MIAX Sapphire™ Options Interface Specifications
The MIAX Sapphire trading platform is built to meet the high-performance order processing demands unique to the U.S. options trading industry. In addition to providing exceptional throughput, low latency access and wire-order determinism, our interface solutions facilitate well-defined and easy-to-implement, industry-accepted approaches to integration with the trading platform. Support is provided by a knowledgeable staff to assist firms with the onboarding process, certification or recertification in the firm test bed environment or to answer questions in the production environment.
FIX ORDER INTERFACE (FOI) GATEWAY
The MIAX Sapphire high-speed FIX Order Interface gateway conveniently routes orders to our trading engines through a common entry point to our trading platform.
FIX Order Interface (FOI) v1.0
MIAX FIX DROP (FXD)
The MIAX Sapphire FIX Drop is a messaging interface that provides real-time trade information corresponding to a firm’s orders.
MIAX EXPRESS ORDER (MEO)
The MIAX Express Order interface is a feature-rich binary order interface that provides exceptional determinism, throughput and ultra-low latency to our execution engines.
CLEARING TRADE DROP (CTD)
The MIAX Sapphire Clearing Trade Drop provides real-time clearing trade content to firms with the same ultra-low latency technology provided throughout our trading platform.
TOP OF MARKET (TOM) FEED
Get the MIAX Sapphire BBO and Trade Report market data via our hyper fast Top of Market feed.
SAPPHIRE LIQUIDITY FEED (SLF)
The Sapphire Liquidity Feed is a high-speed, real-time feed that publishes all actionable orders in addition to Series Update, System State and Underlying Trading Status messages.
Sapphire Liquidity Feed (SLF) v1.0
COMPLEX TOP OF MARKET (SBBO) FEED
The Complex Top of Market (cToM) provides subscribers with the current Complex SBBO (cSBBO) and Strategy Last Sale prices for all active Strategies using MIAX’s high-speed technology platform.
TCP SESSION MANAGEMENT AND TRANSMISSION CHARACTERISTICS
The SesM – TCP specification defines the session management for TCP connections to our market.
MULTICAST TRANSMISSION CHARACTERISTICS
The MIAX MACH protocol defines the handling of multicast transmissions from our market.
Exchange Codes | |
---|---|
OPRA Participant ID | S |
OCC SOSA Code | S |
OPRA Participant ID Abbreviation | SAPPHIRE |
Market Identifier Code (MIC) | SPHR |