MIAX Options Exchange Enters into 2017 Equity Rights Transaction with Exchange Members Including Barclays, Citadel Securities, IMC, Morgan Stanley and Co., Optiver US, Susquehanna Securities, Timber Hill, and Wolverine Trading

PRINCETON, N.J. MIAX Options Exchange (MIAX Options or the Exchange) announced today that it has closed its 2017 Equity Rights Program (ERP-III) following its entry into agreements with several leading order flow providers and market making MIAX Options member firms. Similar to the structure of ERP-I and ERP-II, its prior two Equity Rights Programs, ERP-III provides these MIAX Options member firms with the right to invest in MIAX Options' parent holding company Miami International Holdings, Inc. in exchange for payment of an initial purchase price or the prepayment of certain transaction fees and the achievement of certain liquidity volume thresholds on the Exchange. Click here for more.

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