Thursday August 22 2019
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: US
Link: https://bit.ly/2Hk1zFn
On 21st August 2019, Miami International Holdings, Inc. (MIH), the parent holding company of the MIAX® , MIAX PEARL™ and MIAX Emerald™ options exchanges (the MIAX Exchange Group™), and Advanced Fundamentals, LLC (Advanced Fundamentals) announced that they have partnered to develop a complex of proprietary financial products based on Advanced Fundamentals’ commercial real estate indexes (CRE Indexes).
As part of this partnership, MIH has been granted an exclusive, worldwide license to develop and commercialize financial products based on the CRE Indexes. These products will be available exclusively on the MIAX Exchange Group. The first tranche of products, cash-settled options and futures on the CRE Indexes, are expected to be listed in 2020. All products remain subject to SEC and CFTC approval, respectively
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