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MIAX Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
40.680
Open
40.290
VWAP
39.32
Vol
1.68M
Mkt Cap
3.68B
Low
38.550
Amount
65.95M
EV/EBITDA(TTM)
22.49
Total Shares
94.91M
EV
3.17B
EV/OCF(TTM)
14.59
P/S(TTM)
2.53
Miami International Holdings, Inc. is a multi-asset exchange operator. It is a technology-driven in building and operating regulated financial marketplaces across multiple asset classes and geographies. Its products include MIAX, MIAX Options, MIAX PRIME, MIAX Technologies, MIAX Pearl, and MIAX Emerald. Its segments include Options, Equities, Futures and International. The Options segment includes business operations of listed options on the stocks of individual equities and options on exchange-traded products (ETP). The equities segment includes its business operations relating to listed U.S. equities and ETP transaction services. The futures segment includes its business operations relating to futures transaction services provided by its futures exchange and clearing house, MIAX Futures. The International segment includes listing services for capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and insurance linked securities.
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Events Timeline

(ET)
2026-06-02
12:20:00
CFTC Approves Kalshi to Offer Bitcoin Perpetual Futures
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2026-05-20 (ET)
2026-05-20
09:20:00
Options Clearing Corporation Launches Clearing Services for MIAX Futures Exchange
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2026-05-20
07:10:00
Miami International Reaches Agreement with Options Clearing Corporation
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2026-05-06 (ET)
2026-05-06
16:40:00
MIAX Reports Q1 Revenue of $128.6M
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2026-03-04 (ET)
2026-03-04
07:00:00
Q4 Average Daily Volume Reaches 10.8M Contracts, Up 25.4%
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News

PRnewswire
7.5
06-03PRnewswire
MIAX Exchange Group Reports 23.7% Increase in Options ADV YTD
  • Significant Volume Growth: The MIAX Exchange Group reported a year-to-date average daily trading volume (ADV) of 11,060,000 for multi-list options in May 2026, representing a 23.7% increase from 8,957,000 in May 2025, indicating strong market performance and rising client demand.
  • Market Share Dynamics: Although MIAX's options market share slightly decreased to 16.5%, it remains relatively stable compared to the previous year, suggesting the company has maintained a solid customer base and market position in a competitive landscape.
  • Industry Comparison: MIAX's ADV in the U.S. equity options industry grew by 30.8% year-over-year, showcasing its leading position and market appeal, further solidifying its image as a technology-driven market leader.
  • Futures Trading Trends: MIAX Futures reported an ADV of 10,111 for agricultural futures, down 23.9% year-over-year, reflecting the impact of market volatility on trading activity while providing data support for future product strategy adjustments.
PRnewswire
7.5
06-03PRnewswire
MIAX Exchange Group Reports 23.7% Increase in Multi-list Options ADV YTD
  • Significant Volume Growth: The MIAX Exchange Group's year-to-date average daily trading volume (ADV) for multi-list options reached 11,060,000 contracts, reflecting a robust 23.7% increase compared to the same period last year, which strengthens its position in the financial markets.
  • Market Share Dynamics: Although MIAX's options market share slightly decreased to 16.5%, it remains relatively stable compared to the previous year, indicating the company's ability to maintain a solid customer base and trading activity in a competitive environment.
  • Industry Comparison: MIAX's ADV growth of 23.5% in the U.S. equity options market outpaces the overall industry growth of 30.8%, suggesting that MIAX is performing better than the industry average, potentially attracting more investor interest.
  • Futures Trading Trends: MIAX Futures' agricultural ADV stood at 10,111 contracts, down 23.9% year-over-year, while the performance of financial futures launched on May 17 has yet to be fully reflected, indicating that market acceptance of new products requires further observation.
PRnewswire
8.5
05-20PRnewswire
MIAX and OCC Reach Clearing Agreement for Futures
  • Clearing Agreement Signed: MIAX Futures has established a clearing and settlement agreement with OCC, the world's largest equity derivatives clearing organization, allowing market participants to achieve capital efficiencies through cross-margining, enhancing trading flexibility.
  • New Product Launch: MIAX Futures launched the Tini Bloomberg 100 Index Futures on May 17, 2026, marking the initiation of its new product line, which is expected to attract more investors and enhance market competitiveness.
  • Capital Efficiency Improvement: Through collaboration with OCC, MIAX Futures' clearing members will benefit from the internal cross-margining program, significantly reducing trading costs and thereby enhancing overall market liquidity.
  • Commitment to Continuous Innovation: MIAX CEO Thomas P. Gallagher emphasized the long-standing partnership with OCC, indicating the company's dedication to supporting the ongoing growth of options and futures markets through technological innovation and operational excellence.
PRnewswire
8.5
05-20PRnewswire
MIAX and OCC Establish Clearing Agreement for Futures Trading
  • Clearing Agreement Signed: MIAX Futures has established a clearing and settlement agreement with OCC, the world's largest equity derivatives clearing organization, enabling market participants to achieve capital efficiencies through cross-margining, enhancing trading flexibility.
  • New Product Launch: MIAX Futures launched the Tini Bloomberg 100 Index Futures on May 17, 2026, marking the initiation of its new product line, which is expected to attract more investors and increase market activity.
  • Capital Efficiency Improvement: The collaboration with OCC allows MIAX Futures' clearing members to benefit from a full suite of clearing and risk management services, which is anticipated to significantly reduce trading costs and enhance market competitiveness.
  • Future Product Plans: MIAX Futures plans to launch Tini Bloomberg 500 Index Futures on May 31, 2026, and Bloomberg 500 Index Futures on June 7, 2026, further enriching its product offerings to meet market demand.
PRnewswire
8.5
05-19PRnewswire
MIAX Launches Tini Bloomberg Index Futures
  • Product Launch: MIAX has successfully launched the Tini Bloomberg 100 Index Futures, marking a significant advancement in financial market innovation and expected to attract more investor participation.
  • Future Product Plans: The Tini Bloomberg 500 Index Futures will launch on May 31, followed by the Bloomberg 500 Futures on June 7, further enriching MIAX's product offerings and enhancing its market competitiveness.
  • Market Demand Response: MIAX CEO Thomas P. Gallagher stated that these new products are designed to help retail and institutional investors effectively manage exposure to large U.S. companies, addressing the market's demand for transparent and rules-based investment tools.
  • Strategic Partnership: The collaboration with Bloomberg Index Services Limited in developing this product suite reflects a shared vision for innovation in financial markets, which is expected to create long-term growth opportunities for MIAX and its members.
PRnewswire
8.5
05-19PRnewswire
MIAX Launches Tini Bloomberg Index Futures
  • Product Launch: MIAX has successfully launched the Tini Bloomberg 100 Index Futures, marking the first equity index product based on Bloomberg indices, which is expected to attract both retail and institutional investors, thereby enhancing market participation.
  • Upcoming Products: The Tini Bloomberg 500 Index Futures will debut on May 31, followed by the Bloomberg 500 Futures on June 7, further enriching MIAX's futures market product offerings.
  • Competitive Advantage: MIAX's Bloomberg index products utilize a transparent, rules-based methodology designed to eliminate subjectivity and delays, which is anticipated to provide investors with a more efficient trading experience and bolster market confidence.
  • Strategic Partnership: The ongoing collaboration between MIAX and Bloomberg in developing new products signifies their joint efforts in financial market innovation, which is expected to create long-term growth opportunities for MIAX and its members.
Wall Street analysts forecast MIAX stock price to rise
6 Analyst Rating
Wall Street analysts forecast MIAX stock price to rise
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
37.00
Averages
47.20
High
55.00
Current: 0.000
sliders
Low
37.00
Averages
47.20
High
55.00
Keefe Bruyette
Market Perform
maintain
$40 -> $48
AI Analysis
2026-05-08
Reason
Keefe Bruyette
Price Target
$40 -> $48
AI Analysis
2026-05-08
maintain
Market Perform
Reason
Keefe Bruyette raised the firm's price target on Miami International to $48 from $40 and keeps a Market Perform rating on the shares.
JPMorgan
Kenneth Worthington
Neutral
maintain
$41 -> $45
2026-05-07
Reason
JPMorgan
Kenneth Worthington
Price Target
$41 -> $45
2026-05-07
maintain
Neutral
Reason
JPMorgan analyst Kenneth Worthington raised the firm's price target on Miami International to $45 from $41 and keeps a Neutral rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for MIAX
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Valuation Metrics

The current forward P/E ratio for Miami International Holdings Inc (MIAX.N) is 0.00, compared to its 5-year average forward P/E of 31.71. For a more detailed relative valuation and DCF analysis to assess Miami International Holdings Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
31.71
Current PE
0.00
Overvalued PE
36.63
Undervalued PE
26.78

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
176.05
Current EV/EBITDA
30.50
Overvalued EV/EBITDA
411.16
Undervalued EV/EBITDA
-59.05

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
6.97
Current PS
6.50
Overvalued PS
8.06
Undervalued PS
5.89

Financials

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Whales Holding MIAX

B
Burkehill Global Management, LP
Holding
MIAX
+54.25%
3M Return
W
Wolverine Asset Management, LLC
Holding
MIAX
+10.05%
3M Return
G
Ghisallo Capital Management LLC
Holding
MIAX
+5.10%
3M Return
N
North Reef Capital Management LP
Holding
MIAX
-0.27%
3M Return
S
Seven Grand Managers LLC
Holding
MIAX
-2.59%
3M Return
H
Horizon Kinetics Holding Corporation
Holding
MIAX
-17.02%
3M Return

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Frequently Asked Questions

What is Miami International Holdings Inc (MIAX) stock price today?

The current price of MIAX is 38.74 USD — it has decreased -1.2

What is Miami International Holdings Inc (MIAX)'s business?

Miami International Holdings, Inc. is a multi-asset exchange operator. It is a technology-driven in building and operating regulated financial marketplaces across multiple asset classes and geographies. Its products include MIAX, MIAX Options, MIAX PRIME, MIAX Technologies, MIAX Pearl, and MIAX Emerald. Its segments include Options, Equities, Futures and International. The Options segment includes business operations of listed options on the stocks of individual equities and options on exchange-traded products (ETP). The equities segment includes its business operations relating to listed U.S. equities and ETP transaction services. The futures segment includes its business operations relating to futures transaction services provided by its futures exchange and clearing house, MIAX Futures. The International segment includes listing services for capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and insurance linked securities.

What is the price predicton of MIAX Stock?

Wall Street analysts forecast MIAX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MIAX is47.20 USD with a low forecast of 37.00 USD and a high forecast of 55.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Miami International Holdings Inc (MIAX)'s revenue for the last quarter?

Miami International Holdings Inc revenue for the last quarter amounts to 350.87M USD, increased 43.33

What is Miami International Holdings Inc (MIAX)'s earnings per share (EPS) for the last quarter?

Miami International Holdings Inc. EPS for the last quarter amounts to 1.56 USD, decreased -700.00

How many employees does Miami International Holdings Inc (MIAX). have?

Miami International Holdings Inc (MIAX) has 0 emplpoyees as of June 09 2026.

What is Miami International Holdings Inc (MIAX) market cap?

Today MIAX has the market capitalization of 3.68B USD.