Minneapolis Grain Exchange, LLC is now a MIAX® company
400 South 4th Street
130 Grain Exchange Building
Minneapolis, MN 55415

ph: 612-321-7101 or
toll free:
1-800-827-4746
mgex@mgex.com
 

Electronic Trading

 

Non-Reviewable Trading Ranges

MGEX Products
NRR including Unit of Measure
NRR Ticks
MGEX Hard Red Spring Wheat Futures
$.10 per bushel
40
MGEX National Corn Index Futures
$.10 per bushel
40
MGEX Hard Red Winter Wheat Index Futures
$.10 per bushel
40
MGEX Hard Red Spring Wheat Index Futures
$.10 per bushel
40
MGEX National Soybean Index Futures
$.10 per bushel
40
MGEX Soft Red Winter Wheat Index Futures
$.10 per bushel
40
MGEX SPIKES Futures
1.0 Index Points
20
MGEX SPIKES Futures TAS
0.25 Index Points
25

 

MGEX Products
Bid/Ask Reasonability
Non-Reviewable Range (NRR)
MGEX Hard Red Spring Wheat Options The greater of the delta times the underlying futures non-reviewable range or 20% of the fair value premium up to the underlying futures non-reviewable range with a minimum reasonability of $.01 20% of premium up to ¼ of the underlying futures non-reviewable range with a minimum of 1 tick
MGEX National Corn Index Options The greater of the delta times the underlying futures non-reviewable range or 20% of the fair value premium up to the underlying futures non-reviewable range with a minimum reasonability of $.01 20% of premium up to ¼ of the underlying futures non-reviewable range with a minimum of 1 tick
MGEX Hard Red Winter Wheat Index Options The greater of the delta times the underlying futures non-reviewable range or 20% of the fair value premium up to the underlying futures non-reviewable range with a minimum reasonability of $.01 20% of premium up to ¼ of the underlying futures non-reviewable range with a minimum of 1 tick
MGEX Hard Red Spring Wheat Index Options The greater of the delta times the underlying futures non-reviewable range or 20% of the fair value premium up to the underlying futures non-reviewable range with a minimum reasonability of $.01 20% of premium up to ¼ of the underlying futures non-reviewable range with a minimum of 1 tick
MGEX National Soybean Index Options The greater of the delta times the underlying futures non-reviewable range or 20% of the fair value premium up to the underlying futures non-reviewable range with a minimum reasonability of $.01 20% of premium up to ¼ of the underlying futures non-reviewable range with a minimum of 1 tick
MGEX Soft Red Winter Wheat Index Options The greater of the delta times the underlying futures non-reviewable range or 20% of the fair value premium up to the underlying futures non-reviewable range with a minimum reasonability of $.01 20% of premium up to ¼ of the underlying futures non-reviewable range with a minimum of 1 tick

 

 

Miax Company