Stock Exchange Slaps Traders with New 'SLAP' Order Purge Tool
Published Date: 7/30/2025
Notice
Summary
MIAX PEARL is updating its rules to add a new tool called Selective Liquidity Auto Purge (SLAP) that helps quickly cancel certain trading orders through their MEO Interface. This change affects traders using the exchange by making order cancellations faster and more precise, helping keep the market smooth and fair. The new rule is effective immediately, so traders should get ready to use SLAP right away!
No Economic Impacts Identified for this Document
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