The MIAX Options Exchange has filed for immediate effectiveness of two filings to amend the MIAX Options Fee Schedule beginning September 1, 2014 as follows:
- Amend the MIAX Market Maker sliding scale to change the volume threshold calculations from aggregate numbers to percentages of total national Market Maker volume
- Increase the transaction fees for MIAX Market Makers, Public Customers that are not a Priority Customer, Non-MIAX Market Makers, Non-Member Broker-Dealers, and Firms by $0.02 per contract
- Provide for additional incentives for achieving certain Priority Customer Rebate Program volume tiers
- Adopt transaction fees for market participants in non-Penny Pilot options classes
- Provide for additional incentives for achieving certain Priority Customer Rebate Program volume tiers for non-Penny Pilot options classes
Please refer to the MIAX Regulatory Circular, MIAX_RC_2014_65, for further details.
The MIAX Options Fee Schedule is posted on the MIAX website at http://www.miaxoptions.com/content/fees.