Membership

Our member base represents a broad range of trading firms, order flow providers, and market makers benefitting from our award-winning, proprietary technology platform and superior customer service.

Membership on MIAX Exchanges

We offer memberships on our U.S. and international exchanges for corporations, partnerships, limited liability companies and sole proprietorships. Membership is available through a streamlined application process and membership requirements vary by exchange. See below for additional details on becoming an exchange member.

Contact our Membership Department to coordinate an introductory meeting covering the Membership and Technical Onboarding Process. Members must be broker dealers registered pursuant to Section 15 of the Exchange Act.

Firms interested in becoming a clearing member at MIAX Futures® are required to provide a security deposit of $500,000, meet CFTC minimum financial requirements, and provide required supporting documents.

International firms wishing to become a trading member must incorporate a subsidiary in Bermuda as an exempted company and meet a minimum net capital requirement. Trading membership fees apply. 

There are more than 40 Listing and Trading Members of TISE, including international law firms, corporate service providers and stockbrokers from a variety of international finance centres.
There are three membership options: 

  • Category 1 Listing Member (Listing Agent) – Qualified Investor Bond Market (QIBM)
  • Category 2 Listing Member (Sponsor) – Equity Market
  • Category 3 Trading Member (Trading Member) – All Markets

Being a Member of TISE enables firms to widen their range of issuer services offered to clients. 
Applying for one, or more, of the categories of Membership is straightforward and cost-effective: No fees; a simple application and on-boarding process; support and guidance provided; guaranteed 3-day decision turnaround for completed applications; available for applicants with demonstrable experience; 24-hour response to initial enquiry.

For more information, visit www.tisegroup.com/membership or email membership@tisegroup.com.
 

Equity Rights Programs (ERPs) strategically align industry-leading trading firms, order flow providers, and market makers with MIAX.

In 2013, we established our first of five successful ERPs which are unique performance warrant programs designed to build market share while further aligning us with our trading firms, order flow providers, and market makers. Our ERPs enabled us to develop strong relationships with our core trading firms by giving participants the right to invest in Miami International Holdings, Inc. in exchange for payment of an initial purchase price or the prepayment of certain exchange fees and the achievement of certain liquidity volume thresholds. These programs enhanced liquidity and overall levels of trading volume for other participants on our exchanges and provided upfront capital to support the investment in and growth of MIAX. These relationships also provided opportunities for the company to expand into new marketplaces and asset classes.