M&A Deal Summary |
|
|---|---|
| Date | 2023-04-25 |
| Target | MIAX Derivatives Exchange |
| Sector | Business Services |
| Buyer(s) | miax |
| Sellers(s) | FTX.US |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Sector | Financial Services |
| Revenue | 1.1B USD (2024) |
miax provides member firms with traditional pricing and pro-rata allocation (MIAX), maker-taker pricing and price-time allocation (MIAX PEARL) market structures, and a hybrid market structure with maker-taker pricing and pro-rata allocation (MIAX Emerald). It is the parent holding company of Miami International Securities Exchange, LLC (MIAX), MIAX PEARL, LLC (MIAX PEARL) and MIAX Emerald, LLC (MIAX Emerald and together with MIAX and MIAX PEARL, the MIAX Exchange Group), three fully electronic options trading exchanges. miax is based in Princeton, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector: Business Services M&A | 1 of 2 |
| Type: Divestiture M&A Deals | 1 of 2 |
| State: New Jersey M&A | 1 of 2 |
| Country: United States M&A | 3 of 4 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-21 |
Dorman Trading
Chicago, Illinois, United States Dorman Trading is an FCM registered with the CFTC and member of the National Futures Association that provides execution and clearing services for introducing brokers, retail customers, institutional clients and professional traders. Dorman Trading is based in Chicago, Illinois. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-11-25 |
MIAX Derivatives Exchange
Princeton, New Jersey, United States MIAX Derivatives Exchange (MIAXdx) is a digital currency futures and options exchange and clearinghouse regulated by the US Commodity Futures Trading Commission (CFTC). MIAXdx is based in Princeton, New Jersey. |
Sell | - |
FTX.US is a US-regulated cryptocurrency exchange, built from the ground up. Its mission is to grow the digital currency ecosystem, offer US traders a platform that inspires their loyalty, and become the market-leading US cryptocurrency exchange by volume over the next two years. FTX.US was formed in 2018 and is based in Berkeley, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: New Jersey M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-01 |
BlockFi
Jersey City, New Jersey, United States BlockFi provide the wealth management platform designed to seamlessly manage crypto assets and provide credit services to markets with limited access to simple financial products. BlockFi was founded in 2017 and is based in Jersey City, New Jersey. |
Buy | $240M |
