Seamless Connectivity to MIAX Futures Onyx Trading Platform with ION Integration
Air Monitoring

Seamless Connectivity to MIAX Futures Onyx Trading Platform with ION Integration

Title: ION to Support MIAX Futures Connectivity for Minneapolis HRSW and B500 Index Futures Trading

In London on April 1, 2025, ION, a global leader in trading and workflow automation software, announced its support for connectivity to the new MIAX Futures matching engine, Onyx. This collaboration will provide seamless access to Minneapolis Hard Red Spring Wheat (Minneapolis HRSW) Futures and the upcoming Bloomberg 500 (B500) Index futures on the MIAX Futures exchange.

ION’s day-one connectivity will enable traders to access Minneapolis HRSW Futures on the new Onyx platform, which is built on proprietary MIAX technology. The migration of Minneapolis HRSW Futures from CME Globex to Onyx is scheduled for the second quarter of 2025. Additionally, ION will support trading of the new B500 Index futures, pending regulatory filings with the CFTC, set to launch in the second half of 2025.

Through this collaboration, banks and brokers using ION’s technology stack will have seamless execution and clearing services on the MIAX Futures exchange. MIAX Futures President, Troy Kane, highlighted the commitment to providing efficient access to markets, ensuring traders can seamlessly transition to the new platform for trading futures products.

Francesco Margini, Chief Product Officer for Cleared Derivatives at ION Markets, emphasized the importance of this collaboration in delivering mission-critical solutions to the cleared derivatives industry. Members of MIAX Futures will benefit from advanced trading capabilities on ION’s global EOMS platform, including the flagship algo suite.

ION provides mission-critical trading and workflow automation software, high-value analytics, and strategic consulting to financial institutions and corporate organizations. The company’s solutions simplify complex processes, boost efficiency, and enable better decision-making for sustained success through continuous innovation.

ION Markets offers transformative technology and solutions to financial institutions dealing in various asset classes. Their end-to-end solutions simplify operations, automate the trade lifecycle, manage risk, and provide access to liquidity and critical information for timely decision-making on a global scale.

In conclusion, the collaboration between ION and MIAX Futures signifies a significant step in providing efficient and reliable access to trading futures products. Traders can expect seamless connectivity and advanced trading capabilities, enhancing their overall trading experience. Stay updated with ION and MIAX Futures for future developments in the cleared derivatives industry.