Announces Launch Dates for Suite of New BRIXX Commercial Real Estate Futures on MGEX

PRINCETON, NJ and MINNEAPOLIS, October 4, 2021 / PRNewswire / – MIAX®, creator and operator of high performance securities exchanges, products and services, today announced the expected start dates for cash settled futures contracts on BRIXX ™ Commercial Real Estate (CRE) indices developed by Advanced Fundamentals. BRIXX CRE indices track real-time changes in property values ​​through a unique methodology that uses REITs as input to support benchmarking, hedging and portfolio allocation strategies for investors across multiple sectors.

BRIXX CRE indices are the first family of real estate indices to incorporate commodity prices to overcome the limitations of valuation delays, self-reporting and leverage differentials to get an accurate picture of the real estate market. The performance of the BRIXX CRE indices is calculated on a no-fault basis using real-time prices that are calculated from over $ 750 billion of institutional quality properties.

The expected start dates for BRIXX futures contracts are as follows:

Contract name

Estimated start date

Trading symbol

Settlement symbol

BRIXX retail futures

October 18, 2021

BXT

BRXST

BRIXX Office Futures

November 8, 2021

BXO

BRXSO

BRIXX Hospitality Futures

November 22, 2021

Diagrams

BRXSH

BRIXX Residential Futures

November 22, 2021

BXR

BRXSR

Cash-settled futures contracts are listed on the Minneapolis Grain Exchange, LLC (MGEX.)) via the CME Globex® platform and is cleared by MGEX, a wholly owned subsidiary of MIAX’s parent company Miami International Holdings. The introduction of BRIXX futures contracts is still subject to regulatory approval.

Further information on the BRIXX CRE indices and BRIXX CRE derivatives can be found at https://www.miaxoptions.com/brixx/overview.

Contact person for corporate communication:

MIAX
Andy Nybo, Senior Vice President, Chief Communications Officer
609-955-2091
[email protected]

About MIAX
MIAX’s parent company, Miami International Holdings, Inc. owns the Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), the Minneapolis Grain Exchange, LLC (MGEX) and the Bermuda Stock Exchange (BSX).

MIAX, MIAX Pearl and MIAX Emerald are national securities exchanges registered with the Securities and Exchange Commission (SEC) that use MIAX’s industry-leading technology and infrastructure to enable their member firms to trade US-listed options. MIAX serves as the exclusive stock exchange for options with cash settlement on the SPIKES® Volatility Index (ticker: SPIKE), a measure of the expected 30-day volatility of the SPDR® S&P 500® ETF (SPY). In addition to options, MIAX Pearl enables cash shares to be traded through MIAX Pearl Equities ™.

MGEX is a registered exchange with the Commodity Futures Trading Commission (CFTC) and a Notice Registered Securities Futures Product Exchange with the SEC. MGEX serves as the exclusive market for a variety of products including Hard Red Spring Wheat and SPIKES Futures. In addition, MGEX is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, offering DCM, DCO and cash market services in a range of asset classes.

The BSX is a leading electronic international securities market regulated by the Bermuda Monetary Authority (BMA) that specializes in the listing and trading of capital market instruments such as stocks, debt securities, funds, hedge funds, derivative warrants and insurance linked securities. As a full member of the World Federation of Exchanges and affiliated member of the International Organization of Securities Commissions, the BSX is recognized worldwide, including by the SEC.

MIAX offices and National Operations Center are located in Princeton, New Jersey, with further offices in Miami, Florida, Minneapolis, MN, and Hamilton, Bermuda.

To learn more about MIAX, visit www.MIAXOptions.com.

To learn more about MGEX, visit www.mgex.com.

To learn more about the BSX, visit www.BSX.com.

Disclaimer and cautionary note regarding forward-looking statements
The press release does not constitute an offer to sell or the solicitation of an offer to buy any securities of Miami International Holdings, Inc. (together with its subsidiaries, the company) and does not constitute an offer, solicitation or sale in any state or state Jurisdiction in which such offer is valid; Advertising or selling would be illegal. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and are generally escaped from words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “expected”, “draft”, “possibly” or “projected”. You are cautioned that such statements are subject to a variety of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risk that actual results may differ materially from those projected the forward-looking statements may differ.

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SOURCE MIAX