Miami International Holdings, Inc. (MIH) announced today that Troy Kane has joined the company as President of the Minneapolis Grain Exchange (MGEX) where he will be responsible for the day-to-day operations of the exchange.

Troy Kane

Mr. Kane has also been appointed CEO of MIAX Futures, a newly formed company that will manage MIH’s futures business where he will be responsible for developing the company’s futures business strategy.

Mark Bagan will continue as CEO of MGEX during a transition period after which he is expected to continue with MGEX as Executive Vice Chairman of the Board.

“Troy brings a wealth of experience and expertise to his new role as President of MGEX and CEO of MIAX Futures, and we are excited to welcome him to MIH’s executive management team,” said Thomas P. Gallagher, Chairman and CEO of MIH . “We look forward to leveraging Troy’s deep knowledge of capital markets, industry relations and extensive industry expertise to accelerate a number of key strategic initiatives for our future exchanges.”

Mr. Kane joins MIAX after serving as Chief Operating Officer, Counterparty Strategy and Global Head of Derivatives and FICC Development at Citadel Securities where he managed Citadel Securities’ strategic partnerships with exchanges, banks and vendors. He was also responsible for the firm’s business development and market structure support in futures, options and fixed income products globally and equity products in the Americas.

Prior to Citadel Securities, Mr. Kane served as Senior Director, Head of Strategy for Financial and OTC Products at CME Group where he was responsible for coordinating development and execution for financial and OTC strategies, technology and key strategic initiatives. of CME’s business lines.

Prior to CME, Mr. Kane was Global Head of Algorithmic Business Development at BGC Partners and Chief Operating Officer at Eagle Seven.

Prior to these roles, Mr. Kane held various roles within the CME Group, including managing proprietary trading client relationships, supporting CME Globex operations and managing the day-to-day operations of e-cbot and a/c /e Global Electronic Trading Systems by CME. Mr. Kane began his career as a floor clerk at Kane Trading in the grain and oilseed pits at the Chicago Board of Trade.

Mr. Kane earned a bachelor’s degree in commerce from DePaul University and a master’s degree in business administration from Roosevelt University.


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