• Thu. Dec 1st, 2022

MIAX Announces Launch Dates for Suite of New BRIXX Commercial Real Estate Futures on MGEX | New


Proprietary index products to be exclusively listed and traded on MIAX group futures and options markets

PRINCETON, New Jersey and MINNEAPOLIS, October 4, 2021 / PRNewswire / – MIAX®, creator and operator of high-performance exchanges, products and services, today announced the expected launch dates for cash-settled futures contracts on the BRIXX â„¢ Commercial Real Estate (CRE) indices developed by Advanced Fundamentals. BRIXX CRE indices track real-time changes in real estate values ​​through a unique methodology using REITs as inputs to support benchmarking, hedging and portfolio allocation strategies for investors across multiple sectors.

The BRIXX CRE indices are the first family of real estate indices to integrate commodity pricing to overcome the limits of valuation delay, self-reporting and leverage disparities to establish an accurate view of the real estate market. The performance of the BRIXX CRE indices is calculated on a non-leveraged basis using real-time prices from over 750 billion dollars quality institutional real estate.

The planned launch dates for BRIXX futures contracts are as follows:

Contract name

Expected launch date

Trade symbol

Settlement symbol

BRIXX Retail Futures

October 18, 2021



BRIXX Futures office

November 8, 2021



BRIXX Hospitality Futures

22 November 2021



BRIXX Residential Futures

22 November 2021



The cash-settled futures contracts will be listed on the Minneapolis Grain Exchange, LLC (MGEX â„¢) via the CME Globex® platform and will be cleared by MGEX, a wholly owned subsidiary of MIAX’s parent company, Miami International Holdings. The launch of BRIXX Futures contracts remains subject to regulatory approval.

Corporate communications contacts:

Andy Nybo, Senior Vice President, Head of Communications

MIAX’s parent company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), the Minneapolis Grain Exchange, LLC (MGEX) and the Bermuda Stock Exchange (BSX).

MIAX, MIAX Pearl, and MIAX Emerald are national exchanges registered with the Securities and Exchange Commission (SEC) that take advantage of MIAX’s state-of-the-art technology and infrastructure to provide their member companies with listed options trading in United States. MIAX serves as the exclusive trading venue for cash-settled options on SPIKES® Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY). In addition to options, MIAX Pearl facilitates spot equity trading through MIAX Pearl Equities â„¢.

MGEX is a stock exchange registered with the Commodity Futures Trading Commission (CFTC) and is a securities futures exchange registered with the SEC. MGEX serves as the exclusive marketplace for a variety of commodities, including hard red spring wheat and SPIKES futures. In addition, MGEX is a designated contracts marketplace (DCM) and derivatives clearing organization (DCO) reporting to the CFTC, providing DCM, DCO and spot market services across a range of asset classes.

The BSX is a leading international electronic securities market regulated by the Bermuda Monetary Authority (BMA) specializing in the listing and trading of capital market instruments such as stocks, debt issues, funds, hedge funds, derivative warrants and insurance-related securities. A full member of the World Federation of Stock Exchanges and an affiliate member of the International Organization of Securities Commissions, BSX is recognized worldwide, notably by the SEC.

MIAX’s executive offices and national operations center are located at Princeton, New Jersey, with additional offices located in Miami, Florida, Minneapolis, Minnesota, and Hamilton, Bermuda.

Disclaimer and Caution Regarding Forward-Looking Statements

The press release does not constitute an offer to sell or the solicitation of an offer to buy any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and does not constitute an offer, solicitation or sale in any state whatever. or the jurisdiction in which such an offer; the solicitation or sale would be illegal. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and are usually preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “anticipate”, “draft”, “possibly” or “planned”. You are cautioned that these statements are subject to a multitude of risks and uncertainties which could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ. substantially from those projected. in forward-looking statements.

All third party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company’s use of third-party trademarks does not indicate any relationship, sponsorship or endorsement between the owners of such trademarks and the Company. Any reference by the Company to third party trademarks serves to identify the corresponding third party goods and / or services and should be considered fair use in name under trademark law.


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