Trading Alert, Clearing Alert
MIAX Futures
October 20, 2026 | 02:23 PM
MIAX Futures Exchange - Onyx Trading Platform and Clearing System - Reminder: FIA Disaster Recovery Testing on Saturday, October 24, 2026
As previously announced in the September 10, 2026, September 22, 2026 and October 07, 2026 Alerts, MIAX Futures Exchange will participate in the industry-wide Futures Industry Association (“FIA”) sponsored Disaster Recovery (“DR”) test on Saturday, October 24, 2026. U.S. futures exchanges, clearing houses, futures commission merchants, back-office providers, and data vendors will test connectivity and functionality between DR sites.
Although your firm may work with a technology vendor to complete required test components, each Clearing Member is responsible for certification of final test results.
- October 24, 2026: Test Script
- Clearing Members must complete the following four test components during the DR test:
- Trade Entry – MIAX Futures Onyx Trading Platform
- All Clearing Members must send at least two orders and receive at least one Commodities execution confirmation. Additionally, all Clearing Members with connections to Financial Futures Trading Platform (NY5), must send at least two orders and receive at least one Financial Futures execution confirmation.
- Products:
- Hard Red Spring Wheat Futures (MWE) i.e. MWEZ6
- Hard Red Spring Wheat Options (OMW) i.e. OMWZ6 C0750
- Bloomberg 100 Index (TBQ) i.e. TBQZ26
- Bloomberg 500 Index (TBX) i.e. TBXZ26
- Prices in MIAX Futures products should be entered at the previous day’s settlement price to ensure your orders match with other participants.
- October 24, 2026 Test Day Timeline:
- 7:30 a.m. CT – Firms can connect to the Trading Systems
- 7:45 a.m. CT – Live Order Window (LOW) First Pre-Opening
- 8:30 a.m. CT – Opening
- 12:00 p.m. CT – Closing
- MIAX Futures will provide updates as to exact pre-open and open times via the FIA conference bridge available.
- Once a firm has completed Onyx match engine testing, please confirm with MIAX Futures Trading Operations at MIAXFuturesTradingOperations@miaxglobal.com.
- Trade Entry – MIAX Futures Clearing System (MCS)
- In addition to entering trades on Onyx, Clearing Members must enter an ex-pit transaction (EFP/EFR/Block) via MCS. Clearing Members should simply enter both sides of the transaction to ensure a successful match occurs in MCS for this portion of the test.
- Hard Red Spring Wheat Futures (W) i.e. W 12 26 (commodity, month, year)
- Hard Red Spring Wheat Options (WC or WP) i.e. WC 12 26 750 (comm., mth, yr, strike)
- Clearing Members should use October 24 for the trade date.
- Post Trade Documentation – Retrieve MIAX Futures TREX Trade File
- Trades entered into Onyx and MCS during the exercise will be processed by the MIAX Futures Clearing House, and Clearing Members must download the corresponding TREX trade file. Clearing Members will utilize the MIAX Futures DR SFTP server to retrieve the TREX files. The trade file name will correspond with the new convention being used today, i.e. – TRXzz_yyyymmdd.txt (where zz equates to the Clearing Firm code & yyyymmdd equals trade date).
- Post Trade Documentation – Submit to MIAX Futures
- After completing the above steps, Clearing Members must submit the SFTP file available via the MIAX Futures DR SFTP site to MIAX Futures by emailing MIAXFuturesClearingOperations@miaxglobal.com. Upon submitting, MIAX Futures staff will inform the Clearing Member whether they have successfully completed the FIA DR test for MIAX Futures or if further action is required.
- Trade Entry – MIAX Futures Onyx Trading Platform
- Clearing Members must complete the following four test components during the DR test:
- MIAX Futures Testing Contacts
- For more information and/or test day inquiries, please contact the MIAX Futures Clearing House at MIAXFuturesClearingOperations@miaxglobal.com or (612) 321-7146.
- Staff will be monitoring the FIA Conference Bridge phone for any inquiries.
- For questions relating to MIAX Futures Onyx, please contact MIAXFuturesTradingOperations@miaxglobal.com.
- To learn more about MIAX Futures, please contact MIAXFutures@miaxglobal.com.
- To register or revise MIAX Futures Alert subscriptions, visit MIAX Email Subscriptions.