MIAX Chairman and CEO Thomas P. Gallagher Named Chief Executive of the Year by FOW

Rhea-AI Summary

Miami International Holdings (NYSE: MIAX) announced that Chairman and CEO Thomas P. Gallagher was named Chief Executive of the Year at the FOW International Awards on February 12, 2026.

Gallagher, a principal founder and chairman since 2008, led MIAX through its 2025 IPO and secondary offering, the launch of MIAX Futures Onyx and MIAX Sapphire, the strategic sale of 90% of MIAXdx, and the acquisition of TISE.

Positive

• CEO Thomas P. Gallagher named Chief Executive of the Year (Feb 12, 2026)
• 2025 IPO and secondary offering completed under Gallagher's leadership
• Expansion to eight exchanges across options, futures, equities, and international markets
• Launch of MIAX Futures Onyx trading platform and MIAX Sapphire options floor
• Acquisition of TISE completed in 2025

Negative

• Strategic sale of 90% of MIAXdx reduces company ownership of that unit
• Completed secondary offering in 2025 represents a capital action affecting shareholders

News Market Reaction

+1.35%

1 alert

+1.35% News Effect

On the day this news was published, MIAX gained 1.35%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Chairman since: 2008 CEO since: 2012 Number of exchanges: 8 exchanges +5 more

8 metrics

Chairman since 2008 Thomas P. Gallagher became chairman in 2008

CEO since 2012 Began leading the company in 2012 with first options exchange launch

Number of exchanges 8 exchanges Current global exchange group operations across asset classes

Stake in MIAXdx sold 90% Strategic sale of 90% of MIAXdx announced in 2025

Years of contributions 18 years Gallagher referenced team’s contributions over the past 18 years

FOW awards history Over two decades FOW International Awards have operated for over two decades

Award year 2026 Chief Executive of the Year at FOW International Awards 2026

Ownership in MIAXdx retained 10% MIAX retains 10% equity stake in MIAXdx per prior disclosure

Market Reality Check

Price: $40.89 Vol: Volume 1,972,025 is 1.9x ...

high vol

$40.89 Last Close

Volume Volume 1,972,025 is 1.9x the 20-day average of 1,037,683, indicating elevated trading interest ahead of this leadership recognition news. high

Technical Price at 41.58 is trading slightly below the 200-day MA of 41.99, with shares mid-range between the 52-week high 51.375 and low 28.63.

Peers on Argus

MIAX shares were up 1.12% with strong volume, while key peers like CLSK, HUT, ET...

1 Up

MIAX shares were up 1.12% with strong volume, while key peers like CLSK, HUT, ETOR, MRX, and CIFR showed mixed to negative moves. Only MRX appeared in momentum data, up 3.83%, suggesting today’s action was more company-specific than a broad capital markets sector move.

Historical Context

5 past events · Latest: Feb 09 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 09	Earnings call scheduled	Neutral	-2.1%	Set Q4 2025 earnings release and conference call date and logistics.
Feb 06	Monthly trading results	Positive	+1.1%	Reported January 2026 ADV and market share gains across MIAX Exchange Group.
Feb 05	Subsidiary listing results	Positive	+2.7%	TISE announced record 2025 listings and growth in key bond and ESG categories.
Jan 21	Strategic asset sale	Positive	+2.5%	Completed sale of 90% of MIAXdx to joint venture, retaining 10% equity stake.
Jan 08	Full-year trading update	Positive	+0.8%	Reported record 2025 options volume, ADV, and Q4 market share across exchanges.

Pattern Detected

Recent operational and strategic updates have generally coincided with positive next-day price reactions, suggesting the stock has rewarded volume and market-share growth headlines.

Recent Company History

Over recent months, MIAX has highlighted strong trading metrics and strategic milestones. Record 2025 volumes and rising market share were followed by further January 2026 ADV gains and a 17.6% group market share. MIAX also completed the sale of 90% of MIAXdx while retaining a 10% stake, and TISE reported record listings growth. Even a neutral earnings-date announcement, set for February 25, 2026, fit within a cadence of steady disclosure, against which this leadership award underscores execution.

Market Pulse Summary

This announcement highlights external recognition of MIAX’s leadership after a period marked by reco...

Analysis

This announcement highlights external recognition of MIAX’s leadership after a period marked by record trading activity, market share gains, and the MIAXdx stake sale. The Chief Executive of the Year award from FOW underscores execution in expanding to eight exchanges and completing an IPO and secondary offering. In context of recent operational momentum and regulatory filings, investors typically monitor upcoming earnings on February 25, 2026 and future volume metrics to gauge ongoing performance.

Key Terms

initial public offering, secondary offering, options exchanges, trading platform, +1 more

5 terms

initial public offering financial

"In 2025, Mr. Gallagher led the company through its initial public offering"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

secondary offering financial

"In 2025, Mr. Gallagher led the company through its initial public offering and secondary offering"

A secondary offering is when a company sells new shares of its stock to the public after its initial sale. This allows existing shareholders or the company itself to raise additional money. For investors, it can impact the stock’s price by increasing the total number of shares available, which may influence the stock’s value and how the market perceives the company’s financial health.

options exchanges technical

"when the first of its MIAX electronic options exchanges launched"

Options exchanges are organized marketplaces where people buy and sell options—contracts that give the right to buy or sell a stock at a set price by a certain date. They matter to investors because they concentrate buyers and sellers, set transparent prices and rules, and provide liquidity and risk-management tools; think of an options exchange as a regulated farmers’ market where standardized coupons trade so participants can hedge, speculate, or lock in prices.

trading platform technical

"the launch of the MIAX Futures Onyx trading platform"

A trading platform is the software or website people use to buy and sell stocks, bonds, ETFs and other investments, showing live prices, order options and account details in one place. It matters to investors because the platform affects how quickly and cheaply trades happen, how easily you access research and risk controls, and ultimately the returns you keep — like choosing between a crowded market stall and a well-organized supermarket for your shopping.

derivatives industry financial

"leadership across the global derivatives industry"

A network of firms, markets and service providers that create, trade and clear financial contracts whose value comes from other assets like stocks, bonds, currencies or commodities. Think of these contracts as customized insurance policies or bets tied to the future price of something; they let investors hedge risk, take leveraged positions or gain exposure without owning the underlying asset. Because derivatives can amplify gains or losses and move quickly across markets, activity in this industry affects liquidity, volatility and overall financial stability—so investors watch it to gauge risk and opportunity.

AI-generated analysis. Not financial advice.

PRINCETON, N.J. and MIAMI, Feb. 13, 2026 /PRNewswire/ -- Miami International Holdings, Inc. (MIAX^®) (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today announced that its Chairman and CEO Thomas P. Gallagher was named Chief Executive of the Year at the FOW International Awards 2026 held on February 12 in London.

Mr. Gallagher is one of MIAX's principal founders, becoming chairman in 2008 and leading the company since 2012 when the first of its MIAX electronic options exchanges launched. Since then, he has overseen MIAX's growth from a single options exchange to a global exchange group currently operating eight exchanges across options, futures, equities, and international markets. In 2025, Mr. Gallagher led the company through its initial public offering and secondary offering, the launch of the MIAX Futures Onyx trading platform, the announcement of its strategic sale of 90% of MIAXdx, the launch of the MIAX Sapphire options trading floor in Miami, and the acquisition of TISE.

"I am deeply honored to be recognized with this prestigious award by FOW," said Mr. Gallagher in his acceptance remarks. "Receiving this award means a great deal since this past year has been nothing short of extraordinary for MIAX and it reflects the significant milestones we have achieved. As you know, success is never a solo effort and I would like to dedicate this award to the entire MIAX team for its vision, commitment, and contributions over the past 18 years. Thank you again to FOW and the editorial team for this tremendous honor and congratulations to this year's other winners."

For over two decades, the FOW International Awards have celebrated excellence, innovation, and leadership across the global derivatives industry. Established as one of the most trusted accolades in the market, these awards spotlight firms and individuals whose achievements are redefining the future of derivatives.

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

What award did MIAX CEO Thomas P. Gallagher win on February 12, 2026?

He won Chief Executive of the Year at the FOW International Awards on February 12, 2026. According to the company, the award recognized leadership after a year of IPO, platform launches, a major divestiture, and an acquisition.

How did Thomas P. Gallagher lead MIAX in 2025 and what were the key transactions?

Gallagher led MIAX through its 2025 IPO and secondary offering and several strategic moves. According to the company, 2025 also saw platform launches, a 90% MIAXdx sale, and the acquisition of TISE.

What is the significance of MIAX selling 90% of MIAXdx for shareholders?

The sale transferred 90% ownership of MIAXdx to a strategic buyer, reducing MIAX's stake in that business. According to the company, this was described as a strategic sale completed in 2025.

Which new trading platforms and facilities did MIAX launch under Gallagher's leadership?

MIAX launched the MIAX Futures Onyx platform and the MIAX Sapphire options trading floor in Miami. According to the company, both launches were completed during 2025 as part of expansion efforts.

How extensive is MIAX's exchange footprint after its recent expansions and acquisition?

MIAX now operates eight exchanges spanning options, futures, equities, and international markets. According to the company, this footprint reflects growth from a single options exchange to a global exchange group.