | Monday, February 16th |
| Good Friday | Friday, April 18th | Friday, April 3rd |
| Memorial Day | Monday, May 26th | Monday, May 25th |
| Juneteenth National Independence Day | Thursday, June 19th | Friday, June 19th |
| Independence Day | Thursday, July 3rd* Friday, July 4th | Friday, July 3rd (Independence Day Observed) |
| Labor Day | Monday, September 1st | Monday, September 7th |
| Thanksgiving Day | Thursday, November 27th Friday, November 28th * | Thursday, November 26th Friday, November 27th ** |
| Christmas | Wednesday, December 24th* Thursday, December 25th | Thursday, December 24th** Friday, December 25th |
*2025: Each market will close early at 1:00 p.m. on Thursday, July 3, 2025, Friday, November 28, 2025 and Wednesday, December 24, 2025. All times are Eastern Time.
**2026: Each market will close early at 1:00 p.m. on Friday, November 27, 2026 and Thursday, December 24, 2026. All times are Eastern Time.
Have any questions or concerns? Contact Us.