Regulatory Alert, Trading Alert

MIAX Pearl Equities

February 29, 2024 | 04:03 PM

MIAX Pearl Equities - Market Wide Circuit Breaker Testing and Member Designation Standards

MIAX Pearl Equities, in coordination with other market centers and the Securities Information Processors, will participate in the 2024 annual Market Wide Circuit Breaker (”MWCB”) test.

In accordance with MIAX Pearl Rule 2622 Limit Up-Limit Down Plan and Trading Halts, MIAX Pearl Equities will notify certain MIAX Pearl Equities Members that have mandatory participation requirements in the annual MWCB test.

Test Dates

  • Saturday, April 6, 2024 (Failover; MWCB Level 1 & 2 Test #1)
  • Saturday, July 20,2024 (Failover; MWCB Level 1 & 2 Test #2)
  • Saturday, September 7, 2024 (Dedicated MWCB Level 1, 2 & 3)
  • Saturday, December 7, 2024 (Failover; MWCB Level 1 & 2 Test #3)
 
Please refer to MIAX Pearl Equities RC 2024-05 for further details.

For questions regarding MWCB testing, contact Trading Operations Department at TradingOperations@miaxglobal.com or (609) 897-7302.
 
Direct Regulatory inquiries to Regulatory@miaxglobal.com or (609) 897-7309.