Fintech PR
Miami International Holdings Receives 2025 TabbFORUM NOVA Award
MIAMI and PRINCETON, N.J., April 3, 2025 /PRNewswire/ — Miami International Holdings, Inc. (MIH), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today announced that it was selected as a 2025 TabbFORUM NOVA Award honoree. The awards highlight the financial industry’s ongoing commitment to technology-driven innovation by recognizing organizations for their outstanding recent and sustained achievements. MIH was previously selected as an honoree in 2023.
“MIH is honored to once again be recognized among such an elite group of our peers,” said Thomas P. Gallagher, Chairman and Chief Executive Officer of MIH. “A number of new MIAX® proprietary technology projects were implemented over the past year and this award underscores our talented team’s innovative approach to scaling our technology.”
MIH recently launched a new trading and settlement technology platform for The Bermuda Stock Exchange (BSX) utilizing MIAX proprietary trading, middle and back office technology. Additionally, MIH is set to launch its MIAX Futures™ Onyx platform in June 2025, which will complete the modernization of the entire MIAX Futures trading and clearing infrastructure. MIH will also launch its MIAX Sapphire Trading Floor, the physical counterpart to its fourth electronic options exchange, in June 2025 in Miami, Florida.
“Technology-driven innovation is in MIH’s DNA and we are grateful to be recognized by the industry for the benefits that our technology provides to our market participants,” said Douglas M. Schafer Jr., Executive Vice President and Chief Information Officer of MIH. “Our team remains dedicated to building high performance trading systems recognized for their speed, performance and reliability that are designed to meet the unique demands of industry stakeholders.”
The third annual TabbFORUM NOVA Awards honor the financial industry’s ongoing commitment to technology-driven innovation by recognizing 40 organizations for their outstanding recent and sustained achievements. These selections from across the capital markets are the result of TabbFORUM research with consideration given to nominations and recommendations solicited from the community. The NOVA Awards consider the role of innovation not only in an organization’s performance, but also industry impact and leadership.
About MIAX
MIAX’s parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), MIAX Sapphire LLC (MIAX Sapphire™), MIAX Futures Exchange, LLC (MIAX Futures™), MIAX Derivatives Exchange (MIAXdx™), The Bermuda Stock Exchange (BSX) and Dorman Trading, LLC (Dorman Trading).
MIAX, MIAX Pearl, MIAX Emerald and MIAX Sapphire are national securities exchanges registered with the Securities and Exchange Commission that are enabled by MIAX’s in-house built, proprietary technology. MIAX offers trading of options on all four exchanges as well as cash equities through MIAX Pearl Equities™. The MIAX trading platform was built to meet the high-performance quoting demands of the U.S. options trading industry and is differentiated by throughput, latency, reliability and wire-order determinism.
MIAX Futures is a registered exchange with the Commodity Futures Trading Commission (CFTC) and offers trading in a variety of products including Hard Red Spring Wheat Futures. MIAX Futures is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM and DCO services in an array of asset classes.
MIAXdx is a CFTC regulated exchange and clearinghouse and is registered as a Designated Contract Market (DCM), Derivatives Clearing Organization (DCO), and Swap Execution Facility (SEF) with the CFTC.
BSX is a fully electronic, vertically integrated international securities market headquartered in Bermuda and organised in 1971. BSX specialises in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants, and insurance linked securities. BSX is a full member of the World Federation of Exchanges and holds a seat on its Board of Directors. BSX is also an affiliate member of International Organization of Securities Commissions (IOSCO).
Dorman Trading is a full-service Futures Commission Merchant registered with the CFTC.
MIAX’s executive offices and National Operations Center are located in Princeton, N.J., with additional U.S. offices located in Chicago, IL and Miami, FL. MIAX Futures offices are located in Minneapolis, MN. MIAXdx offices are located in Princeton, N.J. BSX offices are located in Hamilton, Bermuda. Dorman Trading offices are located in Chicago, IL.
To learn more about MIAX visit www.miaxglobal.com.
To learn more about MIAX Futures visit www.miaxglobal.com/miax-futures.
To learn more about MIAXdx visit www.miaxdx.com.
To learn more about BSX visit www.bsx.com.
To learn more about Dorman Trading visit www.dormantrading.com.
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 Miami International Holdings, Inc. (together with its subsidiaries, the Company), 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. 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 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.
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.
Media Contact:
Andy Nybo, SVP, Chief Communications Officer
(609) 955-2091
anybo@miaxglobal.com
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View original content:https://www.prnewswire.co.uk/news-releases/miami-international-holdings-receives-2025-tabbforum-nova-award-302419782.html
Fintech PR
United Risk Names Amezquita, Cahill to Top Roles as Expansion Meets Market Opportunities, Challenges
Accomplished executives add experience and depth to multiple aspects of complex financial, reinsurance and related operations
NEW YORK, April 14, 2025 /PRNewswire/ — Mr. Jamie Sahara, President, Applied Underwriters, has announced leadership appointments to continue to spur the growth of its United Risk group. Mr. Alex Amezquita has been named CFO of United Risk, succeeding Jay Cahill who has been appointed to head United Risk’s newly formed reinsurance division as its CEO. The appointments, effective immediately, will find Mr. Amezquita as CFO managing the financial operations of United Risk’s many divisions in key insurance, surety, and other specialty areas; Mr. Cahill, in turn, will commence the organization of the new multi-line reinsurance MGA and be set to serve brokers, cedents and other clients in property, casualty, cyber, and credit risk areas underwriting select placements for June, July and October 2025 renewals while establishing fully operational offices in New York, London and Bermuda for January 1, 2026 placements, according to Mr. Sahara.
“These key appointments underline the direction United Risk is taking as our dramatic growth across and within the various sectors we underwrite rapidly continues. We assemble top professional talent, and then we encourage them to lead in the specific area in which their considerable experience, accomplishment, and market intelligence lies,” according to Mr. Sahara, who added: “In Alex Amezquita we have a dynamic, driven financial leader with the serious hands-on experience of running complex businesses, from M&A to managing a global public company. In that same vein, Jay Cahill brings a lot of additional energy to our underwriting team, adding substantially to the combined power of the existing 28 thriving programs. United Risk’s program leaders have driven growth and adapted to actual market changes and challenges quickly and creatively. As the reinsurance market hardens, like our continuing and successful E&S strategy, when it makes sense, we will focus on offering reinsurance rather than insurance. This is a plan that Jay Cahill is uniquely qualified to execute.”
Mr. Amezquita stated: “This is an important opportunity allowing me to engage all of my experience and skills in an organization with strong and disciplined fundamentals that is building ambitiously upon a firm foundation. The future of United Risk is extremely promising, and I am pleased to join the team that will realize it.”
Mr. Cahill noted his personal passion for structuring reinsurance transactions for the benefit of brokers and their clients: “The hard reinsurance market poses challenges together with great opportunities for those with the right resources and a staff with ease and facility in deploying them. This will be the advantage our growing of the United Risk team will deliver.”
Alex Amezquita joins United Risk as CFO having served as CFO of Herbalife; as Senior Vice President at Moelis & Company, a global investment bank; and as a Principal, Centerview Partners, a boutique investment bank.
Jay Cahill, formerly CFO at United Risk, has been named CEO of United Risk’s newly formed multi-line reinsurance MGA. Prior to joining United Risk, Mr. Cahill served as Managing Director, Awbury, from 2021 to 2024, responsible for ceded reinsurance and third-party capital, specialty, professional lines, property retro underwriting and new business development. Prior to that he was global head of credit and financial lines at RenaissanceRe.
About United Risk Global (www.unitedrisk.global)
United Risk Global is an international property and casualty insurance underwriting and distribution platform independently owned and operated by its practice partners and affiliated with Applied Underwriters operationally and through its common and powerful brand identity. United Risk’s home office is located at 50 Rockefeller Plaza in New York.
About Applied Underwriters (www.auw.com)
Applied Underwriters® is a global risk services firm that helps businesses and people manage uncertainty through its business services, insurance and reinsurance solutions. As a company, Applied Underwriters has been distinguished by its innovative approaches to client care and by its strong financial strength. Applied Underwriters operates widely throughout the US, UK, EU and Middle East. Its operational headquarters is located in Omaha, Nebraska.
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View original content:https://www.prnewswire.co.uk/news-releases/united-risk-names-amezquita-cahill-to-top-roles-as-expansion-meets-market-opportunities-challenges-302427382.html
Fintech PR
NYSE Content Advisory: Pre-Market update: NYSE President reassures U.S. market infrastructure is resilient
NEW YORK, April 14, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.
Kristen Scholer delivers the pre-market update on April 14th
- Policy questions continued over the weekend after comments from President Trump and Commerce Secretary Howard Lutnick.
- The S&P 500 is up early Monday after tariff adjustments last week led to record volatility on Wall Street.
- NYSE President Lynn Martin recently assured the trading community that the NYSE has, “met the challenge posed by recent volatility.”
Read NYSE President Lynn Martin’s CNBC Op-ed Here
Opening Bell
MSNBC Films, Sky Studios, Paradine Productions, and White Horse Pictures celebrate the upcoming premiere of documentary series, “David Frost Vs.”
Closing Bell
Executives and guests of IonQ (NYSE: IONQ) celebrate World Quantum Day
Download the NYSE TV App and Subscribe Here
Video – https://mma.prnewswire.com/media/2663980/NYSE_April_14_Update.mp4
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View original content:https://www.prnewswire.co.uk/news-releases/nyse-content-advisory-pre-market-update-nyse-president-reassures-us-market-infrastructure-is-resilient-302427613.html
Fintech PR
Inveniam Acquires Hedgehog to Build Intelligent Data Infrastructure for Private Markets and Power Scalable Agentic AI
NEW YORK, April 14, 2025 /PRNewswire/ — Inveniam Capital Partners, a leading data management platform for private market assets, today announced the acquisition of Hedgehog Invest Limited, an end-to-end digital platform for real-world asset investment. This strategic move advances Inveniam’s mission to provide the data infrastructure Agentic AI requires to access, scale, and analyze the world’s largest and least-digitized capital markets.
Inveniam and Hedgehog will accelerate AI adoption by transforming fragmented data into verifiable, auditable digital assets—powering automation, real-time pricing, and trusted analytics across tokenized securities, funds, derivatives, and ETFs.
“This acquisition is not about incremental efficiency—it’s about foundational transformation,” said Patrick O’Meara, Chairman and CEO of Inveniam. “With the Hedgehog team—comprised of multidisciplinary professionals with deep expertise in private markets, technology development, and blockchain solutions—we are able to scale our business more quickly. In addition, by integrating their existing infrastructure tools for tokenizing and distributing real-world assets, we are building the rails for digital, crypto, and cloud-based trading of alternative asset classes globally.”
With Hedgehog’s tokenization infrastructure now integrated, Inveniam delivers an AI-ready solution for structuring, trading, and distributing private assets across real estate, private credit, private equity, and infrastructure—bringing automation to traditionally illiquid markets.
“By joining forces with Inveniam, we’re transforming how private market assets are managed and traded,” said Michael Ward, Co-Founder of Hedgehog. “Our combined technologies will redefine the use of private datasets, paving the way for the systematic trading of private market assets,” said Rob Lamb, Co-Founder of Hedgehog.
This partnership addresses four major trends:
- Growth of institutional private markets
- Intelligent edge-based data systems
- Rise of tokenized real-world assets
- AI-powered data orchestration
About Inveniam
Inveniam is a data operating system for private market assets, bringing access, transparency, and trust to asset performance data. The company is building the foundation for scalable AI integration, data marketplaces in private finance, and the systematic trading of private market assets.
About Hedgehog
Hedgehog provides infrastructure for tokenized private asset investments, supporting both primary issuance and secondary trading, democratizing access to private markets through intuitive digital solutions.
View original content:https://www.prnewswire.co.uk/news-releases/inveniam-acquires-hedgehog-to-build-intelligent-data-infrastructure-for-private-markets-and-power-scalable-agentic-ai-302427189.html
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