MIAX expands futures operations with OCC clearing membership for Dorman Trading
Miami International Holdings is expanding its futures market infrastructure by making Dorman Trading a clearing member of The Options Clearing Corporation. The move comes alongside a $40 million capital increase that lifts the futures commission merchant's adjusted net capital to about $68 million as of August 31, 2026.
Highlights
- MIAX's Dorman Trading becomes a clearing member of The Options Clearing Corporation, enabling cost and operational efficiencies for trading Bloomberg equity index futures on MIAX Futures.
- MIAX Futures will offer trading in Bloomberg equity index futures—including Tini B100 Index Futures, Tini B500 Index Futures, and B500 Index Futures—starting May 17, 2026.
- MIAX increased Dorman Trading's net capital by $40 million to approximately $68 million as of August 31, 2026, strengthening client support and growth capacity.
Clearing access supports futures growth
As reported by Miami International Holdings, citing MIAX Exchange, Miami International Holdings says its full-service futures commission merchant, Dorman Trading, is now a clearing member of The Options Clearing Corporation, the world's largest equity derivatives clearing organization.The company says the OCC membership allows the FCM to offer clients cost and operational efficiencies when trading Bloomberg equity index futures recently launched on MIAX Futures. Thomas P. Gallagher, chairman and chief executive officer of MIAX, says the membership is a major milestone that supports the company's strategy of reducing operational burdens for clients trading financial futures on the venue.
MIAX Futures begins trading in Bloomberg equity index futures on May 17, 2026, including Tini B100 Index Futures, Tini B500 Index Futures and B500 Index Futures.
Capital increase strengthens client support
MIAX also says it has increased net capital in the FCM by $40 million, bringing adjusted net capital to approximately $68 million as of August 31, 2026. Gallagher says the additional capital positions the business to accelerate its growth strategy and improve its ability to support a broader client base.The announcement highlights MIAX's effort to build out its regulated financial markets business across asset classes while adding clearing and balance-sheet capacity to support its futures operations in the U.S.
In our earlier coverage of the Trump–Xi summit in Washington, we explained how U.S. equity futures were weakening as markets digested heightened geopolitical risks alongside rising oil prices and higher bond yields. We also noted that expectations for another Federal Reserve rate hike were increasing, keeping risk appetite fragile ahead of policy discussions on AI, Taiwan, and the Middle East.