Trading Technologies Enhances Market Access with MIAX Futures Onyx Launch Connectivity

Trading Technologies International, Inc. (TT), a prominent name in the capital markets technology sector, has made headlines with its announcement regarding the upcoming launch of the MIAX Futures Onyx matching engine. Scheduled for rollout in the second quarter of 2025, TT will ensure that traders have seamless access on the very first day of operation.

The MIAX Futures Exchange, which many recognize as the former Minneapolis Grain Exchange, is set to introduce its flagship product, the Minneapolis Hard Red Spring Wheat (Minneapolis HRSW) futures, alongside new futures contracts such as the Bloomberg 500 Index. The initiation of trading on these products signifies a new chapter for MIAX Futures and highlights TT's commitment to supporting its clients with advanced market tools.

Alun Green, Executive Vice President and Managing Director of Futures and Options at TT, stated, "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." This declaration resonates well with the trading community, especially with the introduction of innovative tools like execution algorithms and the Autospreader®, aiding traders in navigating the platform efficiently.

MIAX Futures aims to partner closely with TT to maintain uninterrupted access to its offerings. Thomas P. Gallagher, Chairman and CEO of Miami International Holdings and MIAX Futures Board Chairman, expressed his appreciation for the collaboration: "We are pleased that TT will be offering connectivity to our new Onyx trading platform. Our partnership is key to ensuring seamless access for our clients to both the Minneapolis HRSW futures and the newly anticipated B500 futures."

The TT platform is no stranger to high-volume trading, having processed over 2.8 billion transactions in 2024 alone. It caters to a network of over 100 global exchanges and liquidity venues, spanning various asset classes. This breadth of reach underscores TT's robust offerings in trade execution tools, order management, market data solutions, and extensive analytics.

TT's commitment extends beyond just technical capabilities; the service is designed to enhance the operational efficiency of trading firms. Their solutions encompass transaction cost analysis, qualitative trading options, compliance and trade surveillance tools, as well as comprehensive infrastructure services tailored for hedge funds, risk managers, and many others in the financial ecosystem.

As the launch of MIAX Futures Onyx approaches, the anticipation is palpable among institutions looking to leverage TT's market access. With such advancements and partnerships, TT is poised to not only meet the needs of its existing clientele but also attract a new wave of traders eager to capitalize on the functionalities offered by the MIAX Futures trading ecosystem.

In an industry that is constantly evolving, the integration of TT with MIAX Futures Onyx represents a significant milestone in redefining how trading occurs, with technology at the forefront. The implications for trading efficiency and market responsiveness may very well set the stage for how futures trading is approached in the coming years.

In conclusion, as TT prepares for the day-one launch of MIAX Futures Onyx, the market watches with keen interest, recognizing that the evolution of trading platforms is more than just technological advancement – it’s about fostering trust and reliability in a dynamic financial landscape.

For more information on Trading Technologies and their offerings, you can visit their website at www.tradingtechnologies.com.