Market Maker Minimum Quote Size Requirements
Pursuant to MIAX PEARL Rule 605(a), MIAX PEARL has determined a Market Maker’s bid and offer for a series of options contracts shall be accompanied by the number of contracts at that price the Market Maker is willing to buy or sell. The best bid and best offer entered by a Market Maker must have a size of at least one (1) contract.
Market Maker Requirements
Pursuant to MIAX PEARL Options Rules 604 and 605, MIAX PEARL has established minimum requirements for Market Maker quoting and trading in assigned classes. The document below is a summary of MIAX PEARL Market Maker requirements currently in effect at the exchange.
Market Maker Quote Width Requirements
MIAX PEARL has no valid quote width requirements