litigation
confidence high
sentiment positive
materiality 0.85
MIAX wins dismissal with prejudice of all claims in patent litigation with Nasdaq
MIAMI INTERNATIONAL HOLDINGS, INC.
- U.S. District Court for New Jersey dismissed all claims and counterclaims with prejudice on July 20, 2026.
- MIAX is free to operate exchanges and trading platforms without any license or consent from Nasdaq.
- Litigation began Sept 2017; Nasdaq's six patents were invalidated by PTAB in 2019.
- Resolution covers all matters asserted by Nasdaq; no ongoing restrictions on MIAX.
- MIAX may license, commercialize, and sell technology without infringement claims from Nasdaq.