Regulatory Alert

MIAX Options

March 28, 2013 | 02:44 PM

Penny Pilot Classes for Option Classes to Start Trading on April 1, 2013

MIAX Regulatory Circular 2013-14 identifies options classes to start trading on April 1, 2013 to be included in the MIAX Penny Pilot Program.

As part of the MIAX Penny Pilot Program select options may trade in $.01 increments when priced below $3.00. Options priced at $3.00 and above will trade in $.05 increments.

Please contact the MIAX Regulatory Department with any questions at Regulatory@miaxglobal.com or 609-897-7309.