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Miami International Holdings, Inc. MIAX

Sector: FINANCIAL SERVICESIndustry: CAPITAL MARKETSLatest quarter: 2026-06-30Fundamentals refresh: 2026-08-30

Company coverage

Research through 2026-08-28
Share price$43.00
Activity-5.6%
$33$40$46$53$59Nov 3, 25Dec 16, 25Jan 30, 26Mar 16, 26Apr 28, 26Jun 10, 26Jul 24, 26MIAX2025-11-03 · Bought order2025-11-04 · Bought order2025-11-06 · Bought order2025-11-14 · Bought order2025-11-17 · Bought order2025-12-01 · Bought order2025-12-02 · Bought order2025-12-17 · Bought order2025-12-17 · Bought order2025-12-17 · Bought order2025-12-18 · Bought order2025-12-18 · Bought order2025-12-19 · Bought order2025-12-26 · Bought order2025-12-31 · Bought order2026-01-02 · Bought order2026-01-07 · Bought order2026-01-07 · Bought order2026-01-08 · Bought order2026-01-09 · Bought order2026-01-16 · Bought order2026-01-22 · Bought order2026-01-23 · Bought order2026-02-02 · Bought order2026-02-06 · Bought order2026-02-10 · Bought order2026-02-13 · Bought order2026-02-18 · Bought order2026-02-23 · Bought order2026-03-11 · Bought order2026-03-26 · Bought order2026-04-20 · Bought order2026-04-24 · Bought order2026-05-11 · Bought order2026-06-02 · Bought CALL2026-06-02 · Bought order2026-06-02 · Bought order2026-06-09 · Sold option2026-06-09 · Sold option
Sold putSold call
206 observations since 2025-11-03Buy Sell Option39 visible trade events

Research activity

MIAX 39 trade records · 1 option records · 2025-11-03 → 2026-06-09

Moat

Strong

MIAX operates nine specialized exchanges (options, futures, equities) with strong structural moats rooted in regulatory licensing, order flow accumulation, and network effects. Users prefer the exchange with the most liquidity, and more volume attra…

Physical assets

Strong

MIAX owns the newly launched 38,400 sq ft MIAX Sapphire trading floor in Miami's Wynwood district — one of only two open outcry trading floors launched in five decades, with a Bloomberg TV broadcast studio. Exchange operating centers and data center…

Software / hardware

Software70%
Hardware30%

Growth. Nine-exchange platform captures derivatives volume explosion (+41% YoY) while MIAX Sapphire trading floor and data licensing create new high-margin revenue streams. Primary assets. 9 regulated exchanges (options, futures, equities), MIAX Sap…

Coverage feed Latest entries
  1. manual · sw-hw

    Growth. Nine-exchange platform captures derivatives volume explosion (+41% YoY) while MIAX Sapphire trading floor and data licensing create new high-margin revenue streams. Primary assets. 9 regulated exchanges (options, futures,…

  2. manual · physical-assets

    MIAX owns the newly launched 38,400 sq ft MIAX Sapphire trading floor in Miami's Wynwood district — one of only two open outcry trading floors launched in five decades, with a Bloomberg TV broadcast studio. Exchange operating cen…

  3. manual · moat

    MIAX operates nine specialized exchanges (options, futures, equities) with strong structural moats rooted in regulatory licensing, order flow accumulation, and network effects. Users prefer the exchange with the most liquidity, a…

Trade feed Recent records
Date Action Type Relative size
2026-06-09 SELL Equity +43%
2026-06-09 SELL Equity +100%
2026-06-02 BUY Equity +2%
2026-06-02 BUY Equity +2%
2026-06-02 BUY CALL option +24%
2026-05-11 BUY Equity +4%
2026-04-24 BUY Equity +2%
2026-04-20 EXPIRED Equity 0%
2026-03-26 BUY Equity +21%
2026-03-11 BUY Equity +12%
2026-02-23 BUY Equity +21%
2026-02-18 BUY Equity +10%
2026-02-13 BUY Equity +7%
2026-02-10 BUY Equity +8%
2026-02-06 BUY Equity +21%
2026-02-02 BUY Equity +8%
2026-01-23 BUY Equity +8%
2026-01-22 BUY Equity +6%
2026-01-16 BUY Equity +1%
2026-01-09 BUY Equity +1%
2026-01-08 BUY Equity +2%
2026-01-07 BUY Equity +4%
2026-01-07 BUY Equity +0%
2026-01-02 BUY Equity +0%

Notes

Full portfolio moat / asset analysis

MIAX operates nine specialized exchanges (options, futures, equities) with strong structural moats rooted in regulatory licensing, order flow accumulation, and network effects. Users prefer the exchange with the most liquidity, and more volume attracts more participants — a self-reinforcing cycle. Regulatory barriers to entry are extremely high (SEC/NFA app…

Full portfolio moat / asset analysis

MIAX owns the newly launched 38,400 sq ft MIAX Sapphire trading floor in Miami's Wynwood district — one of only two open outcry trading floors launched in five decades, with a Bloomberg TV broadcast studio. Exchange operating centers and data centers are critical, defensible assets.

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