Miami International Holdings Launches Options Trading Floor in Miami
Miami International Holdings, Inc. announced the launch of the MIAX Sapphire® options trading floor in Miami, Florida. MIAX Sapphire is the first national securities exchange to open a trading floor in Miami and only the second open outcry trading floor to launch in the last 50 years. The 38,400-square-foot facility spans the ninth floor of the 545 Wyn building in Miami's Wynwood district, with panoramic views of the city's skyline. Its features include a state-of-the-art trading floor, office space, conference facilities and a Bloomberg TV broadcast studio. The trading floor was designed with special attention to sound quality, lighting, sight lines and ensuring the optimal layout for market participants. MIAX Sapphire is MIAX's fourth national securities exchange for U.S. multi-listed options and operates both an electronic exchange that launched in August 2024 as well as the physical trading floor.