MIAX Options® Exchange Market Maker Requirements
MIAX Options Market Maker Minimum Quote Size Requirements
Pursuant to MIAX Options Rule 604(b)(2), MIAX Options has determined all symbols listed on MIAX Options have a minimum quote size of one (1) contract.
MIAX Options Market Maker Requirements
Pursuant to MIAX Options Rules 603, 604 and 605, MIAX Options has established minimum requirements for Market Maker quoting and trading in assigned classes. The document below is a summary of MIAX Options Market Maker requirements currently in effect at the exchange.
MIAX Options Market Maker Quote Width Requirements
Pursuant to MIAX Options Rule 603(b)(4)(i), MIAX Options has determined on a class-by-class basis the maximum valid quote width for options during and following the opening rotation to be five (5) dollars. The documents below identify MIAX Options listed classes with a maximum quote width greater than five (5) dollars wide during and following the opening rotation in the equity option.
MIAX Pearl® Options Exchange Market Maker Requirements
MIAX Pearl Market Maker Minimum Quote Size Requirements
Pursuant to MIAX Pearl Rule 605(a), MIAX Pearl has determined a Market Maker’s bid and offer for a series of options contracts shall be accompanied by the number of contracts at that price the Market Maker is willing to buy or sell. The best bid and best offer entered by a Market Maker must have a size of at least one (1) contract.
MIAX Pearl Market Maker Requirements
Pursuant to MIAX Pearl Options Rules 604 and 605, MIAX Pearl has established minimum requirements for Market Maker quoting and trading in assigned classes. The document below is a summary of MIAX Pearl Market Maker requirements currently in effect at the exchange.
MIAX Pearl Market Maker Quote Width Requirements
Pursuant to MIAX Pearl Rule 519(a)(2)(ii), MIAX Pearl has designated certain classes as Extended Width Classes and such classes will be exempt from the MIAX Pearl Order Monitor maximum differential between the bid and ask of the NBBO as described in MIAX Pearl Rule 519(a)(2)(i).
MIAX Emerald® Options Exchange Market Maker Requirements
MIAX Emerald Market Maker Minimum Quote Size Requirements
Pursuant to MIAX Emerald Rule 604(b)(2), MIAX Emerald has determined all symbols listed on MIAX Emerald have a minimum quote size of one (1) contract.
MIAX Emerald Market Maker Requirements
Pursuant to MIAX Emerald Rules 603, 604 and 605, MIAX Emerald has established minimum requirements for Market Maker quoting and trading in assigned classes. The document below is a summary of MIAX Emerald Market Maker requirements currently in effect at the exchange.
MIAX Emerald Market Maker Quote Width Requirements
Pursuant to MIAX Emerald Rules 503(e)(2) and 603(b)(4)(i), MIAX Emerald has determined on a class-by-class basis the maximum valid quote width for options during and following the opening rotation to be five (5) dollars. The documents below identify MIAX Emerald listed classes with a maximum quote width greater than five (5) dollars wide during and following the opening rotation in the equity option.