MIAX PEARL Adds Fees to Proprietary Market Data Feeds
Published Date: 3/4/2025
Notice
Summary
MIAX PEARL is updating its fee schedule to add new pricing categories for its special market data feeds called Top of Market and Liquidity Feed. This change affects traders and firms who use these data services and takes effect immediately, possibly changing how much they pay. The SEC is keeping an eye on it and asking for public feedback within 60 days.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
MIAX Adds Market Data Fee Categories
MIAX PEARL filed on February 14, 2025 to add new pricing categories for its Top of Market (ToM) and Pearl Liquidity Feed (PLF) proprietary market data feeds. The change was designated effective immediately and may change how much traders and firms who use these data services pay; the SEC is soliciting public comments on file number SR-PEARL-2025-06 through March 25, 2025.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in