Hours of Operation
|
Time |
Description |
|---|---|
|
6:00 AM |
Start of System Hours Dissemination of messages over the Top of Market Feed (TOM), MIAX® Order Feed (MOR), Administrative Information Subscriber Feed (AIS) and Complex Top of Market Feed (cTOM). |
|
7:00 AM |
MIAX Express Interface (MEI) Startup Firms can connect to the MIAX Express Interface (MEI) and download products. |
|
7:30 AM |
Firm Interface Startup Time Firms can connect to the FIX Gateway and conduct pre-market order activity. All order activity during this time period WILL affect the live book. Firms can send messages over MEI. All MEI activity during this period, prior to the Live Quote Window (LQW), will be acknowledged for connectivity verification purposes, but WILL NOT affect the live quote state. |
|
9:15 AM |
Live Quote Window (LQW) Start of Quoting. Quotes entered during LQW WILL be used in Opening process. |
|
9:30 AM - 4:00 PM |
Trading Session for Equity Options (ends at 1:00 pm on early closing days) MIAX stops accepting Orders and Quotes at the end of the Trading Session. |
|
9:30 AM - 4:15 PM |
Trading Session for Select ETF and Index Options (ends at 1:15 pm on early closing days) MIAX stops accepting Orders and Quotes at the end of the Trading Session. |
|
4:25 PM |
End of Order Cancel Acceptance MIAX will stop accepting cancels for orders (ends at 1:25 pm on early closing days). |
|
4:25 PM - 5:00 PM |
Dissemination of Nothing Done Messages (1:25 pm to 2:00 pm on early closing days) Final trade corrections and clearing adjustments. |
Calendar
|
Holiday |
2022 |
2023 |
|---|---|---|
|
New Year’s Day |
Monday, January 2nd (New Year’s holiday observed) |
|
|
Martin Luther King Jr. Day |
Monday, January 17th |
Monday, January 16th |
|
Washington’s Birthday |
Monday, February 21st |
Monday, February 20th |
|
Good Friday |
Friday, April 15th |
Friday, April 7th |
|
Memorial Day |
Monday, May 30th |
Monday, May 29th |
|
Juneteenth National Independence Day |
Monday, June 20th (Juneteenth holiday observed) |
Monday, June 19th |
|
Independence Day |
Monday, July 4th |
Monday, July 3rd** Tuesday, July 4th |
|
Labor Day |
Monday, September 5th |
Monday, September 4th |
|
Thanksgiving Day |
Thursday, November 24th |
Thursday, November 23rd |
|
Christmas |
Monday, December 26th (Christmas holiday observed) |
Monday, December 25th |
*2022: Each market will close early at 1:00 pm (1:15 pm for eligible options) on Friday, November 25, 2022. All times are Eastern Time.
** 2023: Each market will close early at 1:00 pm (1:15 pm for eligible options) on Monday, July 3, 2023 and Friday, November 24, 2023. All times are Eastern Time.
Have any questions or concerns? Contact Us.