17 Jul 2025
📈MIAX Pearl Options Exchange Fee Changes
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 Adopt New Fee Categories for the Exchange's Proprietary Market Data Feeds
Summary
The MIAX Pearl Options Exchange has proposed amendments to its fee schedule for proprietary market data feeds, introducing new categories and fees for users. These changes aim to align with affiliate exchanges and simplify the fee structure, affecting how financial entities engage with market data services.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document outlines a proposed fee change by the MIAX Pearl Options Exchange, impacting market data fees for business owners and executives who utilize these data feeds. These fees are significant for financial institutions and traders needing market data, potentially affecting their operational costs and competitive positioning.