Search Results for keywords:"MIAX Emerald"

The Securities and Exchange Commission has announced that MIAX Emerald, LLC has made changes to its Fee Schedule. The proposed changes involve updating the Exchange's email domain to @miaxglobal.com and removing outdated references to mini-options, which are no longer offered due to lack of market acceptance. These changes were filed to provide greater clarity and do not impose any new fees. The SEC has waived the usual 30-day waiting period, allowing these updates to take effect immediately.

The Securities and Exchange Commission (SEC) announced that MIAX Emerald, LLC filed a proposed rule change on March 13, 2025. This proposal seeks to amend the Exchange's Fee Schedule by introducing new fee categories for its proprietary market data feeds, including the Top of Market feed and the Administrative Information Subscriber feed, among others. The proposal was made effective immediately, and the SEC is seeking public comments on whether it aligns with the requirements of the Securities Exchange Act of 1934. Interested parties can submit their comments electronically or by mail, ensuring they reference file number SR-EMERALD-2025-07.

MIAX Emerald, LLC has submitted a proposal to the Securities and Exchange Commission (SEC) to create a Minor Rule Violation Plan (MRVP). This plan would allow certain minor rule violations to be punished with fines up to $2,500 and would not require immediate reporting to the SEC, as long as summary reports are sent quarterly. This proposal excludes some conduct policies and aims to make handling minor infractions more efficient. The public is invited to comment on the proposal, and the SEC will decide on its approval by December 24, 2024.

MIAX Emerald, LLC has proposed changes to its By-Laws, which were filed with the Securities and Exchange Commission (SEC) on January 10, 2025. The changes include removing the need for a Compensation Committee and a Quality of Markets Committee on the Board and updating how the Regulatory Oversight Committee decides the compensation and personnel actions for the Chief Regulatory Officer. The proposal is designed for immediate effectiveness, and the SEC is inviting public comments on these changes. The full text of the proposed changes can be accessed on MIAX Emerald's and the Commission's websites.

MIAX Emerald, LLC proposed a new fee for market participants who want a dedicated connection to access its testing systems. This proposal was filed with the Securities and Exchange Commission (SEC) and is immediately effective but open to public comments until April 8, 2025. Details about the proposed fee and its purpose, including how it fits within the regulatory framework, can be found on MIAX Emerald's and the SEC's websites. The SEC invites public feedback through various submission methods and will post all comments online.

The Securities and Exchange Commission (SEC) announced that on December 20, 2024, the MIAX Emerald, LLC filed a proposal to modify its fee schedule by introducing new fee categories for its proprietary market data feeds. The proposed changes, which include fees for the Top of Market, Complex Top of Market, Administrative Information Subscriber, and MIAX Emerald Order Feed, are designed to take effect immediately. The SEC is soliciting public comments on this proposal, which can be submitted via email or through the Commission's website until January 31, 2025.

MIAX Emerald, LLC filed a proposed rule change with the Securities and Exchange Commission to remove outdated references to mini-options from its rulebook and update certain rule citations. The aim is to clarify the rules for the benefit of investors and to eliminate any potential confusion. The commission decided that the rule change could take effect immediately upon filing because it does not pose any novel regulatory issues. Public comments on the proposal are being solicited before February 20, 2025.

MIAX Emerald, LLC has proposed a new rule change to update its fee schedule. This change includes introducing new fees for accessing its system ports and increasing network connectivity fees for certain high-speed connections. The goal is to cover increased costs related to enhanced network transparency, reliability, and capacity, ensuring a high level of service for users who move substantial amounts of data through the exchange. The Securities and Exchange Commission is sharing this notice to invite public comments on the proposed changes.

On January 22, 2021, MIAX Emerald, an exchange, filed a proposal with the Securities and Exchange Commission (SEC) to implement new monthly Trading Permit fees for its members. This rule change proposes fees based on whether the member is a Market Maker or an Electronic Exchange Member, with different charges depending on the volume of activity and the number of option classes a member is involved in. MIAX Emerald believes the proposed fees will cover the costs of providing access to the exchange while maintaining fair competition and have structured them to reflect the exchange's expenses for providing these services. The SEC is seeking public comments on this proposal before finalizing it.

MIAX Emerald, a national securities exchange, has proposed a rule change to implement new fees, including a one-time membership application fee and testing and certification fees. The membership fee varies based on the applicant's role, with Electronic Exchange Members (EEMs) charged $2,500 and Market Makers $3,000, reflecting the greater complexity in evaluating Market Maker applications. Additionally, fees for Application Programming Interface (API) testing and Network Connectivity are being introduced to offset resources spent in the process. The fees are being structured to ensure they cover the costs incurred by the exchange, without imposing unfair discrimination among market participants.