2026-00914Notice

MIAX Sapphire Extends Report Data Fee Discounts Further

Published Date: 1/20/2026

Notice

Summary

MIAX Sapphire is keeping the savings going! They’re extending a 20% discount on fees for anyone buying the Open-Close Report data until June 30, 2026. This means traders and firms using this info get to keep enjoying lower costs for a bit longer.

Analyzed Economic Effects

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

20% Discount Extended to June 30, 2026

MIAX Sapphire is extending a 20% discount on ad-hoc purchases of historical Open-Close Report data through June 30, 2026. The discount applies to ad-hoc End-of-Day and Intra-Day historical requests (for example, a $500 End-of-Day ad-hoc request would cost $400 after the 20% discount, and a $1,000 Intra-Day ad-hoc request would cost $800). The extension applies to Members and non-Members who purchase qualifying historical Open-Close Report data.

Who Qualifies and Discount Limits

The 20% discount is available only to existing monthly subscribers who purchase the same category of historical Open-Close Report data (End-of-Day or Intra-Day). The discount applies on an order-by-order basis, has no purchase threshold, cannot be combined with other discounts (including the Qualifying Academic Purchaser academic discount), and applies equally to Members and non-Members.

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Key Dates

Effective Date
Published Date
12/31/2025
1/20/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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