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Technical Alert

MIAX Options

May 15, 2019 | 03:57 PM

Amendment to Rule 404, Series of Option Contracts Open for Trading, Interpretation and Policy .10, to Allow $1 Strike Price Intervals Above $200 on Options on QQQ and IWM ETFs

MIAX Options, MIAX PEARL and MIAX Emerald have amended all three Exchanges’ Rule 404, Series of Option Contracts Open for Trading, Interpretation and Policy .10, to allow for the interval between strike prices of series of options on ETF shares of the PowerShares QQQ Trust (“QQQ”) and iShares Russell 2000 ETF (“IWM”) to be $1 or greater where the strike price is greater than $200.

The amendment became effective as of Tuesday, May 7, 2019.

Please refer to the following Regulatory Circulars for further information:

Contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 with any questions about the changes.
 
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.