Miami International Holdings Announces the Passing of Board Member Murray Stahl

Rhea-AI Summary

Miami International Holdings (NYSE: MIAX) announced on April 9, 2026 the passing of board member Murray Stahl. Mr. Stahl served as a MIAX director since July 2025, was a director of MIAX Futures since 2013, and served on the Bermuda Stock Exchange Council since 2014.

He was CEO, chairman and co-founder of Horizon Kinetics, CEO of FRMO Corp, and served on the board of Texas Pacific Land and other privately held companies. MIAX expressed condolences to his family and colleagues.

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In the Apr 9 session, MIAX declined 2.06%, reflecting a moderate negative market reaction.

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PRINCETON, N.J. and MIAMI, April 9, 2026 /PRNewswire/ -- Miami International Holdings, Inc. (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today announced the passing of Murray Stahl, a valued member of its Board of Directors.

"I am deeply saddened by the passing of our beloved friend and colleague Murray Stahl," said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIAX. "Our deepest condolences are with the Stahl family and Murray's colleagues at Horizon Kinetics. He was an exceptional leader and a treasured member of our Board whose spirit and support left a lasting influence on MIAX."

Mr. Gallagher went on to state, "I feel fortunate to have known and worked alongside Murray for over 15 years. He will be remembered not only for his incredible professional achievements, but also for his character, generosity, and the respect he showed to everyone around him. Murray was an early believer in what all of us at MIAX were striving to achieve and we will always be grateful for his steadfast support."

Mr. Stahl served as a director of MIAX since July 2025. He was also a director of MIAX Futures™ since 2013 and a member of the Bermuda Stock Exchange (BSX) Council since 2014, both wholly owned subsidiaries of MIAX. Mr. Stahl was the Chief Executive Officer, Chairman of the Board and co-founder of Horizon Kinetics Holding Corporation, as well as the Chief Executive Officer of FRMO Corp. He served on the boards of Texas Pacific Land Corporation and multiple privately-held companies.

About MIAX
Miami International Holdings, Inc. (NYSE: MIAX) is a technology-driven leader in building and operating regulated financial markets across multiple asset classes and geographies. MIAX^® operates eight exchanges across options, futures, equities and international markets including MIAX^® Options, MIAX Pearl^®, MIAX Emerald^®, MIAX Sapphire^®, MIAX Pearl Equities™, MIAX Futures™, The Bermuda Stock Exchange (BSX) and The International Stock Exchange (TISE). MIAX also owns Dorman Trading, a full-service Futures Commission Merchant. To learn more about MIAX, please visit www.miaxglobal.com.

Disclaimer and Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are based on management's current expectations and are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements. Additional risks and uncertainties that may cause actual results to differ materially include the risks and uncertainties listed in Miami International Holdings, Inc.'s (together with its subsidiaries, the Company) public filings with the Securities and Exchange Commission. In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise.

All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company's use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law.

MIAX Contacts:

Investors
investor.relations@miaxglobal.com 

Media
media@miaxglobal.com 

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SOURCE MIAX

FAQ

Who was Murray Stahl and what roles did he hold at MIAX (NYSE: MIAX)?

Murray Stahl was a MIAX board member with multiple exchange roles and industry leadership. According to the company, he served as a MIAX director since July 2025 and was a director of MIAX Futures since 2013 and a BSX Council member since 2014.

When did Miami International Holdings announce the passing of Murray Stahl (MIAX)?

MIAX announced Murray Stahl's passing on April 9, 2026. According to the company, the statement conveyed condolences and noted his service across MIAX subsidiaries and industry boards.

What other companies and boards was Murray Stahl associated with besides MIAX?

Murray Stahl served as CEO, chairman and co-founder of Horizon Kinetics and CEO of FRMO Corp. According to the company, he also served on the board of Texas Pacific Land and several privately held companies.

How long had Murray Stahl served on MIAX Futures and the Bermuda Stock Exchange Council?

Murray Stahl had long tenures with both entities. According to the company, he was a director of MIAX Futures since 2013 and a member of the Bermuda Stock Exchange Council since 2014.

What did MIAX say about Murray Stahl's contribution to the company (NYSE: MIAX)?

MIAX described Murray Stahl as a valued leader and steadfast supporter whose influence endured. According to the company, his character, professional achievements and long-standing support left a lasting impact on MIAX.