MIAX Sapphire™ Options Opening Process

The specifics of the MIAX Sapphire Options opening process pursuant to MIAX Sapphire Options Rule 503(b)(1) can be found in the below documents.

The MIAX Sapphire Options User Manual Section 7.04 describes the MIAX Sapphire Options Systems opening process.

MIAX Sapphire Options System Settings and definitions are described in MIAX Sapphire Options RC 2024-08 and can be found on the MIAX website here: MIAX Sapphire Options System Configuration

The MIAX Sapphire Options Opening Process, opening pause timer, and valid quote width table are described in MIAX Sapphire Options RC 2024-40.