August 22, 2013

MIAX Options Exchange Announces Equity Rights Program For Members of the Exchange

Princeton, NJ – August 22, 2013 – The MIAX Options Exchange (“MIAX” or the “Exchange”) announced today that it anticipates implementing an equity rights program for Exchange members (the “Program”). Under the Program, participating Exchange members would be issued units representing the right to acquire equity in the MIAX’s parent holding company, Miami International Holdings, Inc., in exchange for a cash payment and the achievement of certain volume thresholds on the Exchange over a 23 month period. The purpose of the Program is to promote the long-term interests of MIAX by providing incentives designed to encourage MIAX market participants to contribute to the growth and success of MIAX, by being active liquidity providers and takers to provide enhanced levels of trading volume to MIAX’s market, through an opportunity to increase their proprietary interests in MIAX’s enterprise value. The implementation of the Program remains subject to review by the Securities and Exchange Commission and the publishing of a Form 19b-4 filing for notice and comment.

Thomas P. Gallagher, MIAX’s Chairman and Chief Executive Officer said, “As of today, a number of Exchange members have expressed strong interest in participating in the Program. In addition, the Program is open to all MIAX market participants generally.” Continued Gallagher, “The implementation of this Program is part of the Exchange’s overall business strategy to create a compelling trading venue and increase its market share in the U.S. equity options space. We are looking forward to the completion of this next major milestone in the development of MIAX as the Exchange approaches its 4 th operating quarter since launch in December 2012.”

For further information, please see MIAX Regulatory Circular 2013-52 for the Program available at www.MIAXOptions.com.

Corporate Communications Contact:
Dominique Prunetti-Miller
609-897-1465
dprunetti@miami-holdings.com

About MIAX and MIH
MIAX, which commenced operations on December 7, 2012, is a fully electronic options trading exchange approved by the SEC as a national securities exchange on December 3, 2012. MIAX has assembled a team with deep rooted experience in developing, operating and trading on options exchanges. Its trading platform has been developed in-house and designed from the ground up for the unique functional and performance demands of derivatives trading. MIAX Options now lists and trades options on the majority of the top 600 multiply listed classes. The MIAX Options Exchange’s unparalleled system throughput is in excess of 24 million quotes per second. The average latency for a single quote on MIAX is 27.6 microseconds for a full round trip. At the 99th percentile, the latency on MIAX is 39.7 microseconds. At the 99.9th percentile, the latency on MIAX is 56.4 microseconds. The MIAX executive offices and technology development center as well as the National Operations Center for the MIAX Options Exchange are located in Princeton, New Jersey.

MIAX and Miami International Technologies, LLC (MIAX Technologies) are wholly-owned subsidiaries of Miami International Holdings, Inc. (MIH). MIAX Technologies is the Company’s technology subsidiary for the sale and/or license of the MIAX trading technology. MIAX intends to launch the MIAX Equities Exchange and plans to pursue Latin American equity listings. The launch of the MIAX Equities Exchange is subject to SEC approval. The MIAX Futures Exchange is also planned as a follow-on initiative. The launch of the MIAX Futures Exchange is subject to CFTC approval

Disclaimer and Cautionary Note Regarding Forward-Looking Statements
The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of MIH, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning the plans, objectives, expectations and intentions and other statements that are not historical or current facts of MIH, together with its subsidiaries, including MIAX (the “Company”). Forward-looking statements include, but are not limited to, statements about the possible or assumed future results of operations of the Company; the competitive position of the Company; potential growth opportunities available to the Company; the expectation with respect to securities, options and future markets and general economic conditions; the effects of competition on the Company’s business; and the impact of future legislation and regulatory changes on the Company’s business. Forward-looking statements are based on the Company’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements.