Regulatory Alert, Trading Alert
MIAX Pearl
May 13, 2025 | 02:49 PM
Change to the Maximum Differential for the MIAX Pearl Order Monitor and MIAX Sapphire Order Monitor for Symbols AZO and MELI Effective Wednesday, May 14, 2025
MIAX Pearl Options and MIAX Sapphire Options will change the MIAX Pearl Order Monitor and MIAX Sapphire Order Monitor maximum valid bid/ask differentials for certain symbols traded on the Exchanges. The changes will begin on Wednesday, May 14, 2025, and remain in effect for through Monday, June 30, 2025, unless withdrawn by the Exchanges before that time.
For additional information on the expanded bid/ask differentials, please refer to the following Regulatory Circulars: