Minneapolis Grain Exchange

Bermuda Stock Exchange Begins Publishing MIAX Pearl Equities Market Data to the Pyth Network

Tuesday, September 21, 2021 - 1:00pm

MIAX Pearl Equities market data is among the first U.S. equities exchange market data provided to the Pyth Network and was first published to the Pyth Network on September 13, 2021.

Key Points: 
  • MIAX Pearl Equities market data is among the first U.S. equities exchange market data provided to the Pyth Network and was first published to the Pyth Network on September 13, 2021.
  • "BSX is delighted to begin publishing MIAX Pearl Equities market data to the Pyth Network and anticipates we will quickly expand the breadth of data we are publishing to the network," said Thomas P. Gallagher, Chairman of BSX and Chairman & CEO of MIAX.
  • The addition of MIAX Pearl Equities market data represents a critical inflection point for the Pyth Network as the availability of high fidelity market data from U.S. equities exchanges is unprecedented in DeFi."
  • MIAX's parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX), MIAX PEARL, LLC (MIAX Pearl), MIAX Emerald, LLC (MIAX Emerald), the Minneapolis Grain Exchange, LLC (MGEX), and the Bermuda Stock Exchange (BSX).

MIAX to Launch Suite of BRIXX™ Commercial Real Estate Futures on MGEX

Wednesday, September 15, 2021 - 4:30pm

BRIXX futures and options will provide investors with targeted exposure to the $16 trillion commercial real estate market, including the Residential, Retail, Office and Hospitality commercial real estate sectors.

Key Points: 
  • BRIXX futures and options will provide investors with targeted exposure to the $16 trillion commercial real estate market, including the Residential, Retail, Office and Hospitality commercial real estate sectors.
  • BRIXX CRE Indexes measure real-time real estate returns and are priced using real-time public market data aggregating over $750 billion in property values.
  • "We are pleased to launch the new BRIXX CRE futures, which are based on Advanced Fundamentals' suite of index products that measure real estate prices without the pricing lag associated with traditional CRE indexes," said Thomas P. Gallagher, Chairman of MGEX and Chairman & CEO of MIAX.
  • "These products provide professional real estate investors with an innovative tool that affords real time access and synthetic exposure to the physical real estate market."

MIAX to Launch Suite of BRIXX™ Commercial Real Estate Futures on MGEX

Wednesday, September 15, 2021 - 4:30pm

PRINCETON, N.J. and MINNEAPOLIS, Sept. 15, 2021 /PRNewswire/ -- MIAX, creator and operator of high-performance securities exchanges, products and services, will launch cash-settled futures contracts on BRIXX™ Commercial Real Estate (CRE) Indexes developed by Advanced Fundamentals.  The first contract to be listed will be the BRIXX Retail Index futures contract which is expected to begin trading on October 4, 2021.  Three additional BRIXX CRE Index futures are expected to be listed in the fourth quarter of 2021.  Cash-settled options on the BRIXX CRE Indexes will launch on MIAX, also targeted for fourth quarter of 2021. The launch of the futures and options contracts remain subject to regulatory approval.

Key Points: 
  • New Futures Contracts Provide Exposure to Four Commercial Real Estate Sectors; First Futures to Launch on October 4, 2021
    PRINCETON, N.J. and MINNEAPOLIS, Sept. 15, 2021 /PRNewswire/ --MIAX, creator and operator of high-performance securities exchanges, products and services, will launch cash-settled futures contracts on BRIXX Commercial Real Estate (CRE) Indexes developed by Advanced Fundamentals.
  • BRIXX futures and options will provide investors with targeted exposure to the $16 trillion commercial real estate market, including the Residential, Retail, Office and Hospitality commercial real estate sectors.
  • BRIXX CRE Indexes measure real-time real estate returns and are priced using real-time public market data aggregating over $750 billion in property values.
  • "These products provide professional real estate investors with an innovative tool that affords real time access and synthetic exposure to the physical real estate market."

MIAX and SIG Index Licensing to Launch Corporate Tax Rate Futures on MGEX

Thursday, April 22, 2021 - 1:30pm

You should carefully consider the risks of trading commodity futures contracts generally and the unique risks of trading U.S. Corporate Tax Rate Index futures contracts (TAX Futures Contracts) in particular before entering into any trade.

Key Points: 
  • You should carefully consider the risks of trading commodity futures contracts generally and the unique risks of trading U.S. Corporate Tax Rate Index futures contracts (TAX Futures Contracts) in particular before entering into any trade.
  • Because there are no comparable products like TAX Futures Contracts which reference and settle to a federal tax rate, there are unknown tax implications and tax treatments associated with trading these contracts.
  • Likewise, the tax treatment related to TAX Futures Contracts for realizing, recognizing or offsetting gains or losses, whether capital or ordinary, is not known.
  • THEREFORE, IT IS HIGHLY RECOMMENDED THAT EACH MARKET PARTICIPANT CONSULT THEIR PROFESSIONAL TAX ACCOUNTANT OR ATTORNEY BEFORE TRADING TAX FUTURES CONTRACTS.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/miax-and-sig-index-licensing-to-...\n'

Miami International Holdings Enhances Futures Team with Expanded Roles for Mark Bagan and Joe Ferraro and the Addition of Tom Jarck and Matt McFarland to Support Growth in MGEX and MIAX Futures

Thursday, April 15, 2021 - 1:30pm

Bagan will also continue in his current role as President and Chief Executive Officer of the Minneapolis Grain Exchange (MGEX), an MIH exchange subsidiary.\nJoseph W. Ferraro III has been named President of MIAX Futures, LLC (MIAX Futures), an MIH subsidiary.

Key Points: 
  • Bagan will also continue in his current role as President and Chief Executive Officer of the Minneapolis Grain Exchange (MGEX), an MIH exchange subsidiary.\nJoseph W. Ferraro III has been named President of MIAX Futures, LLC (MIAX Futures), an MIH subsidiary.
  • "We are focused on assembling the right leadership team to provide organizational direction and oversight of this exciting growth opportunity.
  • Prior to his hiring, Jarck most recently served as a volatility products consultant to MIAX.
  • "\nFor further information regarding MIAX, please visit www.MIAXOptions.com or contact MIAX Trading Operations at TradingOperations@MIAXOptions.com .\n'

Miami International Holdings Enhances Futures Team with Expanded Roles for Mark Bagan and Joe Ferraro and the Addition of Tom Jarck and Matt McFarland to Support Growth in MGEX and MIAX Futures

Thursday, April 15, 2021 - 1:30pm

Bagan will also continue in his current role as President and Chief Executive Officer of the Minneapolis Grain Exchange (MGEX), an MIH exchange subsidiary.\nJoseph W. Ferraro III has been named President of MIAX Futures, LLC (MIAX Futures), an MIH subsidiary.

Key Points: 
  • Bagan will also continue in his current role as President and Chief Executive Officer of the Minneapolis Grain Exchange (MGEX), an MIH exchange subsidiary.\nJoseph W. Ferraro III has been named President of MIAX Futures, LLC (MIAX Futures), an MIH subsidiary.
  • "We are focused on assembling the right leadership team to provide organizational direction and oversight of this exciting growth opportunity.
  • Prior to his hiring, Jarck most recently served as a volatility products consultant to MIAX.
  • "\nFor further information regarding MIAX, please visit www.MIAXOptions.com or contact MIAX Trading Operations at TradingOperations@MIAXOptions.com .\n'

Futures Now Trading on the SPIKES Volatility Index

Tuesday, December 15, 2020 - 3:30pm

MIAX serves as the exclusive exchange venue for cash-settled options on the SPIKES Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR S&P 500 ETF (SPY).

Key Points: 
  • MIAX serves as the exclusive exchange venue for cash-settled options on the SPIKES Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR S&P 500 ETF (SPY).
  • MGEX was established in 1881 and is the only market for Hard Red Spring Wheat (HRSW), National Corn Index (NCI), National Soybean Index (NSI), Hard Red Winter Wheat Index (HRWI), Hard Red Spring Wheat Index (HRSI), and Soft Red Winter Wheat Index (SRWI) futures and options, as well as for HRSW calendar spread options (CSOs).
  • SPIKEShas been developed by T3 Index, a research-driven financial indexing firm, specializing in volatility and option benchmarking.
  • All third-party trademarks (including logos and icons) referenced by the Company or T3 Index remain the property of their respective owners.

Futures Now Trading on the SPIKES Volatility Index

Tuesday, December 15, 2020 - 3:30pm

MIAX serves as the exclusive exchange venue for cash-settled options on the SPIKES Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR S&P 500 ETF (SPY).

Key Points: 
  • MIAX serves as the exclusive exchange venue for cash-settled options on the SPIKES Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR S&P 500 ETF (SPY).
  • MGEX was established in 1881 and is the only market for Hard Red Spring Wheat (HRSW), National Corn Index (NCI), National Soybean Index (NSI), Hard Red Winter Wheat Index (HRWI), Hard Red Spring Wheat Index (HRSI), and Soft Red Winter Wheat Index (SRWI) futures and options, as well as for HRSW calendar spread options (CSOs).
  • SPIKEShas been developed by T3 Index, a research-driven financial indexing firm, specializing in volatility and option benchmarking.
  • All third-party trademarks (including logos and icons) referenced by the Company or T3 Index remain the property of their respective owners.

MIAX and MGEX Announce SPIKES Futures December 14 Relaunch

Thursday, December 10, 2020 - 1:30pm

MIAX's parent holding company, Miami International Holdings (MIH), operates and manages Miami International Securities Exchange, LLC (MIAX), MIAX Pearl, LLC (MIAX Pearl) and MIAX Emerald, LLC (MIAX Emerald and together with MIAX and MIAX Pearl, the MIAX Exchange Group), three national securities exchanges, and the Minneapolis Grain Exchange, LLC (MGEX), a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO).

Key Points: 
  • MIAX's parent holding company, Miami International Holdings (MIH), operates and manages Miami International Securities Exchange, LLC (MIAX), MIAX Pearl, LLC (MIAX Pearl) and MIAX Emerald, LLC (MIAX Emerald and together with MIAX and MIAX Pearl, the MIAX Exchange Group), three national securities exchanges, and the Minneapolis Grain Exchange, LLC (MGEX), a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO).
  • MIAX, MIAX Pearl and MIAX Emerald options exchanges leverage MIAX's industry-leading technology and infrastructure to provide their member firms with traditional pricing and pro rata allocation (MIAX), maker-taker pricing and price-time allocation (MIAX Pearl) market structures, and a hybrid market structure with maker-taker pricing and pro rata allocation (MIAX Emerald).
  • MIAX serves as the exclusive exchange venue for cash-settled options on the SPIKES Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR S&P 500 ETF (SPY).
  • Under MIAX Pearl's exchange license, MIAX Pearl Equities provides its members with best-in-class performance through a combination of high determinism, low latency and high throughput.

MIAX and MGEX Announce SPIKES Futures December 14 Relaunch

Thursday, December 10, 2020 - 1:30pm

MIAX's parent holding company, Miami International Holdings (MIH), operates and manages Miami International Securities Exchange, LLC (MIAX), MIAX Pearl, LLC (MIAX Pearl) and MIAX Emerald, LLC (MIAX Emerald and together with MIAX and MIAX Pearl, the MIAX Exchange Group), three national securities exchanges, and the Minneapolis Grain Exchange, LLC (MGEX), a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO).

Key Points: 
  • MIAX's parent holding company, Miami International Holdings (MIH), operates and manages Miami International Securities Exchange, LLC (MIAX), MIAX Pearl, LLC (MIAX Pearl) and MIAX Emerald, LLC (MIAX Emerald and together with MIAX and MIAX Pearl, the MIAX Exchange Group), three national securities exchanges, and the Minneapolis Grain Exchange, LLC (MGEX), a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO).
  • MIAX, MIAX Pearl and MIAX Emerald options exchanges leverage MIAX's industry-leading technology and infrastructure to provide their member firms with traditional pricing and pro rata allocation (MIAX), maker-taker pricing and price-time allocation (MIAX Pearl) market structures, and a hybrid market structure with maker-taker pricing and pro rata allocation (MIAX Emerald).
  • MIAX serves as the exclusive exchange venue for cash-settled options on the SPIKES Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR S&P 500 ETF (SPY).
  • Under MIAX Pearl's exchange license, MIAX Pearl Equities provides its members with best-in-class performance through a combination of high determinism, low latency and high throughput.