Miami International Holdings Promotes Joseph Bracco
On January 21, 2025, Miami International Holdings, Inc. (MIH), a frontrunner in technology-driven regulated financial markets, announced the promotion of Joseph Bracco to the role of Executive Vice President and Global Head of Sales. This significant advancement acknowledges Bracco's exceptional contributions to the company over the years.
MIH's Chairman and CEO, Thomas P. Gallagher, emphasized Bracco's pivotal role in fostering client relationships and driving the company's growth trajectory. Gallagher stated, "Joe's expertise has been instrumental to the growth of MIH, and this promotion is a recognition of his substantial contributions to the company." He highlighted Bracco's ability to execute growth plans in alignment with MIH's expansive vision as a defining factor in the company's success.
Bracco, who joined MIH in 2015, has been a critical player in the company's senior management team. His leadership in sales has been crucial, leveraging comprehensive knowledge of the financial markets across various asset classes. He has cultivated and maintained strong relationships in the trading community, which has significantly contributed to the company's success.
Expressing his gratitude for the new role, Bracco remarked, "I'm incredibly grateful for the opportunity to be a part of MIAX's evolution throughout the last decade. I have proudly contributed to expanding our market share across diverse platforms. I appreciate this recognition and look forward to furthering our presence in the industry as we introduce new products across the U.S. derivatives markets."
With over 40 years of experience in financial markets, Bracco has played a vital role in MIH's strategic direction. His focus includes the initiation and management of relationships within the financial industry and the strategic development of innovative products and trading venues. Bracco's current initiatives center on the launch of the MIAX Sapphire™ trading floor in Miami, expanding product offerings on MIAX Futures™, and strategizing growth for MIAX Pearl Equities™.
Prior to joining MIH, Bracco held significant roles at BATS Global Markets, Inc., where he spent nearly eight years as Senior Vice President. He also accrued over two decades in senior sales and trading positions at Cantor Fitzgerald and its affiliates, eSpeed and BGC Partners. His extensive background in finance has equipped him with the skills needed to lead MIH's ambitious growth plans effectively.
About MIH
Founded with a vision to redefine the landscape of financial markets, Miami International Holdings, Inc. owns several trading platforms, including the Miami International Securities Exchange (MIAX®), MIAX PEARL, MIAX Emerald, and MIAX Sapphire. MIH operates as a technology-led entity, enhancing the efficiency and performance of trading in options and cash equities. Their proprietary technology has set a benchmark for high-performance quoting in the U.S. options trading industry, characterized by low latency and high reliability.
Amidst a rapidly evolving financial environment, MIH, under Bracco's leadership, is poised to continue its trajectory of growth, focusing on innovative products and market expansion. This move signals a commitment not only to their clients but also to their strategic vision centered around excellence and leadership in financial trading services.
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MIAX Global.