MIAX CEO Named Executive of the Year

- Thomas P. Gallagher is a principal founder of MIAX, serving as Chairman of the Board since 2008 and CEO since 2012. Before MIAX, he was a founding partner of the law firm Gallagher, Briody & Butler, which specialized in corporate and securities law. - MIAX has pursued an aggressive growth strategy through acquisitions, including the Bermuda Stock Exchange (BSX), the Minneapolis Grain Exchange (MGEX), and The International Stock Exchange (TISE). This expansion aims to diversify revenue across various asset classes and geographic locations. - The company's proprietary, in-house trading technology is a key differentiator, enabling its exchanges to achieve 99.999% operational uptime since the first exchange launch in 2012. This platform has won numerous industry awards for innovation and performance. - In June 2025, the MIAX Exchange Group's total multi-listed options volume hit 164.4 million contracts, and by November 2025, its year-to-date market share reached a record 17.1%. - The company's expansion has been supported by significant outside investment, including a recent $40 million funding round from private equity firm Warburg Pincus to help finance the acquisition of TISE. - MIAX recently expanded its physical presence by launching the MIAX Sapphire options exchange, which includes the first national securities exchange trading floor in Miami. - In a strategic move, MIAX completed the sale of its crypto derivatives exchange, MIAXdx (formerly LedgerX), to a joint venture created by Robinhood Markets and Susquehanna International Group in January 2026.