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-2026-14
Effective / Approved
Amend the Fee Schedule to establish a new surcharge and rebate for certain transactions in complex orders on the Trading Floor.
March 31, 2026
SR-SAPPHIRE-2026-13
Pending
Amend Rule 402, Criteria for Underlying Securities, and Rule 403, Withdrawal of Approval of Underlying Securities, to establish listing criteria and withdrawal standards for options on Commodity-Based Trusts holding multiple crypto assets.
March 30, 2026
SR-Sapphire-2026-11
Effective / Approved
Amend the Sapphire Fee Schedule to amend certain non-transaction fee waivers.
March 18, 2026
SR-SAPPHIRE-2026-10
Effective / Approved
Amend the Fee Schedule to temporarily reduce the ORF to $0.0011 per contract between March 1, 2026 and June 30, 2026.
March 06, 2026