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-2025-24
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
SR-PEARL-2025-23
Effective / Approved
Amend Pearl Equity Exchange Rule 2617 to remove an unnecessary parenthetical naming the primary listing equities.
May 21, 2025
MIAX Futures-DCM-25-15
Effective / Approved
Rule Certification Submission Pursuant to Regulation 40.6(a); Modificatons to the HRSW Futures Incentive Program.
May 21, 2025
SR-SAPPHIRE-2025-24
Effective / Approved
Proposal to amend the Sapphire Fee Schedule to extend the ORF sunset date from May 31, 2025 to December 31, 2025.
May 14, 2025
SR-SAPPHIRE-2025-23
Effective / Approved
Proposal to amend the MIAX Sapphire Fee Schedule to (1) establish User and Non-Display Usage fees for the Exchange's proprietary market data feeds and (2) remove text regarding the Initial Waiver Period for market data fees.
May 07, 2025
SR-PEARL-2025-22
Effective / Approved
Proposal to amend the MIAX Pearl Options Fee Schedule to establish User and Non-Display Usage fees for the Exchange's proprietary market data feeds.
May 07, 2025
SR-MIAX-2025-24
Effective / Approved
Proposal to amend the Fee Schedule to remove obsolete text regarding temporary discounts to current subscribers to the MIAX Options Liquidity Taker Event Reports.
May 07, 2025