Futures

Expiration of December Spring Wheat option positions is scheduled for Friday, November 21, 2025. All Clearing Members should use the MIAX Futures Clearing System (MCS) to update and verify December Spring Wheat option positions by 4:30 PM CT.

Clearing Members must submit position information by one of the following:

1. Position Change Submission (PCS) file via SFTP
   • PCS Reporting Specification can be found under Technical Specifications at MIAX Futures Interface Specifications 
2. Manually submitting positions to the MIAX Futures Clearing House and verifying in MCS by utilizing the gross position reporting and marking complete.

Exception forms to exercise out-of-the money positions or not exercise in-the-money positions, should be submitted by 4:25 PM CT. Firms should expect to see assignments at approximately 5:10 PM CT on November 21, 2025.

All account information can be added once option trades have been created. All account information must be added and completed by 7:30 AM CT on Monday, November 24, 2025.

For additional information regarding the reporting process, please refer to the MIAX Futures Clearing System User Manual and instructional videos available at MIAX Futures Clearing Training Resources 

For more information, please contact MIAX Futures Clearing Operations at MIAXFuturesClearingOperations@miaxglobal.com or (612) 321-7146.

To learn more about MIAX Futures, please contact MIAXFutures@miaxglobal.com.

To register or revise MIAX Futures Alert subscriptions, visit MIAX Email Subscriptions.