Technical Alert
MIAX Options
October 09, 2020 | 02:18 PM
New Complex Auction-On-Arrival-Only Order
MIAX Options will implement a new Complex Auction-on-Arrival-Only (“cAOAO”) order type on January 11, 2021.
A cAOAO order is a complex order that can be placed into an auction if eligible, and cancelled if not eligible. Any unexecuted balance of a cAOAO order remaining upon the completion of the auction process is also cancelled.
Please refer to MIAX Options Regulatory Circular 2020-57 for additional information.
Contact MIAX Trading Operations at TradingOperations@miaxglobal.com or (609) 897-7302 with any questions about Complex Auction-on-Arrival-Only orders.
Regulatory inquiries should be directed to Regulatory@miaxglobal.com or (609) 897-7309.