Miami International Holdings, Inc. (MIAX) today announced the successful launch of Tini Bloomberg 100 Index Futures launching exclusively on MIAX Futures™.

Additionally, Tini Bloomberg 500 Index Futures will launch on May 31 (June 1 trade date), and Bloomberg 500 Futures will launch on June 7 (June 8 trade date). These three new products will be listed on MIAX Futures and will clear at the Options Clearing Corporation (OCC).

“MIAX’s new products based on Bloomberg indices are designed to help both retail and institutional investors gain and manage exposure to the largest companies in the U.S.,” said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIAX. “We believe that Bloomberg Indices’ transparent, rules-based methodology provides a meaningful structural advantage among competing futures and options market benchmarks, designed to eliminate subjectivity and delays that the market will come to appreciate particularly as the IPO pipeline improves.”

“This launch marks an important step forward in the evolution of equity index markets,” said Emanuele Di Stefano, Head of Index Product, Bloomberg Index Services Limited. “The Bloomberg 500 and 100 were built to set a new standard for U.S. equity benchmarks; transparent, systematically constructed, and designed to quickly adapt to changes in market composition.

Mr. Gallagher added, “We’re grateful to Bloomberg for its ongoing collaboration in the development of these products, and are confident in the long-term opportunity this product suite creates for MIAX, Bloomberg, and our members.”

MIAX previously announced its licensing agreement with Bloomberg Index Services Limited (Bloomberg Indices) to develop a suite of index futures, options on futures, and cash options products based on Bloomberg Indices’ portfolio of benchmarks.