U.S. Options

Effective June 1, 2026, MIAX Options Exchange, MIAX Pearl Options Exchange, and MIAX Emerald Options Exchange will amend the following fees pending filings with the Securities and Exchange Commission:

1. MIAX Options, MIAX Pearl Options, and MIAX Emerald Options
   1. New Trade-by-Trade Report (“TBT”) will be available for monthly subscription and historical data purchase for each respective exchange beginning June 1, 2026 as previously announced in the May 27, 2026 Alert.
   2. MIAX Options Exchange
      1. Monthly subscription: $10,000
      2. Ad hoc request for historical TBT data:  $6,000 per request per month
      3. Qualifying academic purchases of historical TBT data: $18,000 per year for the first year; $1,500 per month for each additional month
      4. Subscribers who purchase or have purchased historical 1-Minute Interval Intra-Day Open-Close Report (“1-Minute Report”) data and purchase historical TBT data for the same period: $3,000 per request per month
   3. MIAX Pearl Options Exchange and MIAX Emerald Options Exchange (for each exchange)
      1. Monthly subscription: $7,000
      2. Ad hoc request for historical TBT data:  $4,000 per request per month
      3. Qualifying academic purchases of historical TBT data: $12,000 per year for the first year; $1,000 per month for each additional month
      4. Subscribers who purchase or have purchased historical 1-Minute Report data and purchase historical TBT data for the same period : $2,000 per request per month

 
Attached are highlighted summaries of the June 2026 fee changes.

Complete details will be contained in the June 2026 exchange fee schedules, when posted on the MIAX website at MIAX Options Fee Schedule, MIAX Pearl Options Fee Schedule, MIAX Emerald Options Fee Schedule.

For additional information, please contact MIAX Sales at Sales@miaxglobal.com or (609) 897-8177.

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