MIAX Options Keeps 20% Off Big Data Buys Until Year-End
Published Date: 7/22/2025
Notice
Summary
MIAX is extending a special 20% discount on fees for buying big bundles of Open-Close Report data until the end of 2025. This deal helps traders and firms save money when they purchase $20,000 or more in one go. The discount was supposed to end mid-2025 but now sticks around through December 31, 2025, giving everyone more time to cash in on savings.
Analyzed Economic Effects
3 provisions identified: 1 benefits, 1 costs, 1 mixed.
20% Discount on Large Open‑Close Orders
MIAX is extending a temporary 20% discount on purchases of historical Open-Close Report data when a single order is $20,000 or more through December 31, 2025. The Open-Close Report is voluntary historical data (End-of-Day and Intra-Day); monthly subscription fees are $600 (End-of-Day) and $2,000 (Intra-Day), while ad-hoc historical request fees are $500 (End-of-Day) and $1,000 (Intra-Day).
Discount Only for Existing Subscribers
The 20% discount through December 31, 2025 applies only to Members and non-Members who are existing monthly subscribers and who purchase the same category of historical Open-Close Report data; it cannot be combined with other Exchange discounts, including the academic discount for Qualifying Academic Purchasers. The program is intended to encourage monthly subscriptions.
Discount Applied Order‑by‑Order, No Aggregation
MIAX applies the 20% discount on an order-by-order basis and does not aggregate purchases across a billing cycle to meet the $20,000 threshold; for example, a single qualifying $25,000 order would be discounted to $20,000 (a $5,000 discount).
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-10373 — Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222 — Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-11810 — Self-Regulatory Organizations; Cboe EDGX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Fees for Its New Clock Service
Cboe EDGX Exchange just rolled out a new Clock Service that helps users sync their time systems perfectly with the Exchange. Starting May 18, 2026, they’re charging fees for this service but also offering a free trial to get everyone on board. This affects both members and non-members who want precise timing for their trading activities.
2026-11812 — Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Fees for Its New Clock Service
Cboe EDGA Exchange just rolled out a new Clock Service to help traders sync their time systems perfectly. Starting May 18, 2026, users can try it for free, but after that, there will be fees for using this handy tool. This change affects anyone who wants precise timing for trading and keeps things running smoothly.
2026-11809 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Adopt Fees for Its New Clock Service
Cboe BZX Exchange just rolled out a new Clock Service that helps users sync their time systems with the Exchange’s for better accuracy. Starting May 18, 2026, they’re charging fees for this service but offering a free trial to get everyone started. This affects both members and non-members who want precise timing for their trading activities.
Previous / Next Documents
Previous: 2025-13725 — Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the MIAX Pearl Options Exchange Fee Schedule To Extend the Temporary Discount Program for the Open-Close Report
MIAX Pearl is extending a 20% discount on fees for buying big bundles of Open-Close Report data until the end of 2025. This helps traders and firms save money when they purchase $20,000 or more in historical data in one go. The discount was supposed to end mid-2025 but now sticks around through December 31, 2025.
Next: 2025-13727 — Self-Regulatory Organizations; MIAX Emerald, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the MIAX Emerald Options Exchange Fee Schedule To Extend the Temporary Discount Program for the Open-Close Report
MIAX Emerald is keeping the savings going by extending a 20% discount on their Open-Close Report fees until the end of 2025. This deal helps traders and firms who buy $20,000 or more in historical data in one go. If you’re a member or not, now’s the time to grab this discount before it ends on December 31, 2025!