14 Apr 2025
💰Proposed Rule Change for Temporary Discounts on MIAX Liquidity Reports
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 Provide Temporary Discounts to Current Subscribers to the MIAX Options Liquidity Taker Event Reports
Summary
The Miami International Securities Exchange is proposing a rule change to temporarily discount fees for current subscribers of specific liquidity event reports. This initiative is intended to provide customer service during system upgrades that may affect report quality, ensuring that existing subscribers receive equitable discounts while maintaining competitive pricing amidst market conditions.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content describes a proposed rule change allowing temporary discounts for current subscribers to specific liquidity reports, which can directly affect business costs and financial strategies for trading firms depending on their use of these reports.