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MIAX Futures Alerts

MIAX Futures Exchange offers access to futures products as a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO).

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MIAX Futures

May 08, 2025 | 09:13 AM

MIAX Futures Exchange - Onyx Trading Platform - New Onyx Trading Platform Access & Preferred Rate Program

As previously announced in the April 4, 2025 Alert, MIAX Futures is preparing for the migration of Minneapolis Hard Red Spring Wheat Futures from CME Globex to the MIAX Futures Onyx Trading Platform.

New Resources

  1. Onyx Trading Platform Access & Preferred Rate Program
    1. Onyx Direct Access Participants
      1. All Market Participants with a direct connection to the Onyx Trading Platform must submit an application and be approved by the Exchange.  Onyx Direct Access Participants are automatically enrolled in the Preferred Rate Program to receive preferential rates on their proprietary trading.
    2. Preferred Rate Program
      1. Market Participants connecting to the Onyx Trading Platform via an Exchange-approved ISV may elect to apply for the Preferred Rate Program to receive preferential rates on their proprietary trades. The legacy MGEX Trading Permit Program is being rebranded to the Preferred Rate Program. Rates will be effective upon Onyx launch. Legacy MGEX Trading Permit Program participants must submit the required application documentation for the Preferred Rate Program.
Resources and Important Dates
  1. The MIAX Futures Exchange Market Identifier Code (MIC) for Minneapolis HRSW is XMGE
  2. Connectivity to the Firm Test Bed is currently available
  3. Firm Certifications are currently available by contacting MIAXFuturesTradingOperations@miaxglobal.com
  4. Firms can now request Production and DR Cross Connects
  5. MIAX Futures Onyx Trading Connectivity Guide
  6. Updated MIAX Futures Onyx Interface Specifications
  7. Onyx Order Type Combinations Guide
  8. MIAX Futures Onyx FAQs
  9. MIAX Futures Onyx Fees
  10. Liquidity Indicator Codes 
  11. Onyx Approved Vendors
  12. Front-End Audit Trail Requirements Advisory
  13. MIAX Market Data Portal
  14. Industry Testing is scheduled as follows:
    1. Saturday, May 17, 2025
    2. Saturday, June 14, 2025
    3. Saturday, June 28, 2025
  15. Migration from CME Globex is scheduled for Sunday, June 29, 2025 (Trade Date: June 30, 2025)
Please visit the MIAX Futures Onyx Platform Information Hub for the most recent information on the new platform.

Additional updates will be provided through future Alerts.

For additional information on MIAX Futures, please contact MIAX Futures Trading Operations at MIAXFuturesTradingOperations@miaxglobal.com.

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