Fees

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MIAX Options Exchange Transaction Fee Summary

Exchange Transaction Fee, per executed contract (Effective April 1, 2017)

 

 

Transaction Fees will be reduced by $0.02 per contract in Standard Options for i) Public Customer other than a Priority Customer, ii) Non-MIAX Options Market Maker, iii) Non-Member Broker-Dealer and iv) Firm for all Members that qualify for Priority Customer Rebate Program volume tiers 3 or higher. This includes Members or its affiliates*

Professional Rebate Program: Please see the full MIAX Options Fee Schedule for more information

PRIORITY CUSTOMER REBATE PROGRAM(see the MIAX Options Fee Schedule for Details) STANDARD OPTIONS
(EXCLUDING PRIME)
STANDARD OPTIONS
(EXCLUDING PRIME)
*list below
PRIME AGENCY
0 - 0.50% Customer ADV $0.004 $0.004 $0.10
Over 0.50% - 1.20% Customer ADV $0.10 $0.10 $0.10
Over 1.20% - 1.75% Customer ADV $0.15 $0.20 $0.103
Over 1.75% $0.21 $0.24 $0.103

3 Any Member or its affiliates* that qualifies for Priority Customer Rebate Program volume tiers 3 or higher will be credited an additional $0.02 per contract for each Priority Customer order executed in the PRIME Auction as a PRIME Agency Order over a threshold of 1,500,000 contracts in a month (excluding mini-options, Priority Customer-to-Priority Customer Orders, PRIME AOC Responses, PRIME Contra-side Orders, PRIME Orders for which both the Agency and Contra-side Order are Priority Customers, Qualified Contingent Cross Orders (QCC) and executions related to contracts that are routed to one or more exchanges in connection with the Options Order Protection and Locked/Crossed Market Plan referenced in MIAX Rule 1400).

4 Pro - Priority Cross Tier Program : Please see the full MIAX Options Fee Schedule for more information 

Routing Fees for all options will be assessed the executing exchange’s actual fee or rebate plus $0.10.

MIAX Options Select Symbols

* Select Symbol List : AAL, AAPL, AIG, AMAT, AMD, AMZN, BA, BABA, BBRY, BIDU, BP, C, CAT, CBS, CELG, CLF, CVX, DAL, EBAY, EEM, FB, FCX, GE, GILD, GLD, GM, GOOGL, GPRO, HAL, HTZ, INTC, IWM, JCP, JNJ, JPM, KMI, KO, MO, MRK, NFLX, NOK, NQ, ORCL, PBR, PFE, PG, QCOM, QQQ, RIG, S, SPY, SUNE, T, TSLA, USO, VALE, VXX, WBA, WFC, WMB, WY, X, XHB, XLE, XLF, XLP, XOM and XOP

* Affiliates as defined in the MIAX Options Fee Schedule