Historic NYSE Debut for Miami International Holdings

Miami International Holdings, the operator behind the MIAX options, futures, and derivatives exchanges, made a spectacular entry onto the New York Stock Exchange (NYSE) this Thursday. Trading under the ticker symbol "MIAX," the company's shares opened at $31, marking a significant 35% increase from its initial public offering (IPO) price of $23 per share.

A Landmark Listing

Based in Princeton, New Jersey, Miami International Holdings successfully sold 15 million shares at $23 each, raising an impressive $345 million just a day before its market debut. This event stands out as one of the most notable listings by a US exchange operator in recent history. Notably, Miami International Holdings is the first American financial exchange to go public in the last 15 years, setting a new benchmark in the financial sector.