2026-14274NoticeWallet

MIAX Extends Discount on Historical Trading Data

Published Date: 7/16/2026

Notice

Summary

Miami International Securities Exchange (MIAX) is extending a special 20% discount on fees for customers who request historical Open-Close Report data. This discount applies to those spending $20,000 or more and will now last until December 31, 2026. If you use this data for trading or research, you get to save money for a longer time!

Analyzed Economic Effects

5 provisions identified: 2 benefits, 2 costs, 1 mixed.

20% Discount Extended Through 2026

MIAX is extending a temporary 20% discount for ad-hoc purchases of historical End-of-Day and 10-Minute Open-Close Report data until December 31, 2026. To get the discount, a single ad-hoc order must total $20,000 or more and the purchaser must be an existing monthly subscriber to the same category of data.

1-Minute Historical Requests Excluded

The 20% temporary discount does not apply to ad-hoc historical requests for the 1-Minute Open-Close Report. Current subscribers to the 1-Minute Report, however, may receive free historical 1-Minute data and may request historical End-of-Day or 10-Minute data for the same date range at no additional charge.

Discount Limited to Existing Subscribers

The temporary 20% discount is available only to existing monthly subscribers who purchase the same category of historical data (End-of-Day or 10-Minute) as their subscription. The program is intended to encourage purchasing monthly subscriptions and runs through December 31, 2026.

Published Subscription and Ad-Hoc Prices

MIAX lists subscription prices of $600/month for the End-of-Day Report, $3,000/month for the 10-Minute Report, and $9,000/month for the 1-Minute Report. Ad-hoc historical request fees are $500 per month (End-of-Day), $1,000 per month (10-Minute), and $4,000 per month (1-Minute).

Discount Rules: Order-by-Order and No Stacking

The 20% discount applies on an order-by-order basis and the Exchange will not aggregate purchases across a billing cycle to meet the $20,000 threshold. The discount also cannot be combined with any other Exchange discount, including the academic discount.

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Key Dates

Published Date
7/16/2026

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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