All Options Exchanges Rule Filings
As registered national securities exchanges, MIAX Options®, MIAX Pearl® Options, MIAX Emerald® Options and MIAX Sapphire™ Options are required to submit to the SEC, pursuant to Section 19 of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 19b-4 thereunder, proposed rule changes. Each MIAX Exchange is required to post its rule filings on its website within two business days after submission. Rule filings are not effective until approved by the SEC, with the exception of certain types of rule filings that may take effect upon filing with the SEC if they meet the conditions specified under Section 19 of the Exchange Act and Rule 19b-4 thereunder. MIAX will post below pending rule filings submitted by each Exchange, followed by rule changes that have been approved by the SEC or became immediately effective pursuant to the Exchange Act.
SR-PEARL-2025-26
Pending
Amend Pearl Equities Rules 2618, Risk Settings and Trading Risk Metrics, 2621, Clearly Erroneous Executions, 2626, Retail Order Attribution Program, and 2900, Unlisted Trading Privileges to make minor, non-substantive edits and clarifying changes to provide consistency and clarity within the rule text.
June 05, 2025
MIAX Futures-DCM-25-18
Pending
Rule Certification Submission Pursuant to Regulation 40.6(a); Implementation of the MIAX Futures Proprietary Products Incentive Program.
June 05, 2025
MIAX Futures-DCM-25-17
Pending
Rule Certification Submission Pursuant to Regulation 40.6(a); Amendments to MIAX Futures Rules.
June 02, 2025
SR-PEARL-2025-25
Effective / Approved
Proposal to amend the MIAX Pearl Equities Fee Schedule to amend the NBBO Setter Plus Program.
May 30, 2025
SR-MIAX-2025-25
Pending
Adopt Rule 1327, In-Kind Exchange of Options Positions and ETF Shares and UIT Units.
May 29, 2025
MIAX Futures-DCM-25-16
Pending
Rule Certification Submission Pursuant to Regulation 40.6(a); Amendments to MIAX Futures Rules.
May 23, 2025
SR-PEARL-2025-24
Effective / Approved
Proposal to amend the MIAX Pearl Equities Fee Schedule to amend all port fees.
May 22, 2025
SR-EMERALD-2025-12
Effective / Approved
Amend the Fee Schedule to remove the text limiting the number of LSPs that Emerald market makers can utilize. This change will be implemented on June 23, 2025.
May 22, 2025