2025-04324Notice

Pay Up for Your Private Trading Test Drive: MIAX Pearl's New Fee Hits

Published Date: 3/18/2025

Notice

Summary

MIAX Pearl is adding a new fee for traders who want a special, dedicated connection to their testing system. This change affects anyone using the Exchange’s test environment and starts right away. It helps cover costs while keeping testing smooth and reliable.

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Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

New Fee for Dedicated Test Connections

If you are a market participant who wants a special, dedicated cross connection to MIAX Pearl’s testing systems environment, the Exchange has adopted a new fee for that dedicated connection. The rule filing was submitted on March 5, 2025 and the change is designated for immediate effectiveness.

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Key Dates

Effective Date
Published Date
3/5/2025
3/18/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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