Miami officially opens the first national trading floor in its history
- Jake Nicholas
- 4 days ago
- 1 min read
MIAX Sapphire, a 38,400-square-foot options trading floor, is now operating in Wynwood—marking the first national securities exchange to establish a trading floor in Miami and only the second open outcry floor to debut in the past 50 years.
Located on the ninth floor of the 545 Wyn building, the facility features panoramic skyline views, a Bloomberg TV studio, and a cutting-edge trading environment engineered for precision, liquidity, and speed.
“Miami is quickly emerging as a major global financial center as a result of its business climate, favorable tax advantages, and expanding talent pool of financial services professionals,” said Thomas P. Gallagher, Chairman and CEO of MIAX. “Launching the city’s first trading floor reinforces Miami’s growing reputation as Wall Street South.”
The new facility expands MIAX’s footprint in its namesake city and complements its electronic exchange, which launched in August 2024. MIAX Sapphire joins a global network of nine exchanges operated by Miami International Holdings, spanning options, futures, equities, and international markets.
