Miami International

Last updated: October 5, 2025
Ticker
MIAX
Exchange
NYSE
IPO Date
Pending
Price Range
$19.00 - $21.00
Deal Size
$300 million
View MIAX Live Chart on TradingViewAffiliate link — we may earn a commission.

Company Snapshot

Miami International is a technology-driven leader in building and operating regulated financial marketplaces across multiple asset classes and geographies. The company operates various exchanges, including MIAX Options, MIAX Pearl, MIAX Emerald, and MIAX Sapphire, utilizing proprietary technology to enhance trading speed and performance. Their business model focuses on providing high-performance trading platforms for options, equities, and futures, distinguished by their customer service and technological capabilities.

Key Financials

Metric202420232022
Revenue$1.14B$1.04B$797M
YoY Growth+9.6%+30.5%-
Adjusted Net Income$102.1M-$20.9M$57.6M
Margin %9.0%-2.0%7.2%
Gross Margin
24%

S-1 Highlights

Market & Competition

The company operates in the financial marketplace industry and competes with established players like Nasdaq, Cboe Global Markets, and Intercontinental Exchange. They provide trading services across various asset classes, including options, equities, and futures.

Use of Proceeds

The company plans to use the proceeds from the IPO to enhance its technology infrastructure, expand its market presence, and support its growth initiatives.

Key Risk Factors

  • The company faces regulatory risks that could impact its operations and financial performance, as it is subject to oversight by the SEC and CFTC.
  • The company may experience significant competition from other exchanges and trading platforms, which could affect its market share and profitability.

Reported Broker Availability

No broker information available yet

Check back later for updates

Reported by users or publicly disclosed. Information is for reference only.

Important: Information presented on this website is aggregated from publicly available sources and voluntary user submissions. It is provided for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. IPO access and availability may vary by broker and is not guaranteed; always verify details directly with your broker before making any investment decisions. We are not affiliated with, endorsed by, or acting on behalf of any broker-dealers, underwriters, or issuing companies. Some links to broker platforms may be affiliate links, and we may earn a commission if you open an account through those links. See full disclaimer for additional information.