Testing & Certification

Firms seeking to become a part of the MIAX Options®, MIAX Pearl® Options and/or MIAX Emerald® Options Exchanges should take the following steps once they have established connectivity to the appropriate MIAX Test environment:


MIAX Interface Testing

MIAX Trading Operations can support all firms with API and Data Feed testing via the MIAX Firm Test System. Supported interfaces include:

  • FIX Order Interface (FOI)
  • Fix Drop Copy (FXD)
  • MIAX Express Interface (MEI)
  • Clearing Trade Drop (CTD)
  • Top of Market Feed (ToM)
  • MIAX Complex Top of Market Feed (cToM)
  • MIAX Order Feed (MOR)
  • Administrative Information Subscriber Feed (AIS)
  • MIAX Product Feed (MPF)
  • FIX Order Interface (FOI)
  • Fix Drop Copy (FXD)
  • MIAX Express Order Interface (MEO)
  • Clearing Trade Drop (CTD)
  • Top of Market Feed (ToM)
  • PEARL Liquidity Feed (PLF)
  • FIX Order Interface (FOI)
  • Fix Drop Copy (FXD)
  • MIAX Express Interface (MEI)
  • Clearing Trade Drop (CTD)
  • Top of Market Feed (ToM)
  • MIAX Complex Top of Market Feed (cToM)
  • MIAX Order Feed (MOR)
  • Administrative Information Subscriber Feed (AIS)

MIAX Interface Certification Testing

Firms must certify their connectivity and certain application interfaces with MIAX. Contact TradingOperations@miaxglobal.com regarding the interface and certification testing process. Mandatory certification is required for the following interfaces prior to entitlement in the production trading system. Certification criteria are outlined below:

Please refer to MIAX All Options Exchanges Interface Specifications for the latest interface specifications. Please refer to the MIAX Connectivity Guide for information on connecting to MIAX.