North American Hard Red Spring Wheat
SPIKES Futures to Launch on Nov. 18, 2019
SPIKES Volatility Index
The SPIKES Volatility Index (index symbol: SPIKE), is a measure of the expected 30-day volatility in the SPDR S&P 500 ETF (SPY). SPY is the largest exchange traded fund in the world and tracks the most watched stock index in the United States. SPIKES is built using the popular variance swap methodology and uses live SPY option prices to calculate volatility. This is consistent with the way the trading community is used to modelling risk and hedging exposure.
SPIKES Futures (Ticker symbol: SPK) will be offered by MGEX via the CME GLOBEX® platform, and are cleared by MGEX. The SPIKES Index and volatility products offer a number of unique features designed to produce highly accurate, robust data and create a transparent and open auction settlement process. MIAX is proud to partner with MGEX and T3 Index to offer SPIKES Futures - for more confident volatility trading. Learn more about SPIKES here.
- Access SPIKES Futures contract specifications here
- Read press release here
MGEX Agricultural Index Contracts
Financially settled with no delivery, our Agricultural Index Contracts trade in all 12 months and offer guaranteed convergence to a spot price representing country origin pricing. Whether you're a speculator or a hedger, our five agricultural index products offer you more choices in trading strategy. Questions? Email Us for More Information.
Historic Grain Exchange Buildings
We have a variety of space available to meet your office needs. Visit our Real Estate website at www.mgex.com/realestate or contact us.
Watch our building video or view our building brochure.
MGEX Liquidity Provider Program
The MGEX Liquidity Provider Permit Program offers a reduced fee alternative for qualified traders. This opportunistic program, with no month-to-month requirements, applies to all MGEX futures and options contracts. For more information, contact us.
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