Wall Street Sur with Tom Gallaguer, Chairman & CEO at MIAX, Sep. 14, 2026

Tom, founder and CEO of MIAX (Miami Stock Exchange), discusses the creation of America's first trading floor in 50 years, launched during the pandemic. The exchange has captured nearly 20% market share through superior technology—particularly low-latency performance that proved crucial during the March 2020 market volatility—attracting major clients like Citadel, Susquehanna and Interactive Brokers.

MIAX has expanded beyond options into futures, partnering with Bloomberg on the B500 index products and launching its own Onyx trading platform. The company entered prediction markets through a joint venture with Robinhood and Susquehanna, retaining a 10% stake. Tom emphasizes the exchange's commitment to Miami's community, noting its diverse international shareholder base including many from Latin America, intern programs, and plans to develop financial talent in South Florida as part of building "Wall Street South."