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MIAX Options: Support For Related Futures Cross (RFC) Orders On The Exchange

MIAX Options will implement two changes to support the trading of Related Futures Cross (“RFC”) Orders.

  • The Exchange will allow RFC orders to continue to trade during wide market conditions
  • The Exchange will allow RFC orders to participate in the Risk Protection Monitor and to be counted as two orders for the purpose of calculating the Allowable Order Rate

RFC orders will be available for trading beginning January 11, 2021.

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