Market Data Unfair Advantage Posting Status Robert 2016

Minneapolis Wheat Price Quotation Change

MIAX (formerly MGEX) will begin handling futures and options order routing and data dissemination using their own proprietary platform starting on June 30th, 2025. This will result in a change in price quotation from cents to whole dollars. Futures and options prices in decimal formatted client daily files will be smaller by a factor of 100.

CSI#NameOld Price ExampleNew Price Example
68Spring Wheat (RTH)645.756.4575
100079Spring Wheat (ETH)645.756.4575
100080Spring Wheat (CTH)645.756.4575
68Spring Wheat Options13.750.1375

Customers who receive prices in whole number (non-decimal) format are advised that the conversion factor is changing from -1 to +5. The terminal digit will no longer represent a fraction out of 8.

CSI#NameOld Price ExampleNew Price Example
68Spring Wheat (RTH)6456645750
100079Spring Wheat (ETH)6456645750
100080Spring Wheat (CTH)6456645750
68Spring Wheat Options13613750

Customers who receive options strike prices in decimal format are advised that the strike price quotation format is also changing from cents to dollars. This will result in strike prices being delivered smaller by a factor of 100.

CSI#NameOld Strike ExampleNew Strike Example
68Spring Wheat Options6506.5

For questions, please contact database@csdiata.com.

Additional information related to the migration of MIAX futures and options can be found here: https://www.miaxglobal.com/miax_futures_onyx_faq.pdf

Sincerely,

CSI Database