Federal Register #SR-MIAX-2026-33

SEC Notice: MIAX Proposed Rule Change to Options Routing Fee Table

This SEC notice announces a proposed rule change by Miami International Securities Exchange, LLC (MIAX) regarding its Options Exchange Fee Schedule. - Government buyer: - Securities and Exchange Commission (SEC) - Miami International Securities Exchange, LLC (MIAX) - OEMs and vendors mentioned: - Miami International Securities Exchange, LLC - MX2 LLC (MX2 Options) - Investors Exchange LLC (IEX Options) - Nasdaq Texas LLC (formerly Nasdaq BX Options) - MIAX Pearl - MIAX Emerald - MIAX Sapphire - Cboe BZX Options - Other options exchanges - Products/services requested: - No physical products or services are being procured - The notice pertains to amendments in the routing fee table for options trading - Unique or notable requirements: - Addition of MX2 LLC and Investors Exchange LLC as routing destinations - Update of Nasdaq BX Options to Nasdaq Texas Options - Adjustments to exchange groupings and fee tiers for Penny and Non-Penny classes - Aim to increase routing options, improve clarity, and ensure fees closely approximate MIAX's all-in costs - No procurement of goods or services; this is a regulatory fee schedule amendment involving multiple options exchanges.

Description

The Securities and Exchange Commission has published a notice regarding a proposed rule change by the Miami International Securities Exchange, LLC. The change pertains to amendments in the fee schedule, specifically the routing fee table. The notice indicates that the proposed rule change has been filed and is effective immediately. The amendments include adding MX2 LLC and Investors Exchange LLC to the routing fee table, updating the name of Nasdaq BX Options to Nasdaq Texas Options, and adjusting exchange groupings and fees to better reflect associated costs. The changes aim to increase routing options for members and improve clarity and transparency in the fee schedule.

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