Market Maker Minimum Quote Size Requirement
Pursuant to MIAX Pearl Rule 2606(a)(1) the minimum continuous quoting quote size for MIAX Pearl Equities Market Makers is 100 shares.
Market Maker Requirements
Pursuant to MIAX Pearl Rules 2605 and 2606, MIAX Pearl Equities has established minimum requirements for Market Maker quoting and trading in assigned classes. The document below is a summary of MIAX Pearl Equities Market Maker requirements currently in effect at the exchange.
Market Maker New Symbol Quote Requirement
Pursuant to MIAX Pearl Rule 2605, section c, Market Makers registering in a symbol must enter a quote within five days for a Primary MPID. Market Makers registering in a symbol must enter a quote within five days for each Supplemental MPID. Quote size for this requirement does not need to be for 100 shares to qualify.