U.S. Options

Effective August 12, 2024, the MIAX Sapphire Options Exchange has published new transaction fee and rebate schedules. An Abridged Transaction Fee...

The maximum price setting, as detailed in the MIAX Sapphire Options FIX Interface Specification and MIAX Sapphire Options MEO Interface...

As previously announced in the July 15, 2024 Alert, the MIAX Sapphire Options (SPHR) Exchange will be conducting the Confidence Test...

The following symbol will be included in the MIAX Sapphire Options Exchange Penny Interval Program (“Penny Program”) beginning August 12,...

The Exchange has set the Wide Market Condition value to $5.00 for any individual option component of a complex strategy.   Please...

The MIAX Sapphire Options System will provide parity price protection for strategies that consist of a sale (purchase) of one...

MIAX Sapphire Options will use the following price protection values for Butterfly Spreads, Calendar Spreads, Vertical Spreads, MIAX Strategy Price...

MIAX Sapphire Options will use the following default settings for the MIAX Sapphire Order Monitor (“cMOM”) for Complex Orders. The...