{"id":5127,"date":"2025-07-01T20:30:18","date_gmt":"2025-07-01T20:30:18","guid":{"rendered":"https:\/\/www.csidata.com\/?p=5127"},"modified":"2025-07-02T01:11:19","modified_gmt":"2025-07-02T01:11:19","slug":"minneapolis-wheat-price-quotation-change","status":"publish","type":"post","link":"https:\/\/www.csidata.com\/?p=5127","title":{"rendered":"Minneapolis Wheat Price Quotation Change"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>MIAX (formerly MGEX) will begin handling futures and options order routing and data dissemination using their own proprietary platform starting on June 30<sup>th<\/sup>, 2025. This will result in a change in price quotation from cents to whole dollars. Futures and options prices in <strong>decimal formatted<\/strong> client daily files will be smaller by a factor of 100.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>CSI#<\/td><td>Name<\/td><td>Old Price Example<\/td><td>New Price Example<\/td><\/tr><tr><td>68<\/td><td>Spring Wheat (RTH)<\/td><td>645.75<\/td><td>6.4575<\/td><\/tr><tr><td>100079<\/td><td>Spring Wheat (ETH)<\/td><td>645.75<\/td><td>6.4575<\/td><\/tr><tr><td>100080<\/td><td>Spring Wheat (CTH)<\/td><td>645.75<\/td><td>6.4575<\/td><\/tr><tr><td>68<\/td><td>Spring Wheat Options<\/td><td>13.75<\/td><td>0.1375<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Customers who receive prices in <strong>whole number (non-decimal) format<\/strong> are advised that the conversion factor is changing from -1 to +5. The terminal digit will no longer represent a fraction out of 8.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>CSI#<\/td><td>Name<\/td><td>Old Price Example<\/td><td>New Price Example<\/td><\/tr><tr><td>68<\/td><td>Spring Wheat (RTH)<\/td><td>6456<\/td><td><em>645750<\/em><\/td><\/tr><tr><td>100079<\/td><td>Spring Wheat (ETH)<\/td><td>6456<\/td><td><em>645750<\/em><\/td><\/tr><tr><td>100080<\/td><td>Spring Wheat (CTH)<\/td><td>6456<\/td><td><em>645750<\/em><\/td><\/tr><tr><td>68<\/td><td>Spring Wheat Options<\/td><td>136<\/td><td><em>13750<\/em><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Customers who receive options strike prices in <strong>decimal<\/strong> 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.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>CSI#<\/td><td>Name<\/td><td>Old Strike Example<\/td><td>New Strike Example<\/td><\/tr><tr><td>68<\/td><td>Spring Wheat Options<\/td><td>650<\/td><td>6.5<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>For questions, please contact <a href=\"mailto:database@csdiata.com\">database@csdiata.com<\/a>.<\/p>\n\n\n\n<p>Additional information related to the migration of MIAX futures and options can be found here: <a href=\"https:\/\/www.miaxglobal.com\/miax_futures_onyx_faq.pdf\">https:\/\/www.miaxglobal.com\/miax_futures_onyx_faq.pdf<\/a><\/p>\n\n\n\n<p>Sincerely,<\/p>\n\n\n\n<p>CSI Database<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/www.csidata.com\/index.php?rest_route=\/wp\/v2\/posts\/5127"}],"collection":[{"href":"https:\/\/www.csidata.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.csidata.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.csidata.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.csidata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5127"}],"version-history":[{"count":2,"href":"https:\/\/www.csidata.com\/index.php?rest_route=\/wp\/v2\/posts\/5127\/revisions"}],"predecessor-version":[{"id":5129,"href":"https:\/\/www.csidata.com\/index.php?rest_route=\/wp\/v2\/posts\/5127\/revisions\/5129"}],"wp:attachment":[{"href":"https:\/\/www.csidata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.csidata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.csidata.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}