Futures

Expiration of June Spring Wheat option positions is scheduled for Friday, May 24, 2024. All Clearing Members should use the MGEX Clearing System (MCS) to update and verify June Spring Wheat option positions by 4:30 PM CT.

Clearing Members must submit position information by one of the following:

1. Position Change Submission (PCS) file via SFTP
   • PCS Reporting Specification can be found under Technical Specifications at MGEX Interface Specifications 
2. Manually submitting positions to the MGEX Clearing House and verifying in MCS by utilizing the gross position reporting and marking complete.

Exception forms to exercise out-of-the money positions or not exercise in-the-money positions, should be submitted by 4:25 PM CT. Firms should expect to see assignments at approximately 5:10 PM CT on May 24, 2024.

All account information can be added once option trades have been created. All account information must be added and completed by 7:30 AM CST on Tuesday, May 28, 2024.

For additional information regarding the reporting process, please refer to the MGEX Clearing System User Manual and instructional videos available at MGEX Clearing Training Resources 

If you have any questions, please contact MGEX Clearing Operations at MGEXClearingOperations@miaxglobal.com or (612) 321-7146.

To add MGEX Alerts to your current e-mail subscriptions, revise your current MIAX Exchange Group e-mail subscriptions or to register a new e-mail address, visit MIAX Email Subscriptions.

To learn more about MGEX, please contact Futures@miaxglobal.com.