Trading Alert
MIAX Options
October 07, 2019 | 03:50 PM
MIAX Options Exchange Reminder: 8:1 Ratio Delta Neutral Trading in SPIKES Options
As previously announced in the October 3rd Alert, MIAX Options has amended Exchange Rule 518, Complex Orders, to support SPIKES Combination 8:1 ratio, which is an increase from the current ratio of 3:1. This enhancement will be available in the production environment tomorrow, October 8, 2019.
Please refer to MIAX Options Regulatory Circular 2019-57 for further details.
This enhancement is currently available in MIAX Firm Test Beds #1 and #2 (FTB1 and FTB2). Please contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 with any questions.
Regulatory inquiries should be directed to Regulatory@miaxoptions.com or (609) 897-7309.