MIAX Options: Change To Exchange Rule 521, Nullification And Adjustment Of Options Transactions Including Obvious Errors, For Transactions Being Used To Calculate The Final Settlement Price Of A Volatility Index

MIAX Options is amending Exchange Rule 521, to adopt a provision specifically related to its volatility index product and the calculation of the final settlement price of a volatility index on the final settlement day.

Please refer to MIAX Options Regulatory Circular 2019-14 for further details.