Miami International Holdings, Inc. is set to launch Bloomberg 500 Index futures and options on its MIAX exchanges in the latter half of 2025, pending necessary regulatory approvals and filings.
The MIAX Bloomberg 500 Index Futures will be available on MIAX Futures, contingent upon submissions to the Commodity Futures Trading Commission (CFTC), while the MIAX Bloomberg 500 Index Options will be listed on MIAX Options, following approval from the Securities and Exchange Commission (SEC).
The Bloomberg US Large Cap Price Return Index, designated as the B500 Index, serves as a transparent and rules-based benchmark that represents the 500 largest publicly traded companies in the U.S. This index offers a more accurate depiction of the large-cap segment, compared to indices created through discretionary methods.
The forthcoming Bloomberg 500 Futures and Options products aim to provide competitive pricing, expanded product selection, and more tailored contract sizes, offering both retail and institutional investors a fresh approach to manage their exposure to the U.S. equity market.
A spokesperson expressed enthusiasm for introducing these innovative products to the industry, highlighting their potential to meet the growing demand for effective hedging and risk management solutions within U.S. equities and options markets. The products are designed to cater to both retail and institutional investor preferences, with the Bloomberg 500 Index Futures marking the inaugural financial future anticipated to trade on the new MIAX Futures Onyx trading platform.
Collaboration with a leading financial services firm reflects a strategic focus on broadening the utilization of Bloomberg equity indices across the investment community. The introduction of these new financial instruments aims to satisfy the significant demand for alternative methods to manage long and short positions in one of the world’s most liquid equity markets.