PRINCETON, N.J., Feb. 24, 2023 /PRNewswire/ — Miami Intercontinental Holdings, Inc., proprietor of Miami International Securities Trade, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEX™), The Bermuda Stock Exchange (BSX), and Dorman Investing LLC, declared these days that MIAX has been named the “Greatest Buying and selling Platform” at the Fund Intelligence Operations and Solutions Awards 2023.
MIAX was also chosen as one of 40 businesses in the inaugural TabbFORUM’s NOVA Awards, which honor the money industry’s ongoing motivation to technologies-driven innovation. NOVA Awards picks are the consequence of TabbFORUM analysis, nominations and recommendations solicited from the economic local community, and acquire into account the part of innovation within an corporation, as properly as the organization’s marketplace impression and management.
“MIAX is happy to be acknowledged by the economic business for our established record of building proprietary, innovative investing units built for the exceptional functional and general performance needs of derivatives and dollars equities buying and selling,” said Thomas P. Gallagher, Chairman and Main Executive Officer of MIAX. “These honors are a testament to the hard get the job done and entrepreneurial push of our staff, who given that our inception have consistently made products and solutions and solutions to far better deal with the demands of our end users each and every and just about every yr.”
“The MIAX engineering group is dedicated to setting up significant functionality buying and selling systems intended to withstand the significant throughput needs of present-day derivatives marketplaces,” reported Matt Rotella, Senior Vice President and Chief Technological innovation Officer of MIAX. “Our proprietary technologies, aim on trustworthiness and ground breaking society are critical things that have enabled our MIAX exchanges to collectively expertise 99.999% uptime due to the fact we released our first options exchange in 2012. Our know-how and purchaser-centric method are critical factors why we now rank as the 14th largest world wide derivatives exchange in executed quantity globally, according to knowledge compiled by the Futures Market Affiliation.”
Given that 2016, MIAX has been named a winner each yr at the Fund Intelligence Functions and Expert services Awards. MIAX won the “Most Innovative Technology” classification from 2017 to 2020 and gained the “Greatest Possibilities Trading System” award in 2021.
For above 20 yrs, the Fund Intelligence Operations and Solutions Awards have acknowledged and rewarded the outstanding techniques and abilities of the vendor neighborhood servicing the advanced and evolving requires of asset professionals and their shoppers.
MIAX’s mother or father keeping organization, Miami Intercontinental Holdings, Inc., owns Miami Intercontinental Securities Trade, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEX™), The Bermuda Inventory Exchange (BSX) and Dorman Investing, LLC (Dorman Investing).
MIAX, MIAX Pearl and MIAX Emerald are national securities exchanges registered with the Securities and Trade Commission (SEC) that are enabled by MIAX’s in-household constructed, proprietary technology. MIAX delivers trading of possibilities on all three exchanges as properly as income equities via MIAX Pearl Equities™. The MIAX investing platform was constructed to fulfill the large-performance quoting calls for of the U.S. choices trading business and is differentiated by throughput, latency, dependability and wire-purchase determinism. MIAX also serves as the special exchange venue for dollars-settled alternatives on the SPIKES® Volatility Index (Ticker: SPIKE), a measure of the predicted 30-working day volatility in the SPDR® S&P 500® ETF (SPY).
MGEX is a registered trade with the Commodity Futures Buying and selling Fee (CFTC) and gives investing in a wide variety of goods including Hard Red Spring Wheat Futures and also serves as the special current market for SPIKES Futures. MGEX is a Selected Contract Current market (DCM) and Derivatives Clearing Corporation (DCO) below the CFTC, furnishing DCM, DCO and funds market services in an array of asset lessons.
BSX is a totally electronic, vertically built-in intercontinental securities marketplace headquartered in Bermuda and structured in 1971. BSX specializes in the listing and buying and selling of money current market instruments these kinds of as equities, financial debt difficulties, funds, hedge resources, by-product warrants, and insurance connected securities.
Dorman Buying and selling is a whole-services Futures Commission Service provider registered with the CFTC.
MIAX’s govt offices and Nationwide Operations Middle are found in Princeton, N.J., with additional offices found in Miami, FL, Minneapolis, MN, Hamilton, Bermuda and Chicago, IL.
To find out a lot more about MIAX go to www.MIAXOptions.com.
To find out additional about MGEX check out www.mgex.com.
To master extra about BSX take a look at www.bsx.com.
To find out far more about Dorman Investing check out www.dormantrading.com.
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The push launch shall not constitute an offer you to provide or a solicitation of an offer you to order any securities of Miami International Holdings, Inc. (collectively with its subsidiaries, the Corporation), and shall not represent an present, solicitation or sale in any point out or jurisdiction in which these types of give solicitation or sale would be unlawful. This push release might comprise forward-searching statements, which includes ahead-hunting statements within the indicating of the Private Securities Litigation Reform Act of 1995. Forward-hunting statements describe foreseeable future anticipations, ideas, effects, or approaches and are normally preceded by phrases this sort of as “may possibly,” “upcoming,” “strategy” or “planned,” “will” or “should,” “predicted,” “anticipates,” “draft,” “inevitably” or “projected.” You are cautioned that these types of statements are topic to a multitude of challenges and uncertainties that could induce upcoming instances, events, or benefits to vary materially from those projected in the forward-on the lookout statements, which includes the dangers that actual effects might differ materially from individuals projected in the forward-on the lookout statements.
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Andy Nybo, SVP, Chief Communications Officer