MIAX Sapphire® Options Exchange Rule Filings
As a registered national securities exchange, MIAX Sapphire is 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. MIAX Sapphire 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 Sapphire will post below pending rule filings submitted by the Exchange, followed by rule changes that have been approved by the SEC or became immediately effective pursuant to the Exchange Act.
SR-SAPPHIRE-2026-02
Effective / Approved
Amend the Fee Schedule to reflect certain Central Registration Depository Fees collected by the Financial Industry Regulatory Authority, Inc.
January 09, 2026
SR-SAPPHIRE-2025-45
Effective / Approved
Amend the Fee Schedule to extend the temporary discount program for the Open-Close Report until June 30, 2026.
December 31, 2025
SR-SAPPHIRE-2025-46
Effective / Approved
Amend the Fee Schedule related to ORF to extend the current sunset date of December 31, 2025 to June 30, 2026.
December 29, 2025
SR-SAPPHIRE-2025-40
Effective / Approved
Amend Rule 516, Order Types, to remove the definition of the unused and unimplemented Route to Floor order type.
December 05, 2025