Final UAT This Saturday: MX2 Options Goes Live Monday, Sept 14

This Saturday, September 12, we will hold our third and final User Acceptance Test (UAT) before MX2 Options begins live trading on Monday, September 14.

As with our first two UATs, we will connect to the OCC and OPRA from our production infrastructure at Equinix NY4 in Secaucus, NJ, with participating firms using their production-assigned ports and settings. This UAT allows MX2, our members and other venues the opportunity to run through various types of functionality, including customer priority and pro-rata allocations as well as Lead Market Maker and Preferred Market Maker executions.

Then, on Monday, September 14, MX2 goes live with production trading in 10 symbols, all of which will launch with Lead Market Maker participation:

As a reminder, MX2 Options will operate as a customer priority, pro-rata market for all classes, with Lead Market Maker and Preferred Market Maker participation entitlements as described in our Rulebook. Please refer to the symbol directory daily for the most current list of active symbols, as our rollout continues to scale toward full symbol coverage by the end of the month.

None of this happens in isolation. Building a new exchange is a shared effort, and we've felt that at every step — from the firms who dedicated time and resources to three rounds of testing, to the industry participants who joined us to confirm connectivity, to the market makers who helped inform our Lead Market Maker program. Thank you for your continued feedback for your continued feedback, patience, and support as we bring MX2 Options to market.

Our Market Operations and Member Experience teams remain available for any questions as we head into launch day. We look forward to seeing you all trading on MX2 Options starting Monday!

Geralyn Endo, Head of Options Business Development