MIAX Emerald Bills Traders for Private Testing Line Access
Published Date: 1/31/2025
Notice
Summary
MIAX Emerald is adding a new fee for traders who want a special, dedicated connection to their testing system. This change affects market participants using this service and takes effect immediately, meaning users should expect to pay for this premium access starting now. The goal is to cover costs and keep the testing environment running smoothly.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Fee for Dedicated Testing Connection
If you are a market participant who wants a dedicated cross connection to MIAX Emerald's testing systems environment, the Exchange has added a new fee for that premium access. The rule was filed on January 14, 2025 and was designated effective immediately, so users choosing this dedicated connection should expect to pay the new fee starting on that date. The Exchange states the fee is intended to help cover costs and maintain the testing environment.
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Key Dates
Department and Agencies
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Previous: 2025-01993 — Self-Regulatory Organizations; Miami International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Its Fee Schedule To Adopt Fees for Dedicated Cross Connection Access to the Testing Systems Environment
Miami International Securities Exchange is adding a new fee for traders who want a special, dedicated connection to their testing system. This change affects market participants using this service and takes effect immediately, meaning users should expect to pay for this premium access starting now. The goal is to cover costs and keep the testing environment running smoothly.
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