MIAX Futures Month End Initial Margin Totals

January 2025 December 2024 November 2024
Default Management

MIAX Futures has over $50 million in dedicated financial resources to address a potential default to the Clearing House. This amount includes a dedicated and segregated cash reserve, clearing member security deposits, surplus funds and a line of credit. In all instances, the available financial resources of the defaulting clearing member, including but not limited to any guarantees and pledges, will be applied before any MIAX Futures funds are utilized. (Updated as of January 2024)