Regulatory Alert

MIAX Options

October 23, 2020 | 10:53 AM

Support for Related Futures Cross (RFC) Orders on the Exchange

MIAX Options will implement two changes to support the trading of Related Futures Cross (“RFC”) Orders.

  • The Exchange will allow RFC orders to continue to trade during wide market conditions
  • The Exchange will allow RFC orders to participate in the Risk Protection Monitor and to be counted as two orders for the purpose of calculating the Allowable Order Rate
RFC orders will be available for trading beginning January 11, 2021.

Please refer to MIAX Options Regulatory Circular 2020-60 for more information.
 
Contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 with any questions regarding these changes.
 
Direct Regulatory inquiries to Regulatory@miaxoptions.com or (609) 897-7309.