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Trading Alert

MIAX Pearl

March 22, 2017 | 11:20 AM

MIAX PEARL MPV Settings

MIAX PEARL Members may designate price protection instructions between zero (0) and twenty (20) Minimum Price Variations ("MPV") on an order by order basis away from (1) the NBBO at the time of receipt, or the PBBO if the ABBO is crossing the PBBO; or (2) the Opening Price for New Opening Orders.

Please refer to MIAX PEARL Regulatory Circular 2017-35 for further information on MIAX PEARL MPV settings.
 
For questions, please contact Trading Operations at TradingOperations@miaxglobal.com or call (609) 897-7302.
 
Regulatory questions may be directed to the Regulatory Department at Regulatory@miaxglobal.com or (609) 897-7309.