MIAX Sapphire™ Options Exchange Rule Filings
As a registered national securities exchange, MIAX Sapphire is required to submit to the SEC, pursuant to Section 19 of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 19b-4 thereunder, proposed rule changes. MIAX Sapphire is required to post its rule filings on its website within two business days after submission. Rule filings are not effective until approved by the SEC, with the exception of certain types of rule filings that may take effect upon filing with the SEC if they meet the conditions specified under Section 19 of the Exchange Act and Rule 19b-4 thereunder. MIAX Sapphire will post below pending rule filings submitted by the Exchange, followed by rule changes that have been approved by the SEC or became immediately effective pursuant to the Exchange Act.
SR-SAPPHIRE-2025-05
Pending
Amend Rule 1014, Imposition of Fines for Minor Rule Violations, to Adopt Rule Violations and Sanctions Applicable to the Trading Floor.
January 24, 2025
SR-SAPPHIRE-2025-04
Effective / Approved
Amend the Sapphire Fee Schedule to establish fees for the Exchange's market data products.
January 23, 2025
SR-SAPPHIRE-2025-03
Effective / Approved
Amend the Fee Schedule to establish a fee for market participants that choose to access the testing systems environment via the dedicated cross connection.
January 14, 2025
SR-SAPPHIRE-2025-02
Effective / Approved
Amend the MIAX Sapphire By-Laws.
January 10, 2025