25 Sep 2025
🔗MIAX Sapphire Proposes API Access to Member Firm Portal
Self-Regulatory Organizations; MIAX Sapphire, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Provide API Access to the Member Firm Portal
Summary
MIAX Sapphire, LLC proposes a rule change to enhance its Member Firm Portal (MFP) by offering API access for members. This new functionality enables automated interactions with the MFP, promoting efficient trade adjustments, risk management, and compliance, while retaining the existing web portal access at no additional cost.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice regarding MIAX Sapphire, LLC's proposed rule change to provide API access to its Member Firm Portal (MFP) has significant business implications. This change allows members to automate back office functions, enhancing efficiency and reducing operational risks for trading firms. As members can better manage their data and transactions, compliance and operational effectiveness may improve.