MIAX PEARL Updates Rule on Exchange Data Feed Usage
Published Date: 3/20/2026
Notice
Summary
MIAX PEARL is updating its rule to clarify where it gets market data for the Texas Stock Exchange. This change affects traders and firms using MIAX PEARL’s data feeds and helps keep trading smooth and accurate. The update took effect right away on March 9, 2026, with no new fees involved.
Analyzed Economic Effects
4 provisions identified: 4 benefits, 0 costs, 0 mixed.
MIAX PEARL names SIP as TXSE feed
MIAX PEARL amended Exchange Rule 2613(a) to state that for Texas Stock Exchange LLC (TXSE) the Exchange will use the securities information processor (SIP) feed as its primary source for order handling, execution, routing, and regulatory compliance.
No secondary data source for TXSE
MIAX PEARL’s amended Rule 2613(a) specifies that, with respect to TXSE, the Exchange will not have a secondary source of market data and will rely on the SIP feed as its only source for TXSE data.
No fees tied to the rule change
The filing states the rule update took effect on March 9, 2026, and the change involves no new fees for the use of MIAX PEARL’s data feeds.
TXSE launch window and operative notice
The filing notes TXSE is preparing for launch and that continuous trading is expected to commence between July 2, 2026 and July 17, 2026; MIAX PEARL will issue an alert to announce the operative date of the rule change.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-12163, The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
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!
2026-16853, Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Its Price List
The New York Stock Exchange is changing its price rules starting August 11, 2026. They’re tweaking the share amount needed to get free late D Orders at the market close and cleaning up some wording. This affects traders using these order types and could save or cost them money depending on their order size.
2026-16855, Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Equity 4, Rule 3100 Regarding Trading Halts
Previous / Next Documents
Previous: 2026-05476, Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the NYSE Arca Equities Fees and Charges
Starting March 6, 2026, NYSE Arca is rolling out a cool new program that gives new Equity Trading Permit (ETP) holders big discounts on fees for up to 18 months. This means smaller traders and fresh market players get a friendlier, cheaper way to join and trade on the exchange. If you’re new to NYSE Arca, expect lower costs on permits, ports, and market data—making it easier and cheaper to get started!
Next: 2026-05478, Self-Regulatory Organizations; Nasdaq Texas, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Introduce TNO Cross Connect, a Colocation Telecommunications Carrier Connectivity Service
Nasdaq Texas is rolling out a new service called TNO Cross Connect that lets telecom companies connect easily inside its data center. This change affects anyone using Nasdaq Texas’s colocation services and aims to boost connectivity options. The new service is effective immediately, with fees to be announced soon.