Two Weeks to MX2

With just two weeks until the launch of MX2 on September 14, we conducted our second UAT, or User Acceptance Test, this past Saturday.  We connected to OCC and OPRA from production infrastructure and were happy to have fourteen of our member firms participate in making the test a success. We also were appreciative that some of our fellow options exchanges joined the test to send orders ensuring they were able to access the exchange. Finally, we were able to test several of the pro rata use cases such as preference orders and Lead Market Maker executions.

Our third and final UAT is scheduled for Saturday the 12 of September, two days before we begin live trading. Over the course of the next two weeks, we will gradually ramp up until all symbols are trading at the end of the month.

Once again, thank you to our members and the US listed options industry for your support as we work to ensure a smooth launch for MX2!

Geralyn Endo, Head of Options Business Development