MIAX Acquires Controlling Interest in the Bermuda Stock Exchange
Miami International Holdings, Inc., the parent holding company of the MIAX, MIAX PEARL and MIAX Emerald options exchanges, and the Bermuda Stock Exchange (BSX) announced that MIH has acquired a controlling interest in the BSX. The BSX is a fully electronic offshore securities market regulated by the Bermuda Monetary Authority. It specializes in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and insurance-linked securities. The BSX is a full member of the World Federation of Exchanges and an affiliate member of the International Organization of Securities Commissions. It is recognized as a Designated Offshore Securities Market by the U.S. Securities and Exchange Commission and a Recognized Stock Exchange by UK HM Revenue and Customs.