2025-22863NoticeWallet

Free Gig Connections for Stock-Option Order Routing Now Available

Published Date: 12/16/2025

Notice

Summary

MIAX Emerald is updating its fee schedule to give members and non-members up to two free 1 gigabit connections when used only for sending the stock part of Stock-Option Orders to other trading centers. This change helps traders save on connection costs starting immediately. If you trade options on MIAX Emerald, this means a smoother, cheaper way to route your orders!

Analyzed Economic Effects

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

Two Free 1 Gb Connections for Stock-Option Routing

If you are a MIAX Emerald Member or non-Member that routes the stock part of Stock-Option Orders, you may receive up to two 1 gigabit (Gb) connections for no charge when those connections are used solely to route the stock portion of a Stock-Option Order to an away Trading Center for execution on behalf of the Exchange. The waiver is effective December 1, 2025, and will avoid the Exchange's applicable $1,400 monthly network connectivity fee per 1 Gb connection described in the fee schedule.

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Key Dates

Effective Date
Published Date
12/1/2025
12/16/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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