MIAX Pearl® Equities Exchange Trade Hours of Operation
| TIME - U.S. ET ZONE | Description |
|---|---|
1:30 AM - 3:00 AM | Start of System Hours Dissemination of Start of Session message and multicast heartbeats overall market data feeds. Dissemination of symbol reference data overall market data feeds and retransmission services. |
3:00 AM | MIAX Express Order Interface (MEO) Firms can connect to MEO.
FIX Order Interface (FOI) Firms can connect to the FOI and all other FIX applications (OFXD, FXD). |
3:30 AM | Live Order Window (LOW) Opens Firms can send MEO and FIX orders. |
4:00 AM | Start of Early Trading Session |
9:30 AM | Start of Regular Trading Hours Opening Process conducted. Regular Trading Session starts at completion of Opening Process |
4:00 PM | End of Regular Trading Session (ends at 1:00 pm on early closing days) |
4:00 PM | Start of Late Trading Session (begins at 1:00pm on early closing days) |
8:00 PM | End of Late Trading Session (ends at 5:00 PM on early closing days) Final trade corrections and clearing adjustments. |
MIAX Pearl Equities Exchange Holiday Calendar
| Holiday | 2025 | 2026 |
|---|---|---|
| New Year’s Day | Wednesday, January 1st | Thursday, January 1st |
| Martin Luther King Jr. Day | Monday, January 20th | Monday, January 19th |
| Washington’s Birthday | Monday, February 17th | Monday, February 16th |
| Good Friday | Friday, April 18th | Friday, April 3rd |
| Memorial Day | Monday, May 26th | Monday, May 25th |
| Juneteenth National Independence Day | Thursday, June 19th | Friday, June 19th |
| Independence Day | Thursday, July 3rd* Friday, July 4th | Friday, July 3rd (Independence Day Observed) |
| Labor Day | Monday, September 1st | Monday, September 7th |
| Thanksgiving Day | Thursday, November 27th Friday, November 28th * | Thursday, November 26th Friday, November 27th ** |
| Christmas | Wednesday, December 24th* Thursday, December 25th | Thursday, December 24th** Friday, December 25th |
*2025: Each market will close early at 1:00 p.m. on Thursday, July 3, 2025, Friday, November 28, 2025 and Wednesday, December 24, 2025. All times are Eastern Time.
**2026: Each market will close early at 1:00 p.m. on Friday, November 27, 2026 and Thursday, December 24, 2026. All times are Eastern Time.
Have any questions or concerns? Contact Us.