The MIAX Opening Quote Width Multiplier for options with a time to expiration of nine (9) months or greater (“Long Term Option” or “LTO”) will be two times (2X) the standard opening quote width requirement.
This change will become effective at the start of trading on Thursday, June 19, 2014.
Please refer to MIAX Regulatory Circular 2014 41 for further details.
FTSE Mondo Visione Exchanges Index: 99,887.67 +394.65
Changes To MIAX Opening Quote Width Multiplier For Long Term Options Effective June 19, 2014
Date 18/06/2014
