Designated Contract Markets (DCM) : 57

Organization: Minneapolis Grain Exchange, LLC

Status: Designated

Date: 2000-12-21 00:00:00

Remarks: The Minneapolis Grain Exchange (MGE) was established by the Minneapolis Chamber of Commerce in 1881 as an organization designed to promote trade in grains and to prevent abuses. In 1947, it became the MGE. MGEX became MGEX, Inc. upon its merger with and into the latter entity, a Delaware corporation, on 9/20/10. The Commission issued orders transferring the contract market designation, the derivatives clearing organization registration, the listed contracts, and the open interest in those contracts from MGEX to MGEX, Inc. on 9/16/10 to become effective upon the merger of MGEX with and into MGEX, Inc. On November 23, 2020, the Commission issued an order approving the transfer of the contract market designation of MGEX, Inc. to Minneapolis Grain Exchange, LLC.