MIAX Options Exchange

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MIAX Options Exchange
Miax options logo-resize-380x300.jpg
Founded 2012
Headquarters Princeton, NJ
Key People Thomas P. Gallagher, Chairman and CEO
Employees 75
Products Equity Derivatives Exchange
Website http://www.miaxoptions.com/-
Releases Company News

The MIAX Options Exchange is a U.S. equity derivatives market. It received regulatory approval on Dec. 3, 2012 and began operations on Dec. 7, 2012.[1] MIAX acts as its own self-regulatory organization.

The national operations center for MIAX is housed at a facility in Princeton, New Jersey. Additional executive offices, as well as a multi-purpose training, meeting and conference center are located in a facility in Miami, Florida.

MIAX is owned by Miami International Holdings, Inc., based in Princeton, New Jersey.[2]

Through August 2013 MIAX had captured .68% of the exchange traded equity options volume in 2013.

Overview Interview on MIAX

Sun rises on Miami Options Exchange:

Shelly Brown and Doug Schafer talk about the new Miami Options Exchange

The much anticipated MIAX Options Exchange launched December 7, 2013, making it the 11th options exchange in the United States. Jim Kharouf, editor-in-chief of John Lothian News, spoke with Shelly Brown, senior vice president, strategic planning and operations with MIAX Options, and Doug Schafer, executive vice president, chief information officer and director of the exchange at the Options Industry Conference in Las Vegas last week. They say MIAX’s 72-person team has two things that differentiate it from the pack - speed and a regulator approval-pending order function that’s designed to tighten quotes and reward market makers for tighter quoting. They also touched on its next two exchanges that will be based in Miami, with a Latin American view. [1]


Key People


References

  1. Press Release. PR Newswire.
  2. Miami Options Exchange Gets SEC Approval, Will Start Dec. 7. Bloomberg.