Trading Technologies to deliver day-one connectivity to new MIAX Futures Onyx matching engine
Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, announced that it will deliver day-one connectivity to the MIAX Futures Exchange’s new matching engine, MIAX Futures Onyx, through the TT platform.
TT will support trading of MIAX Futures’ (formerly Minneapolis Grain Exchange) flagship Minneapolis Hard Red Spring Wheat (Minneapolis HRSW) futures when Onyx launches in the second quarter of 2025. TT will also support trading of new Bloomberg 500 Index futures that MIAX Futures intends to launch in the second half of 2025, pending certain filings with the Commodity Futures Trading Commission (CFTC).
Alun Green, TT’s EVP Managing Director, Futures & Options, said:
“Our clients are keenly interested in trading futures on MIAX Futures’ new Onyx trading platform, so we’re delighted to ensure that leading institutions and professional traders will have ready access from the TT platform on the first day of trading. Our market-leading tools, including execution algos and Autospreader®, will ensure a seamless transition of outright and intercommodity spread trading onto Onyx. We will also be ready on day one to support the launch of new products like the Bloomberg 500, which will be of significant interest to our global clients.”
Thomas P. Gallagher, Chairman and Chief Executive Officer of Miami International Holdings, Inc. and Chairman of the MIAX Futures Board of Directors, said:
“We are pleased that TT will be offering connectivity to our new Onyx trading platform when it launches in Q2 2025. Our collaboration with TT is an important initiative that will help ensure that our clients have uninterrupted access to Minneapolis HRSW futures, as well as the new B500 futures expected to launch in H2 2025.”