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The International Stock Exchange Reports Record New Listings in 2025

The International Stock Exchange (TISE), a fully-owned subsidiary of Miami International Holdings, Inc. (MIAX), has set an impressive milestone by listing a record 1,140 securities in the year 2025. This marks a notable increase of 19.7% compared to previous years, indicating the exchange’s growing prominence in the financial sector. At the close of 2025, TISE's Official List comprised 4,818 securities, reflecting a 7.4% growth year-on-year. Moreover, the total market value of these listed securities reached a staggering £797 billion, a 12.6% rise from the prior year.

Cees Vermaas, CEO of TISE, expressed his enthusiasm about this record achievement: “I am delighted to report a record number of new listings on TISE during 2025. It has been a milestone year for the exchange, especially following MIAX's acquisition in June.” He emphasized TISE's robust growth, reinforcing its position as a leading venue for bond listings aimed at qualified investors.

Highlights from 2025

The year 2025 also saw remarkable advancements in specific categories of securities:

• - Private Equity Debt Securities: The total number of such listings reached 2,135, with 407 new entries reflecting an 18.7% year-on-year growth.
• - High Yield Bonds: The listings surged to 533, with 220 new bonds added, showcasing a remarkable increase of 74.6% from the previous year.
• - Securitization Bonds: This sector welcomed 150 new securitization entries, lifting the total to 631 and representing an 8.7% year-over-year increase.

Additionally, TISE’s equity listing rules for specialist companies made significant strides. The revised rulebook, designed to adapt to changing market expectations, successfully streamlined both initial application processes and ongoing obligations for certain entities, such as Special Purpose Vehicle (SPV) holding companies and closely held Real Estate Investment Trusts (REITs). As of December 31, 2025, 27 securities were admitted under these new rules.

In terms of UK REITs, TISE is now home to 41 such listings, earning the title of the largest market for listed UK REITs. Further highlighting TISE’s commitment to important causes, the total value of listings supporting environmental, social, and sustainable initiatives reached £32.2 billion by year-end. This achievement reflects a remarkable increase of 25.3% compared to the previous year.

Geographically, TISE has drawn issuers from 38 different territories. Notably, the UK remained the largest contributor, accounting for 46.9% of new listings, while an impressive 31.1% made their debut from the European Union, underscoring the increasingly international aspect of TISE's operations.

About TISE

The International Stock Exchange provides critical financial markets and securities services for businesses around the globe, focusing on featuring diverse financial instruments such as high yield bonds, structured finance products, and securitization transactions. Headquartered in Guernsey, Channel Islands, TISE operates its Qualified Investor Bond Market (QIBM) as a major hub for these sectors, along with offering a sustainable finance segment named TISE Sustainable. More information about TISE can be found at www.tisegroup.com.

About MIAX

Miami International Holdings, Inc. (NYSE: MIAX) is recognized as a leading technology-driven entity specializing in the establishment and maintenance of regulated financial markets across a variety of asset classes and geographic locations. MIAX operates eight exchanges, including those for options, futures, and equities, alongside the International Stock Exchange. For more details about MIAX, visit www.miaxglobal.com.

While these developments signify a strong outlook for TISE and MIAX in the financial markets, it’s important for potential investors to consider risks associated with future predictions and statements made by the companies involved, which may be influenced by various uncertainties in the marketplace.