Miami International Holdings

NinjaTrader Offers MIAX SPIKES® Futures, Providing Opportunity to Take Positions and Manage Risk on Volatility

Retrieved on:

Thursday, June 22, 2023

S&P, SPIKES, Miami International Holdings, ETF, SPY, Ticker, Risk, Financial services

CHICAGO, June 22, 2023 /PRNewswire/ -- NinjaTrader Group, LLC, a global leader in futures brokerage and advanced technology for active traders through its NinjaTrader subsidiary, today announced that its retail-focused futures brokerage firm is the first to offer access to MIAX's SPIKES® Futures, which are traded and cleared on Minneapolis Grain Exchange (MGEX™), a subsidiary of Miami International Holdings, Inc. NinjaTrader is the first brokerage to offer the volatility products commission-free.

Key Points:

NinjaTrader Group CEO Martin Franchi said: "We're excited to make futures on the SPIKES volatility index available to our retail futures trading community.
The SPIKES index is a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY).
SPIKES Futures are based on the SPIKES Volatility Index (Ticker: SPIKE), which trades in penny increments and updates every 100 milliseconds for pinpoint accuracy.
In addition to its unique offering of commission-free brokerage on the products, NinjaTrader is offering SPIKES Futures without any market data fees.

Digital Asset Platform EDX Markets Begins Trading and Completes New Funding Round

Retrieved on:

Tuesday, June 20, 2023

“EDX’s ability to attract new investors and partners in the face of sector headwinds demonstrates the strength of our platform and the demand for a safe and compliant cryptocurrency market,” said Jamil Nazarali, CEO of EDX. “We are committed to bringing the best of traditional finance to cryptocurrency markets, with an infrastructure built by market experts to embed key institutional best practices. With the endorsement of our new and growing list of investors and customers, we’re proud to launch trading and look forward to further enhancements to our offering. Looking ahead, EDX Clearing will be a major differentiator for EDX -- and resolve an unmet need in the market – by enhancing competition and creating unparalleled operational efficiency through a single settlement process.”

Key Points:

EDX Markets (EDX), the first-of-its-kind digital asset marketplace designed to enable safe and compliant trading of digital assets through trusted intermediaries, today announced the successful launch of its digital asset market and the completion of an investment round with new equity partners.
EDX also introduced a retail-only quote to the crypto markets, allowing participants the benefit of better pricing for retail-originated orders.
Later this year, EDX will launch EDX Clearing to settle trades matched on EDX Markets.
The new funding will support EDX as it continues to develop its trading platform and solidifies its market leadership position.

In Record Time--Vermiculus' Microservice-Based Clearing Solution Live on Minneapolis Grain Exchange

Retrieved on:

Wednesday, June 7, 2023

OTC, Communication, Minneapolis Grain Exchange, Risk management, Miami International Holdings, API, AI, CERC, MIH, Central Securities Depository of Iran, Risk, MGEX, Medical device, Retail, Management

STOCKHOLM, June 7, 2023 /PRNewswire/ -- Vermiculus today announced the deployment of its new real-time clearing platform based on Vermiculus' clearing product VeriClear™ on Minneapolis Grain Exchange (MGEX), a wholly owned subsidiary of Miami International Holdings, Inc. (MIH).

Key Points:

STOCKHOLM, June 7, 2023 /PRNewswire/ -- Vermiculus today announced the deployment of its new real-time clearing platform based on Vermiculus' clearing product VeriClear™ on Minneapolis Grain Exchange (MGEX), a wholly owned subsidiary of Miami International Holdings, Inc. (MIH).
MGEX successfully launched the VeriClear™ clearing platform on June 2, 2023, representing a record time to market for Vermiculus in deploying the elastically scalable and AI-powered real-time clearing system developed by Vermiculus.
Notably, this project stands out as the Vermiculus' microservice-based clearing solution, required only half the development time compared to alternative solutions, while delivering double the quality.
VeriClear™, Vermiculus' multi-asset, microservice-based clearing solution, empowers clearing houses to monitor and manage positions and risk in real-time across various markets, including OTC and exchange-traded platforms.

In Record Time--Vermiculus' Microservice-Based Clearing Solution Live on Minneapolis Grain Exchange

Retrieved on:

Wednesday, June 7, 2023

STOCKHOLM, June 7, 2023 /PRNewswire/ -- Vermiculus today announced the deployment of its new real-time clearing platform based on Vermiculus' clearing product VeriClear™ on Minneapolis Grain Exchange (MGEX), a wholly owned subsidiary of Miami International Holdings, Inc. (MIH).

Key Points:

STOCKHOLM, June 7, 2023 /PRNewswire/ -- Vermiculus today announced the deployment of its new real-time clearing platform based on Vermiculus' clearing product VeriClear™ on Minneapolis Grain Exchange (MGEX), a wholly owned subsidiary of Miami International Holdings, Inc. (MIH).
MGEX successfully launched the VeriClear™ clearing platform on June 2, 2023, representing a record time to market for Vermiculus in deploying the elastically scalable and AI-powered real-time clearing system developed by Vermiculus.
Notably, this project stands out as the Vermiculus' microservice-based clearing solution, required only half the development time compared to alternative solutions, while delivering double the quality.
VeriClear™, Vermiculus' multi-asset, microservice-based clearing solution, empowers clearing houses to monitor and manage positions and risk in real-time across various markets, including OTC and exchange-traded platforms.