Futures

Expiration of March Spring Wheat option positions is scheduled for Friday, February 20, 2026. All Clearing Members should use the MIAX Futures Clearing System (MCS) to update and verify March 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 February 20, 2026.

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, February 23, 2026.

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.