Testing & Certification

Firms seeking to become a part of the MIAX Options®, MIAX Pearl® Options, MIAX Emerald® Options and/or MIAX Sapphire™ 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)
  • FIX Order Interface (FOI)
  • Fix Drop Copy (FXD)
  • MIAX Express Order Interface (MEO)
  • Clearing Trade Drop (CTD)
  • Top of Market Feed (ToM)
  • Sapphire Liquidity Feed (SLF)
  • MIAX Complex Top of Market Feed (cToM)

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 all application interfaces prior to entitlement in the production trading system.

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.