MIAX®, creator and operator of highperformance securities exchanges, products and services, today announced expected launch dates for cashsettled futures contracts on BRIXX™ Commercial Real Estate (CRE) Indexes developed by Advanced Fundamentals. BRIXX CRE Indexes track real-time changes in property values through a unique methodology using REITs as inputs to support benchmarking, hedging and portfolio allocation strategies for investors across multiple sectors.
BRIXX CRE Indexes are the first family of real estate indexes to incorporate commodity pricing to overcome the limitations of appraisal lag, self-reporting, and leverage disparities to establish an accurate view of the real estate market. The performance of the BRIXX CRE Indexes is calculated on an unlevered basis using real-time pricing sourced from over $750 billion of institutional quality real estate.
Expected launch dates for BRIXX futures contracts are as follows:
Contract Name |
Expected Launch 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 |
BXH |
BRXSH |
BRIXX Residential Futures |
November 22, 2021 |
BXR |
BRXSR |
Cash-settled futures contracts will be listed on Minneapolis Grain Exchange, LLC (MGEXTM) via the CME Globex® platform and will be cleared by MGEX, a wholly owned subsidiary of MIAX’s parent holding company, Miami International Holdings. The launch of BRIXX Futures contracts remain subject to regulatory approval.
For more information about the BRIXX CRE Indexes and BRIXX CRE derivatives, please visit https://www.miaxoptions.com/brixx/overview.