Futures

As previously announced in the July 22, 2026 Alert, MIAX Futures Exchange will launch four new physically settled Fertilizer Futures products on the evening of Sunday, October 18, 2026 for the October 19, 2026 trade date, subject to the submission of certain filings with the CFTC and pending all relevant regulatory review periods.

The new products will go live on the MIAX Futures Onyx Commodities Trading Platform in the CH4 Data Center. Market participants should ensure clearing arrangements are in place with MIAX Futures Clearing Members, as the new futures products will clear through the MIAX Futures Clearing House. Additional details are included below.

1. New Products:
   1. Urea - Product Group Code ‘MGU'
   2. Mono-Ammonium Phosphate - Product Group Code ‘MAP’
   3. Di-Ammonium Phosphate - Product Group Code ‘DAP’
   4. Potassium Chloride - Product Group Code ‘MOP’
2. Important Details:
   1. New products are available in the Firm Test Bed.
   2. Market data dissemination for the new Fertilizer Futures Products will begin on the evening of Sunday, October 4, 2026 for the Monday, October 5, 2026 trade date.
      1. At this time, Instrument Definitions will be sent for all new Product Groups with:
         1. ‘Instrument Listing Status’ Field: Inactive
         2. ‘First Trade Date’ Field: October 19, 2026
      2. On the evening of Sunday, October 18, 2026 for the Monday, October 19, 2026 trade date, the above Product Groups will become active. At that time, Instrument Definitions will be sent for all new Product Groups with:
         1. ‘Instrument Listing Status’ Field: Active
         2. ‘First Trade Date’ Field: October 19, 2026 (Unchanged)

MIAX Futures Onyx Resources:

1. Please visit the MIAX Futures Onyx site for the most recent information
2. New Fertilizer Products Page
3. Onyx Interface Specifications
4. Onyx Functionality
5. Onyx Trading Connectivity
6. Onyx Market Data & Vendor Agreements
7. Onyx Approved Vendors
8. Onyx Audit Trail Requirements
9. Onyx Trading Platform Access & Preferred Rate Program
10. Onyx Listings
11. Onyx Product Settings
12. MIAX Futures Fees

For additional information, please contact MIAX Futures Trading Operations at MIAXFuturesTradingOperations@miaxglobal.com or (609) 897-7303.

To learn more about MIAX Futures, please contact Sales@miaxglobal.com or (609) 897-8177 or visit miaxglobal.com.

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