Trade Hours & Calendar

MIAX PEARL Equities

Hours of Operation

TIME (US EST ZONE)	DESCRIPTION
6:00 AM	Start of System Hours Dissemination of messages over the Top of Market Feed (TOM) and Depth of Market Feed (DOM)
7:00 AM	MIAX Express Order Interface Startup Firms can connect to the MIAX Express Order Interface (MEO) and download security symbols. FIX Order Interface Startup Firms can connect to the FIX Order Interface (FOI).
7:30 AM	Live Order Window (LOW) opens. Firms can send MEO and FIX orders. All accepted orders will be queued for the Opening Process.
9:30 AM	Start of Regular Trading Session
4:00 PM	End of Regular Trading Session (ends at 1:00pm on early closing days) MIAX PEARL Equities will cancel all open orders. New orders will not be accepted after this time.
4:25 PM - 5:00 PM	Final trade corrections and clearing adjustments

Calendar

HOLIDAY	2020	2021
New Years Day	Wednesday, January 1^st	Friday, January 1^st
Martin Luther King Jr. Day	Monday, January 20^th	Monday, January 18^th
Washington's Birthday	Monday, February 17^th	Monday, February 15^th
Good Friday	Friday, April 10^th	Friday, April 2^nd
Memorial Day	Monday, May 25^th	Monday, May 31^st
Independence Day	Friday, July 3^rd (July 4 holiday observed)	Monday, July 5^th (July 4 holiday observed)
Labor Day	Monday, September 7^th	Monday, September 6^th
Thanksgiving Day	Thursday, November 26^th Friday, November 27^th*	Thursday, November 25^th Friday, November 26^th*
Christmas	Friday, December 25^th Thursday, December 24^th**	Friday, December 24^th (Christmas holiday observed)

2020: Each market will close 3 hours early at 1:00 p.m. on * Friday, November 27, 2020 and ** Thursday, December 24, 2020. All times are Eastern Time.

2021: Each market will close 3 hours early at 1:00 p.m. on * Friday, November 26, 2021. All times are Eastern Time.

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