U.S. Options

As previously announced in the April 7, 2025 Alert, MIAX will launch the MIAX Sapphire Trading Floor on Tuesday, July 15, 2025 in Miami, Florida. Important dates and links to resources supporting the launch are included below.
 
Testing Dates:

1. Mock Trading Industry Testing from the MIAX Sapphire Trading Floor is scheduled as follows:
   1. Mock Trading Industry test #1:  Saturday, June 7, 2025
      1. Remote test from 8:00 a.m. - 12:00 p.m.
   2. Mock Trading Industry test #2:  Saturday, June 28, 2025
      1. Note, this test is in-person and participation is mandatory
2. Final Confidence Test: Saturday, July 12, 2025
   1. Note, this test is in-person and participation is not mandatory, but strongly encouraged

Trade Floor Installation Dates:

1. Now: Request telco service at the MIAX Sapphire Trading Floor site directly from vendors.
2. Coordinate the following Trade Floor requests with TradingOperations@miaxglobal.com:
   1. Now: Accepting equipment at the MIAX Sapphire Trading Floor.
   2. Now: Installation of equipment in the MIAX Sapphire Trading Floor Datacenter.
   3. Updated Date: May 27, 2025: Onboarding of MIAX Sapphire Trading Floor wired and Wi-Fi connectivity begins.
   4. Updated Target Date: June 16, 2025: Access to the MIAX Sapphire Trading Floor space for firm desktop installations.

Virtual Trade Floor

1. Virtual Trading Floor (VTF) disaster recovery remote mock trading sessions test dates will be announced once available.

Resources:

1. Trading Floor functional testing is currently available in the Firm Test Bed (FTB2)
2. MIAX Sapphire Options Interface Specifications are available for electronic orders and support for electronic orders interacting with floor trading
3. MIAX Sapphire Options Interface Specifications specific to Floor Trading are available by sending a request to TradingOperations@miaxglobal.com
4. FAQs are available by sending a request to TradingOperations@miaxglobal.com
5. Connectivity Guide 
6. MIAX Sapphire Options Exchange User Manual
7. Membership Forms
8. MIAX Sapphire Options Rulebook
9. To add MIAX Sapphire Options Alerts to your current e-mail subscriptions, revise your current MIAX e-mail subscriptions or to register a new e-mail address for subscriptions to MIAX Alerts, visit MIAX Email Subscriptions

Additional updates will be provided through future Alerts.

For additional information, please contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302.

Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.

Sales inquiries should be directed to Sales@miaxglobal.com, (609) 897-8177 or visit miaxglobal.com.