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Minneapolis Grain Exchange (MGEX), a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), today announced the completion of MIH’s previously announced acquisition of MGEX for a combination of cash and MIH common stock. MGEX will continue as a wholly owned subsidiary of MIH.
Dec 7, 2020 · PRINCETON, NEW JERSEY, US and MINNEAPOLIS, MINNESOTA, US — Miami International Holdings (MIH) has completed the acquisition of Minneapolis Grain Exchange (MGEX) for a combination of cash and MIH common stock. MGEX will continue as a wholly owned subsidiary of MIH.
- Holly Demaree-Saddler
Aug 14, 2020 · As a result of the acquisition, MGEX will become a wholly owned subsidiary of MIH. MIH will continue to maintain the trading and clearing operations of MGEX, including its hard red...
Aug 17, 2020 · As a result of the acquisition, MGEX will become a wholly owned subsidiary of MIH. MIH will continue to maintain the trading and clearing operations of MGEX, including its hard red spring wheat contract, while adding new futures products.
- Arvin Donley
Dec 4, 2020 · MGEX will continue as a wholly owned subsidiary of MIH. With this acquisition, MIH adds a well-established futures platform on which to continue its expansion and which will allow MIH to list both options and futures on new products that will be exclusive to its exchanges.
Nov 25, 2020 · Upon closing, MGEX would become a wholly owned subsidiary of MIH. “We are very pleased that the CFTC has approved the transfer of our Contract Market Designation,” said Mark G. Bagan, president and CEO of MGEX.
MGEX will continue as a wholly owned subsidiary of MIH. With this acquisition, MIH adds a well-established futures platform on which to continue its expansion and which will allow MIH to list both options and futures on new products that will be exclusive to its exchanges.
