Pearl Exchange Renews Bulk Data Discount Deal
Published Date: 7/16/2026
Notice
Summary
MIAX Pearl is keeping the 20% discount on fees for folks who buy lots of historical Open-Close Report data, extending this deal through December 31, 2026. This means traders and data users can save money when ordering $20,000 or more in data before the end of 2026. It’s a win for anyone who loves digging into past market moves without paying full price!
Analyzed Economic Effects
5 provisions identified: 2 benefits, 3 costs, 0 mixed.
20% Discount Extended to Dec 31, 2026
MIAX Pearl is extending a temporary 20% discount on ad-hoc purchases of historical End-of-Day or 10-Minute Open-Close Report data when a single order totals $20,000 or more. The extension runs through December 31, 2026 and applies to existing monthly subscribers who purchase the same category of historical data.
Free Historical 1-Minute Data for Subscribers
Current subscribers to the 1-Minute Open-Close Report may obtain historical 1-Minute Report data for no additional charge when they make an ad-hoc request. In addition, a current 1-Minute Report subscriber who purchases historical 1-Minute data may request historical End-of-Day and/or 10-Minute data for the same date range at no additional charge.
Current Prices for Open-Close Reports
MIAX Pearl's current subscription prices are: End-of-Day Report $600 per month, 10-Minute Report $2,000 per month, and 1-Minute Report $6,000 per month. Ad-hoc historical request fees are: End-of-Day $500 per request per month, 10-Minute $1,000 per request per month, and 1-Minute $2,500 per request per month.
1-Minute Report Excluded From Discount
The 20% ad-hoc discount does not apply to historical 1-Minute Open-Close Report requests; the exclusion continues through the extension period ending December 31, 2026. Purchasers of ad-hoc historical 1-Minute data will not receive the 20% reduction even if an order totals $20,000 or more.
Discount Rules: Subscribers Only and No Stacking
The 20% discount is provided only to existing monthly subscribers of the End-of-Day Report or 10-Minute Report and applies only to ad-hoc purchases of the same category of historical data. The discount cannot be combined with any other discount (including the academic discount), is applied on an order-by-order basis, and the Exchange does not aggregate purchases across orders to meet the $20,000 threshold.
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Key Dates
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Previous: 2026-14270 — 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 Amend Certain Fees and Rebates Applicable to Transactions in Non-Penny Classes for All Origins
MIAX Pearl is updating its fee schedule for options trading in non-penny classes, meaning some fees will go up while rebates for certain traders will increase. These changes affect all traders using the exchange and take effect immediately, aiming to balance costs and rewards. If you trade options on MIAX Pearl, expect to see new fees and rebates starting now.
Next: 2026-14272 — 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 Historical Requests of Certain Open-Close Report Data Until December 31, 2026
MIAX Emerald is keeping the 20% discount on fees for folks who request certain historical Open-Close Report data, but only if they spend $20,000 or more at once. This discount program just got extended through December 31, 2026, giving traders and data users more time to save money. If you rely on this data, now’s the perfect moment to take advantage of the deal before it ends!