Federal Register #SR-MIAX-2026-32

Proposed Rule Change: Amend Fee Schedule for Priority Customer Rebate Program at MIAX

This notice concerns a proposed rule change by Miami International Securities Exchange, LLC (MIAX) to amend its fee schedule for the Priority Customer Rebate Program (PCRP). - Government buyer: - Securities and Exchange Commission (SEC) - Miami International Securities Exchange, LLC (MIAX) as the regulated entity - OEMs and vendors: - Miami International Securities Exchange, LLC (MIAX) - Products/services requested: - No products or services are being procured; this is a regulatory notice - Notable requirements: - The rule change modifies volume thresholds for the PCRP, which credits exchange members based on the volume of electronically executed Priority Customer orders in multiply-listed option classes - Adjustments include changes to percentage thresholds and per-contract rebate amounts - The notice impacts the fee structure for exchange participants, not procurement

Description

This notice announces a proposed rule change filed by Miami International Securities Exchange, LLC to amend its fee schedule. The amendment modifies certain volume thresholds for the Priority Customer Rebate Program (PCRP). The PCRP credits members based on the volume of Priority Customer orders executed electronically on the exchange. The proposal adjusts the volume tiers that determine rebate levels for members.

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