Regulatory Alert, Trading Alert
MIAX Sapphire
August 19, 2025 | 11:53 AM
MIAX Pearl Options and MIAX Sapphire Options - Change to the Maximum Differential for the MIAX Pearl Order Monitor and MIAX Sapphire Order Monitor for Symbol GEV Effective Wednesday, August 20, 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 symbol GEV. The changes will begin on Wednesday, August 20, 2025, and remain in effect through Tuesday, September 30, 2025, unless withdrawn by the Exchanges before that time.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: