Miami International Holdings, Inc. MIAX

MIAX Company Overview

Miami International Holdings, Inc. (MIAX) is a privately held financial technology and exchange operator focused on options trading, equities trading, and market infrastructure services in the United States. The company operates a family of securities exchanges and related technology businesses serving broker-dealers, institutional investors, market makers, and trading firms. MIAX primarily competes within the electronic exchange and market infrastructure industry, with revenue generated from transaction fees, market data products, connectivity services, exchange memberships, and technology licensing.

The company’s principal operating businesses include the MIAX Options Exchanges, the MIAX Pearl Equities Exchange, and its market technology operations. MIAX has positioned itself as a technology-focused competitor to larger exchange groups by emphasizing low-latency trading architecture, speed, and customer-focused exchange design. Founded in 2007 and launching its first exchange in 2012, MIAX expanded from a single options exchange into a broader multi-asset exchange operator through organic development, technology investment, and acquisitions, including the acquisition of the Minneapolis Grain Exchange, which expanded the company into futures markets.