2025-17450NoticeWallet

Miami Exchange Speeds Up Options Data with New Report

Published Date: 9/11/2025

Notice

Summary

Miami International Securities Exchange (MIAX) is rolling out a cool new report called the One-Minute Interval Intra-Day Open-Close Report. This update gives traders faster, more detailed info about market activity every minute during the day. The change is effective immediately, helping market pros make smarter moves without delay.

Analyzed Economic Effects

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

One-minute intra-day options data for buyers

MIAX introduced a new One-Minute Interval Intra-Day Open-Close Report that produces data snapshots every one minute during the trading day and will be available to purchase by Exchange Members and non-Members. Subscribers would receive each one-minute snapshot within about five minutes after the interval (the Exchange expects delivery to range from 2–5 minutes after each one-minute snapshot); the first example delivery would be approximately 9:34 a.m. ET for data captured from 9:30–9:31 a.m. The report provides the same option-level fields as the existing intra-day product (by origin, buy/sell, open/close, and trade-size buckets) but at one-minute intervals, and the Exchange intends to file fees for the product in a separate rule filing.

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Key Dates

Effective Date
Published Date
8/27/2025
9/11/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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