Mandatory Usage Of MIAX Options Order Monitor Protections

MIAX Options filed a proposal to amend MIAX Options Rule 519, MIAX Order Monitor, to require MIAX Options Members to use certain risk protections, which will become effective on March 27, 2017.

If a MIAX Options Member fails to designate a value for any of the required price protections, a default value will be applied.

Please refer to MIAX Options Regulatory Circular 2017-15 for the required risk protections and default values.

Please direct any questions to the Regulatory Department at Regulatory@MIAXOptions.com or (609) 897-7309.