MIAX Pearl Extends Savings on Open-Close Data Bundles
Published Date: 1/20/2026
Notice
Summary
MIAX Pearl is extending a special 20% discount on fees for buying their Open-Close Report data until June 30, 2026. This means traders and firms who spend $20,000 or more on this data in one order get to save money for six more months. The discount was supposed to end at the end of 2025 but now keeps the savings rolling into mid-2026.
Analyzed Economic Effects
4 provisions identified: 1 benefits, 3 costs, 0 mixed.
20% Discount Extended to June 30, 2026
If your firm or trading shop buys historical Open-Close Report data in a single order of $20,000 or more, MIAX Pearl will apply a 20% discount on that order. The Exchange extended this temporary discount program through June 30, 2026 (it had been set to expire December 31, 2025).
Discount Limited to Existing Subscribers
The 20% discount is available only to existing monthly subscribers who purchase the same category of historical Open-Close Report data that they subscribe to. This limitation is intended to encourage monthly subscriptions rather than extend the discount to new, non-subscribing purchasers.
Discount Applies Order-by-Order Only
To qualify for the 20% discount, a single order must total $20,000 or more; MIAX Pearl does not aggregate purchases over a billing cycle. For example, a qualifying $25,000 order would be discounted to $20,000 (20% off).
Discount Cannot Be Combined With Other Discounts
The temporary 20% discount cannot be combined with any other MIAX Pearl discounts, including the academic discount for Qualifying Academic Purchasers. Buyers who qualify for the academic pricing cannot stack the 20% historical data discount with that academic discount.
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Key Dates
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Previous / Next Documents
Previous: 2026-00915 — 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 Until June 30, 2026
MIAX Emerald is keeping the party going by extending a 20% discount on their Open-Close Report fees until June 30, 2026. This means traders and firms buying big chunks of this data get to save money for a bit longer. If you use or plan to use this report, now’s the time to enjoy the discount and plan ahead!
Next: 2026-00917 — Self-Regulatory Organizations; Miami International Securities Exchange, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee Schedule To Extend the Temporary Discount Program for the Open-Close Report Until June 30, 2026
MIAX is extending a special 20% discount on fees for buying big bundles of Open-Close Report data until June 30, 2026. This means traders and firms who need this data can keep saving money for another six months. The discount was supposed to end at the end of 2025, but now it’s staying around to help users get more value.