Alerts

Annaly Capital Management, Inc. (NLY) has announced a 1 for 4 reverse stock split effective for Monday, September 26, 2022. On that date, the current NLY option class will change to NLY1. The MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange will not list NLY1 options. Therefore, no options in NLY will be available for trading on Monday, September 26, 2022. 

Annaly Capital Management, Inc. (NLY) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange on Tuesday, September 27, 2022.

All GTC orders resting on the MIAX order books in NLY will be canceled at the close of business on Friday, September 23, 2022.

Additional details about the Annaly Capital Management, Inc. (NLY) stock split are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308. 
NLY RevSplit 51076

SEE FULL PAGE

Hoegh LNG Partners LP (HMLP) will be de-listed from the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange effective on Monday, September 26, 2022.

All GTC orders resting on the MIAX order books in HMLP will be canceled at the close of business on Friday, September 23, 2022.

Please contact MIAX Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

SEE FULL PAGE

MIAX Emerald Options Exchange has published updated Interface Specifications to support the following system enhancements:

Complex Orders – Stock-tied Orders will support 4 Decimals (Scheduled to be deployed between October 15th-21st 2022):

• FIX Interface Specification (FOI) - Version 1.1a
  • Updated New Order – Multileg (MsgType = "AB")
    • FIX Tag Price (#44) will now accept up to 4 decimal places for stock-tied orders
  • Updated New Order Cross – Multileg (MsgType = "As")
    • FIX Tag Price (#44) will now accept up to 4 decimal places for stock-tied cPRIME and cQCC orders
  • Updated Order Cancel/Replace – Multileg (MsgType = "AC")
    • FIX Tag Price (#44) will now accept up to 4 decimal places for stock-tied orders

Trade Conditions in older CTD versions (Scheduled to be deployed between October 15th-21st 2022, pending SEC approval):

• Clearing Trade Drop (CTD) - Version 1.2a
  • Noted that CTD1.0 will always have a trade condition of Regular(‘ ‘/space) for all system generated automatic trades.

Fill-Or-Kill (FOK) eQuotes removed from the Interface specification as it is no longer supported:

• MIAX Express Interface (MEI) - Version 2.1c
  • FOK eQuotes references removed throughout the document

Order price clarifications based on new price protections (Scheduled to be deployed in November 2022, pending SEC approval):

• MIAX Order (MOR) Feed – Version 1.1a
  • Simple order price will be the original limit price of the order
  • Complex order price will be the effective limit price of the order

These features are currently available in the Firm Test Bed (FTB2) environment.

Please review the updated interface specifications for further details on the MIAX website at MIAX Emerald Options Exchange Specifications

Please contact MIAX Trading Operations at TradingOperations@MIAXOptions.com or (609) 897-7302 to discuss any specific issues and to arrange interface testing.

SEE FULL PAGE

Catalyst Biosciences, Inc. (CBIO) has announced an Special Cash Dividend. Associated strike price adjustments will become effective on Wednesday, September 21, 2022. CBIO options will continue to trade without interruption on the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange.

All GTC orders resting on the MIAX order books in CBIO will be canceled at the close of business on Tuesday, September 20, 2022.

Additional details about the Catalyst Biosciences, Inc. (CBIO) dividend are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.
CBIO Dividend 50961

SEE FULL PAGE

VEON Ltd. (VEON) will be de-listed from the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange effective on Tuesday, September 20, 2022.

All GTC orders resting on the MIAX order books in VEON will be canceled at the close of business on Monday, September 19, 2022.

Please contact MIAX Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

SEE FULL PAGE

Overview:

As previously announced in the April 19, 2022 Alert, the MIAX Exchange Group will be participating in the 2022 SIFMA BCP Testing on Saturday, October 15, 2022.  All Members that are required to test with MIAX Options, MIAX Pearl Options, MIAX Emerald Options and/or MIAX Pearl Equities Exchanges in accordance with Regulation Systems Compliance and Integrity (Regulation SCI) were notified on April 5, 2022.  However, all Members are encouraged to test. 

All Exchange designated Members are required to maintain connection to the MIAX Disaster Recovery (DR) environment for a twelve (12) month period after receiving notification for mandatory testing. All of the Exchanges will operate out of the Chicago (CH4) Disaster Recovery site for the scheduled test.

Designation Standards - Business Continuity and Disaster Recovery Plans Testing Member:

• MIAX Options Exchange  MIAX_Options_RC_2021_80
• MIAX PEARL Options Exchange MIAX_PEARL_RC_2021_72
• MIAX Emerald Options Exchange  MIAX_Emerald_RC_2021_76
• MIAX PEARL Equities Exchange MIAX_PEARL_Equities_RC_2021_03

Contact - for test day support, to coordinate participation or to arrange connectivity testing:

• MIAX Trading Operations at TradingOperations@MIAXOptions.com or (609) 897-7302

Pre-Testing:

• Availability to the DR environments for each of the MIAX Exchanges will be available:
  • Saturday, September 24, 2022, between 8:00AM - 1:00PM EST
    • Application layer connectivity testing
  • Saturday, October 1, 2022, between 8:00AM - 1:00PM EST
    • Application layer connectivity testing
  • Monday, October 10, 2022 through Friday, October 14, 2022, between 8:00AM - 5:30PM EST
    • Unicast telnet testing only

MIAX Options, MIAX Pearl Options & MIAX Emerald Options Exchanges BCP Testing Requirements
Members mandated to participate in accordance with Regulation SCI are obligated, at a minimum, to demonstrate the following:

Electronic Exchange Members (EEM)

• Send at least two orders in any of the options listed below
• Receive at least one execution in any of the options listed below

Market Makers (MM)

• MIAX Options Exchange:
  • Send at least one two-sided quote in any of the options listed below
  • Receive at least one execution in any of the options listed below
• MIAX Pearl Options Exchange:
  • Send at least one two-sided order in any of the options listed below
  • Receive at least one execution in any of the options listed below
• MIAX Emerald Options Exchange:
  • Send at least one two-sided quote in any of the options listed below
  • Receive at least one execution in any of the options listed below

Options

1. AAPL - JAN 20 23 – C – 170
2. AAPL - JAN 20 23 – P – 170
3. BAC - NOV 18 22 – C – 39
4. BAC - NOV 18 22 – P – 39
5. GE - JAN 20 23 – C – 85
6. GE - JAN 20 23 – P – 85
7. MSFT - JUN 16 23 – C – 300
8. MSFT - JUN 16 23 – P – 300
9. SPY - DEC 16 22 – C – 445
10. SPY - DEC 16 22 – P – 445
11. SPIKE - NOV 16 22 – C – 26
12. SPIKE - NOV 16 22 – P – 26

MIAX Pearl Equities Exchange BCP Testing Requirements
Equity Members mandated to participate in accordance with Regulation SCI are obligated, at a minimum, to demonstrate the following:

• Send at least two orders in any of the equity symbols listed below
• Receive at least one execution in any of the equity symbols listed below

Equities

1. Symbol - NTGR
2. Symbol - ZVZZT
3. Symbol - NTEST

October 15, 2022 Test Day Timeline:

• 08:30 - Firms can connect to the Trading Systems and enter Orders and Quotes
• 09:15 - Live Quote Window will open
• 09:30 - Opening
• 13:00 – Closing

Test Completion:

• Once a firm has completed testing, please confirm with MIAX Trading Operations at TradingOperations@MIAXOptions.com

SEE FULL PAGE

Please be advised that MIAX Emerald Options Exchange Market Data for the Secondary (B Side) on Cloud 1, affecting symbol range "A" through "AZZ" is unavailable beginning at 10:22 AM. The Primary (A Side) is operating normally.

This affects the following Emerald secondary feeds:

• Top of Market (ToM) Feed
• Administrative Information Subscriber (AIS) Feed
• MIAX ORder (MOR) Feed
• MIAX Complex Top of Market (cToM) Feed

Members must use the Primary (A Side) Services for these data feeds for the remainder of the day.
  
All other MIAX services are operating normally.

If you have any questions, please contact Trading Operations at (609) 897-7302 or TradingOperations@MIAXOptions.com.

Regulatory inquiries should be directed to Regulatory@MIAXOptions.com.

SEE FULL PAGE

CF Acquisition Corporation VI (CFVI) will have a name and symbol change to Rumble Inc. (RUM) effective on Monday, September 19, 2022. 

All GTC orders resting on the MIAX order books in CFVI will be canceled at the close of business on Friday, September 16, 2022. 

NOTE: RUM options will trade on Cloud 15 on the MIAX Options Exchange, and on Cloud 7 on the MIAX Pearl Options Exchange and the MIAX Emerald Options Exchange.

Additional details about the CF Acquisition Corporation VI (CFVI) name and symbol change are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.
 
CFVI Symbol Name Change 51038

SEE FULL PAGE

Tyme Technologies, Inc. (TYME) and Syros Pharmaceuticals, Inc. (SYRS) will be de-listed from the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange effective on Monday, September 19, 2022.

All GTC orders resting on the MIAX order books in TYME and SYRS will be canceled at the close of business on Friday, September 16, 2022.

Please contact MIAX Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

SEE FULL PAGE

Nabriva Therapeutics plc (NBRV) will be de-listed from the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange effective on Friday, September 16, 2022.

All GTC orders resting on the MIAX order books in NBRV will be canceled at the close of business on Thursday, September 15, 2022.

Please contact MIAX Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

SEE FULL PAGE