Miami International Holdings and Bloomberg Collaborate to List Index Futures and Options
Miami International Holdings (MIH) is set to list Bloomberg 500 Index futures and options on its MIAX exchanges in the second half of this year, subject to regulatory filings and approvals, according to a story in The Trade news. MIAX Bloomberg 500 Index futures will be listed on MIAX Futures, pending certain filings with the Commodity Futures Trading Commission (CFTC). Elsewhere, MIAX Bloomberg 500 Index options will be listed on MIAX Options, subject to certain filings with and subject to approval from the Securities and Exchange Commission (SEC). The new MIAX Bloomberg 500 futures and options products aim to provide competitive fees, increased product choice and more granular contract sizes, offering retail and institutional investors an alternative way to manage US equity market exposure.