Market Maker Requirements

MIAX Options

Description

total number of contracts traded by such Lead Market Maker in classes to which it is appointed and with respect to which it was quoting pursuant to Rule 604(e)(1). Registered Market Makers ï‚· The total number of contracts executed during a quarter by a Registered Market Maker in options classes to which it is not appointed may not exceed twenty-five percent (25%) of the total number of contracts traded by such Registered Market Maker in classes to which it is appointed and with respect to which it was quoting pursuant to Rule 604(e) in any calendar quarter. Please direct questions to the Regulatory Department at Regulatory@miaxoptions.com or 609897-7309. Page 3 of 3 .