Alerts

Westmoreland Coal Company (WLB) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Wednesday, April 25, 2018.

All GTC orders resting on the MIAX order books in WLB will be canceled at the close of business on Tuesday, April 24, 2018.

Details about the Westmoreland Coal Company (WLB) move to the OTC market are provided in the attached OCC memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

Blue Buffalo Pet Products, Inc. (BUFF) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Wednesday, April 25, 2018.

All GTC orders resting on the MIAX order books in BUFF will be canceled at the close of business on Tuesday, April 24, 2018.

Details about the Blue Buffalo Pet Products, Inc. (BUFF) merger are provided in the attached OCC memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

Ashford Hospitality Prime, Inc. (AHP) has announced a name and symbol change to Braemar Hotels & Resorts Inc. (BHR), effective for Tuesday, April 24, 2018.
 
All GTC orders resting on the MIAX order books in AHP will be canceled at the close of business on Monday, April 23, 2018.

NOTE: BHR options will trade on Cloud 2 on MIAX Options and on MIAX PEARL.

Additional details about the Ashford Hospitality Prime, Inc. (AHP) name and symbol change are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

Full details can be found in the attached news release.

For further information, please visit www.MIAXOptions.com or contact MIAX Trading Operations at TradingOperations@MIAXOptions.com.

For corporate communications, contact Dominique Prunetti-Miller at (609) 897-1465 or dprunetti@miami-holdings.com. 

The MIAX Options Exchange is planning to introduce stock-tied functionality beginning Q3 2018, pending SEC Approval.  In support of this new order type, MIAX Options has published updated Specifications.  

Mandatory Changes:

Firms that subscribe to the following interfaces/feeds are advised to assess their current interface implementations and make appropriate updates as needed:

1.  Clearing Trade Drop (CTD) Specification v2.2:

• Updates to Trade message for Stock-Tied functionality
  • New stock leg specific fields using existing reserved bytes
  • New values for existing option specific fields (e.g. Product ID, Strike Price, Call or Put etc.) to indicate they are “Not Applicable” in a stock leg trade message

2.  Administrative Information Subscriber (AIS) Feed Specification v2.3:

• Updates to Complex Strategy Definition Update message
  • Product ID = 0 for the stock leg in a stock-tied strategy definition message

3.  Complex Top of Market (cTOM) Feed Specification v1.3:

• Updates to Complex Strategy Definition Update message
  • Product ID = 0 for the stock leg in a stock-tied strategy definition message

4.  MIAX Order (MOR) Feed Specification v2.3:

• Updates to Complex Strategy Definition Update message
  • Product ID = 0 for the stock leg in a stock-tied strategy definition message

5.  Top of Market (ToM) Feed Specification v2.2:

• New Trade Condition “P” for a transaction that represents the option portion of an order with a single option leg (buy or sell of a call or put) and stock leg

Optional Changes:

Firms that choose to exercise the Stock-Tied functionality will need to make the following updates and certify their changes in MIAX Firm Test Bed.

1.  FIX Order Interface (FOI) Specification v2.3:

• Updates to New Order – Multileg (MsgType = AB), New Order Cross – Multileg (MsgType = As), Order Cancel/Replace – Multileg (MsgType = AC) and Execution Report – Single or Multileg (MsgType = 8) messages to support Stock-Tied order functionality

2.  FIX Drop Copy (FXD) Specification v2.3:

• Updates to Execution Report (MsgType = 8) and Trade Cancel/Correct (MsgType = UCC) messages to support Stock-Tied order functionality

3.  MIAX Express Interface (MEI) Specification v2.6:

• Updates to Complex eQuote message and eQuote response for Stock-Tied functionality
• A new message for stock leg Execution Notification
• Updates to Complex Strategy Definition Notification message to support stock tied strategy definitions

Minor clarifications in Session Management Protocol specification
 
MIAX MACH Protocol Specification 1.2b:

• Added clarifications around Session Number in Start of Session packet and Heartbeats
• Added clarification that Heartbeats are sent alone and not bundled with application messages

Important Dates:

• The above interface updates will be available in the MIAX Firm Test Bed (FTB2) environment on Monday, June 4, 2018.
• Production rollout is scheduled for 3rd quarter 2018, subject to SEC approval. Specific date will be announced in a future alert.

Please review the updated interface specification for further details.  All specifications are currently available at MIAX Options Interface Specifications.

Please contact MIAX Trading Operations at TradingOperations@MIAXOptions.com or (609) 897-7302 to discuss any specific issues and to arrange interface testing.

InVivo Therapeutics Holdings Corporation (NVIV) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Tuesday, April 17, 2018.

All GTC orders resting on the MIAX order books in NVIV will be canceled at the close of business on Monday, April 16, 2018.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

Cogint, Inc. (COGT) has announced a name and trading symbol change to Fluent, Inc. (FLNT), effective for Monday, April 16, 2018.
 
All GTC orders resting on the MIAX order books in COGT will be canceled at the close of business on Friday, April 13, 2018.

NOTE: FLNT options will trade on Cloud 6 on MIAX Options and on Cloud 3 on MIAX PEARL.

Additional details about the Cogint, Inc. (COGT) name and symbol change are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

Full details can be found in the attached news release.

For further information, please visit www.MIAXOptions.com or contact MIAX Trading Operations at TradingOperations@MIAXOptions.com.

For corporate communications, contact Dominique Prunetti-Miller at (609) 897-1465 or dprunetti@miami-holdings.com. 

Monsanto Company (MON) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Thursday, April 12, 2018.

All GTC orders resting on the MIAX order books in MON will be canceled at the close of business on Wednesday, April 11, 2018.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.