LONDON, April 1, 2025 – ION, a global leader in trading and workflow automation software, analytics, and strategic consulting, will offer seamless connectivity to the new MIAX Futures Onyx trading platform. This move will enable efficient access to MIAX Futures’ flagship products and enhance the trading experience for financial institutions and brokers.
MIAX Futures Onyx to Power Agricultural and Financial Futures
ION’s integration will support MIAX Futures’ Minneapolis Hard Red Spring Wheat (Minneapolis HRSW) Futures, which will migrate from CME Globex® to Onyx in the second quarter of 2025. Additionally, ION will facilitate trading for the anticipated Bloomberg 500 (B500) Index futures, scheduled for launch in the second half of 2025, pending approval from the Commodity Futures Trading Commission (CFTC).
Onyx is built on proprietary MIAX® technology and will offer trading in a variety of agricultural and financial futures, as well as options on futures, across different locations. ION’s front-office trading platform will enable seamless execution and clearing services for banks and brokers with minimal effort.
Key Stakeholder Comments
Troy Kane, President of MIAX Futures, emphasized the importance of this collaboration, stating, “MIAX Futures is committed to providing our clients with efficient and reliable access to our markets. Through this collaboration with ION, we’re ensuring traders can seamlessly trade Minneapolis HRSW Futures when they migrate to MIAX Futures in 2Q25 and also gain access to new B500 products, which we anticipate launching later this year.”
Francesco Margini, Chief Product Officer for Cleared Derivatives at ION Markets, noted, “MIAX Futures’ collaboration with ION underscores our central role in delivering mission-critical solutions to the cleared derivatives industry. MIAX Futures members will benefit from the advanced trading capabilities of our global EOMS platform, including our flagship algorithmic trading suite, from the very first day of launch.”
About ION
ION is a leading provider of mission-critical trading and workflow automation software, high-value analytics, and strategic consulting services. The company supports financial institutions, central banks, governments, and corporate organizations, simplifying complex processes and driving efficiency to enhance decision-making. ION’s long-term client partnerships foster continuous innovation, enabling sustained business success. For more information, visit ION Group.
About ION Markets
ION Markets offers transformative technology and solutions for financial institutions engaged in equities, fixed income, foreign exchange, cleared derivatives, asset management, and secured funding. Its award-winning end-to-end solutions automate the full trade lifecycle, manage risk, maximize liquidity access, and provide real-time information necessary for informed, timely decisions and execution on a global scale.
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