Miami International Holdings

About Miami International Holdings

MIAX, operated by Miami International Holdings, Inc., is a global trading company exchange group that provides access to U.S. and international capital markets. Over the past decade, it has grown from a single options exchange to a multi-exchange entity, leveraging award-winning technology platforms and offering superior customer service to meet client needs.

Products & Services

U.S. Options Exchanges:Includes MIAX Options (Pro-Rata allocation model), MIAX Pearl (Price-Time priority with maker-taker pricing), MIAX Emerald (Pro-Rata with maker-taker pricing), and MIAX Sapphire (Price-Time with taker-maker pricing, launching in 2025).

U.S. Equities:MIAX Pearl Equities offers a fully automated electronic trading platform with a Price-Time allocation model and Maker-Taker fee structure.

Futures:MIAX Futures provides a vertically integrated futures exchange and clearing platform as a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO).

International Markets:The Bermuda Stock Exchange (BSX) offers access to international securities markets, specializing in equities, debt, funds, and cryptocurrency products.

Proprietary Products:Includes Minneapolis Hard Red Spring Wheat Products and MIAX Bloomberg 500 Index Futures & Options.

Market Data:Provides proprietary market data from its exchanges to support traders’ investment strategies.

Specialties

Options Trading Equities Trading Futures Trading International Securities Market Data Services Proprietary Financial Products

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Secondary Public Offering T: - FT: Secondary Public Offering	A: 318262500 MR: - FA: 7,762,500 shares at $41.00 per share FAN: 318262500	D: 2025-12-16 FD: 2025-12-16	7 investors
2	RT: Secondary Public Offering T: - FT: Secondary Public Offering	A: 276750000 MR: - FA: 6,750,000 shares at $41.00 per share FAN: 276750000	D: 2025-12-11 FD: 2025-12-11	7 investors
3	RT: IPO T: - FT: IPO	A: 396750000 MR: - FA: $396,750,000 FAN: 396750000	D: 2025-08-15 FD: 2025-08-15	7 investors
4	RT: Debt Financing T: - FT: Debt Financing	A: 40000000 MR: - FA: $40 million FAN: 40000000	D: 2025-06-24 FD: 2025-06-24	1 investors
5	RT: Growth Investment T: - FT: Growth Investment	A: 100000000 MR: - FA: $100 million FAN: 100000000	D: 2024-08-22 FD: 2024-08-22	1 investors

Secondary Public Offering Latest

2025-12-16

$318.3M

7 investors (Pro only)

Secondary Public Offering 2025-12-11

$276.8M

IPO 2025-08-15

$396.8M

View 4 more funding rounds with Pro

Unlock Full Funding History

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

Unlock All Metrics

Mock Up

Team & Leadership

T

Thomas P. Gallagher

Chairman and Chief Executive Officer

D

Douglas M. Schafer Jr.

Executive Vice President, Chief Information Officer and President, Miami International Technologies, LLC

B

Barbara Comly

Executive Vice President, General Counsel and Corporate Secretary

S

Shelly Brown

Executive Vice President, Strategic Planning and Business Development

L

Lance Emmons

Executive Vice President, Chief Financial Officer

T

Troy Kane

Chief Executive Officer of MIAX Global Derivatives, LLC, President of MIAX Futures Exchange

View 11 more team members with Pro

Unlock Full Team Directory

Recent News