MIAX has issued a warning regarding a fraudulent clone website.

Miami International Holdings, Inc. (MIH), owner of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEXTM), The Bermuda Stock Exchange (BSXTM), and Dorman Trading LLC has been made aware of a company and website operated at “www.miaxax.com” through which an entity using the name “MIAX“ has been marketing its platform and services to consumers.

The public is advised that any entity or person associated with this website is not connected or affiliated in any way with MIAX or its subsidiaries. Any assertion of such a connection or affiliation was and is false and misleading.

Clones are fraudulent entities that abuse the business details (name, logo, license number, etc) of authorised companies in order to resemble the authorized companies and defraud the public more easily. In fact, despite their apparent resemblance to the authorised businesses, the clones have nothing to do with the regulated entities.