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-2026-19
Effective / Approved
Amend Rule 20240, Qualified Floor Orders, to permit Floor Brokers to execute Customer Cross Orders, Complex Customer Cross Orders, Qualified Contingent Cross Orders, and Complex Qualified Contingent Cross Orders (collectively, the “Crossing Orders”) on the Trading Floor immediately without announcement to the trading crowd provided that certain requirements are met.
April 29, 2026
SR-SAPPHIRE-2026-21
Effective / Approved
Amend the Fee Schedule to establish fees for Industry Members related to reasonably budgeted CAT costs of the CAT NMS Plan for the period from May 1, 2026 through December 31, 2026.
April 23, 2026
SR-SAPPHIRE-2026-20
Effective / Approved
Amend the Fee Schedule to establish fees for Industry Members related to certain historical cost of the CAT NMS Plan incurred prior to January 1, 2022.
April 23, 2026
SR-SAPPHIRE-2026-18
Effective / Approved
Amend Rule 531, Reports and Market Data Products, to amend the timeframe for the Purge Liquidity Taker Report.
April 15, 2026