Federal Register #SR-MIAX-2026-30

Proposed Fee Schedule Amendments by Miami International Securities Exchange

This notice concerns a proposed rule change by the Miami International Securities Exchange (MIAX) affecting its Options Exchange Fee Schedule: - Government Buyer: - Securities and Exchange Commission (SEC), Division of Trading and Markets - OEM/Vendor Mentioned: - Miami International Securities Exchange, LLC (MIAX) - Key Changes: - Increase in Market Maker maker fees for simple order executions in tiers 4 and 5 for both Penny and non-Penny Classes - Modification of the Priority Customer Rebate Program (PCRP) table to add a new tier 5 with enhanced rebates and volume thresholds - Impact: - Adjusts transaction fees for Market Makers based on volume tier and customer priority status - Aims to attract order flow and increase market liquidity - No procurement of products or hardware; this is a regulatory update affecting exchange participants - No other OEMs or vendors are referenced

Description

The Miami International Securities Exchange, LLC filed a proposed rule change with the Securities and Exchange Commission to amend its fee schedule. The amendments include increasing maker fees for executions of simple orders in tiers 4 and 5 for both Penny and non-Penny Classes. Additionally, the Priority Customer Rebate Program table is modified to establish new tier 5 rebates and volume thresholds. The filing is effective immediately and aims to adjust transaction fees for Market Makers based on volume tiers and customer priority status.

View original listing