Exchange Launches Optional Daily Options Trade Report
Published Date: 5/21/2026
Notice
Summary
MIAX is rolling out a new Trade-by-Trade Report that shows detailed info on every options trade made on their exchange. Both members and non-members can buy this report, which will be ready each morning after the trading day ends. This change helps traders get clearer, up-to-date data and starts right away with no delay.
Analyzed Economic Effects
4 provisions identified: 2 benefits, 2 costs, 0 mixed.
Optional Trade-by-Trade Report For Purchase
MIAX is offering a new Trade-by-Trade Report that any Member or non-Member can buy. The Report will contain row-level details for every options execution (examples: trade date/time, trade ID, underlying symbol, expiration, strike, option type, quantity, price, side, open/close indicator, origin, market context indicators, and trade segment code).
Report Is Historical (T+1) — Not Real-Time
The Report will be produced and updated after the trading day and made available overnight after midnight Eastern Time (T+1), so the data is strictly historical and cannot be used to influence intraday trading decisions.
Exchange Will Establish Separate Fees
MIAX intends to file a separate rule to establish fees for the Trade-by-Trade Report, meaning subscribers will be charged to purchase the Report (fee details to be set in that separate filing).
Immediate Effect and Targeted Launch Window
The Commission waived the 30-day operative delay so the proposed rule change is operative upon filing (filed May 5, 2026), and MIAX targets launching the Report in the second or third quarter of 2026 with an alert to announce the exact date.
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Key Dates
Department and Agencies
Related Federal Register Documents
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Previous / Next Documents
Previous: 2026-10142, Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Short Term Option Series Program
MIAX PEARL is updating its Short Term Option Series Program to clear up how Monday and Wednesday options expire when a company announces earnings after the market closes. This change affects traders dealing with certain stocks and ETFs, making option expirations easier to understand and follow. The new rules kick in right away, helping everyone trade smarter without any surprise costs.
Next: 2026-10144, Self-Regulatory Organizations; MIAX SAPPHIRE, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Establish the Trade-by-Trade Report
MIAX Sapphire is rolling out a new Trade-by-Trade Report that shows detailed info on every options trade made on their exchange. Both members and non-members can buy this report, which updates daily and is ready overnight. This change helps traders get clearer, up-to-date data without any immediate cost changes or delays.