MIAX: Options Regulatory Fee Announcement

MIAX will amend the Options Regulatory Fee (“ORF”) of each MIAX Exchange as follows:

• MIAX Options will decrease the ORF to $0.00260 effective February 1, 2019
• MIAX PEARL will increase the ORF to $0.00210 effective February 1, 2019
• MIAX Emerald will implement a $0.00160 ORF effective February 22, 2019

For further details please refer to the Regulatory Circular listed below.

• MIAX Options Regulatory Circular 2018-74
• MIAX PEARL Regulatory Circular 2018-55
• MIAX Emerald Regulatory Circular 2018-01