About MGEX
MGEX is a company based in Minneapolis (United States) founded in 1881 was acquired by MIAX Options in August 2020.. MGEX offers products and services including MIAX Options, MIAX Pearl, MIAX Emerald, MIAX Sapphire, and MIAX Futures. MGEX operates in a competitive market with competitors including Xpansiv, XCHG, FXSpotStream, Bullion Asset Management and Orion Metal Exchange, among others.
- Headquarter Minneapolis, United States
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Miami International Holdings, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
MIAX Options
(Aug 14, 2020)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of MGEX
MGEX offers a comprehensive portfolio of products and services, including MIAX Options, MIAX Pearl, MIAX Emerald, MIAX Sapphire, and MIAX Futures. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for trading U.S. options with pro-rata allocation
System for equities trading using price-time priority
Exchange with pro-rata model and maker-taker pricing
New market for enhanced liquidity and price discovery
Platform for futures and options on exclusive products
Funding Insights of MGEX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MGEX
MGEX has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MIAX. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
MIAX is operated as a global exchange group for capital markets.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by MGEX
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - MGEX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mgex Comparisons
Competitors of MGEX
MGEX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Xpansiv, XCHG, FXSpotStream, Bullion Asset Management and Orion Metal Exchange, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Offsets and renewable energy marketplace
|
|
| domain | founded_year | HQ Location |
Operates as a commodity exchange for trading services.
|
|
| domain | founded_year | HQ Location |
Offers multibank API and GUI for foreign exchange and precious metals trading services.
|
|
| domain | founded_year | HQ Location |
Bullion assets are managed through commodity exchange operations.
|
|
| domain | founded_year | HQ Location |
Offers precious metal investment, IRA setup, storage, and buyback services.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Mgex
Frequently Asked Questions about MGEX
When was MGEX founded?
MGEX was founded in 1881.
Where is MGEX located?
MGEX is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Who is the current CEO of MGEX?
Mark Bagan is the current CEO of MGEX.
What does MGEX do?
MGEX was established in 1881 in Minneapolis, United States, as a commodity exchange. Operations focus on the trading of agricultural and other commodity futures contracts. Services include clearing and settlement processes for members. The exchange operates within the financial sector, serving traders and hedgers across the Midwest region and beyond. Leadership is provided by CEO and President Mark Bagan.
Who are the top competitors of MGEX?
MGEX's top competitors include Xpansiv, Bullion Asset Management and XCHG.
What products or services does MGEX offer?
MGEX offers MIAX Options, MIAX Pearl, MIAX Emerald, MIAX Sapphire, and MIAX Futures.
Who are MGEX's investors?
MGEX has 1 investor. Key investors include MIAX.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.