Miami International Holdings Acquires 100% Ownership of The Bermuda Stock Exchange
PRINCETON, N.J. and HAMILTON, Bermuda, Dec. 18, 2020 /PRNewswire/ -- Miami International Holdings (MIH), the parent holding company of MIAX
, and the Bermuda Stock Exchange (BSX) today announced that MIH has acquired 100% ownership of the BSX. MIH previously announced the acquisition of a majority interest in the exchange in November 2019. The BSX will continue its operations as a wholly owned subsidiary of MIH.
This acquisition aligns directly with MIH's corporate strategy, allowing the company to expand its world-class technology, derivatives trading and regulatory expertise to address emerging markets, such as digital assets, and provide the BSX with additional support in the evolving global (re)insurance risk market.