MIAX Announces May Volume and Market Share Records
• May 2015, Record High Monthly National Equity Option Market Share: 7.56% • May 2015, Average Daily MIAX Volume Over 1,040,000 Contracts • May 26, 2015, Record High Daily National Equity Option Market Share: 8.32%
MIAX PRIME provides a fully electronic price improvement auction open to all members, providing Agency Orders an opportunity to receive better execution prices. PRIME will accept PRIME Orders priced at the NBBO or better for any size.
The average latency for a single quote is 27.41 microseconds for a full round trip • At the 99th percentile, the average latency is 61.93 microseconds • At the 99.9th percentile, the average latency is 99.43 microseconds MIAX Option’s unparalleled system throughput is in excess of 27 million quotes per second.
These numbers are based on the measurement of all production quotes throughout the trading day including the market opening. The latency measurements include the entire round trip to and from the outer edge of the MIAX network interface which includes the time to fully accept, process, and acknowledge all quotes.
MIAX Announces Availability of the MIAX Order (MOR) Feed
The MOR feed is a high speed real-time feed that publishes all actionable orders in addition to Series Update, System State and Underlying Trading Status messages. The feed is available to all MIAX participants.