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Miami International Holdings, Inc., owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEX™), The Bermuda Stock Exchange (BSX), and Dorman Trading LLC, announced today that MIAX has been named the "Best Trading Platform" at the Fund Intelligence Operations and Services Awards 2023.
MIAX was also selected as one of 40 organizations in the inaugural TabbFORUM's NOVA Awards, which honor the financial industry's ongoing commitment to technology-driven innovation. NOVA Awards selections are the result of TabbFORUM research, nominations and recommendations solicited from the financial community, and take into account the role of innovation within an organization, as well as the organization's industry impact and leadership.
"MIAX is proud to be recognized by the financial industry for our proven record of building proprietary, advanced trading systems designed for the unique functional and performance demands of derivatives and cash equities trading," said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIAX. "These honors are a testament to the hard work and entrepreneurial drive of our employees, who since our inception have consistently developed products and solutions to better address the needs of our users each and every year."
"The MIAX technology team is dedicated to building high performance trading systems designed to withstand the high throughput demands of today's derivatives markets," said Matt Rotella, Senior Vice President and Chief Technology Officer of MIAX. "Our proprietary technology, focus on reliability and innovative culture are key factors that have enabled our MIAX exchanges to collectively experience 99.999% uptime since we launched our first options exchange in 2012. Our technology and customer-centric approach are key reasons why we now rank as the 14th largest global derivatives exchange in executed volume globally, according to data compiled by the Futures Industry Association."
Since 2016, MIAX has been named a winner every year at the Fund Intelligence Operations and Services Awards. MIAX won the "Most Innovative Technology" category from 2017 to 2020 and received the "Best Options Trading Platform" award in 2021.
For over 20 years, the Fund Intelligence Operations and Services Awards have recognized and rewarded the outstanding skills and talents of the vendor community servicing the complex and evolving needs of asset managers and their clients.
