财务数据显示，截至2025年6月30日的12个月内，公司实现营业收入13亿美元，其核心的美国期权业务 日均交易量达870万份合约，较2024年同期的650万份实现显著增长。 此次IPO由摩根大通、摩根士丹利、Piper Sandler、Keefe Bruyette Woods、Raymond James、William Blair和Rosenblatt Securities担任联席账簿管理人，定价预计于2025年8月11日当周完成。 智通财经APP获悉，美国金融交易所运营商迈阿密国际控股(MIH)于周一公布了IPO条款，计划在纽约 证券交易所上市，股票代码为MIAX。这家总部位于新泽西州普林斯顿的金融科技企业，通过旗下 MIAX Exchange集团运营着覆盖期权、股票、期货等多资产类别的交易平台，此次拟发行1500万股股 票，发行价区间定为19至21美元，预计融资规模达3亿美元。若按区间中位价20美元计算，公司完全稀 释后的市值将达到19亿美元。值得注意的是，基石投资者已承诺认购价值4000万美元的股份，占此次发 行规模的13%。 据了解，2007年成立的迈阿密国际控股依托自主研发的交易技术，构建了多元化的 ...

Core Viewpoint - The "Star Program" training camp organized by Hengyin Futures aims to empower young talents in the financial sector through immersive experiences and systematic knowledge acquisition [1][3]. Group 1: Company Overview - Hengyin Futures is a core financial enterprise under the Hebei State-owned Assets Supervision and Administration Commission, with a strong background supported by its parent company, Hebei Construction Investment Group, which has total assets exceeding 284.7 billion [3]. - The company has been deeply engaged in the industry for nearly 30 years and emphasizes compliance, integrity, professional service, innovation, and collaborative development [3]. Group 2: Training Camp Activities - The opening ceremony featured a welcoming speech from the general manager, highlighting the importance of the "Star Program" as a platform for social responsibility and talent cultivation [3]. - The training camp includes a company tour and job insights, allowing participants to observe daily operations and understand departmental functions [5]. - A highlight of the camp is the "New Media Frontier Experience," where students engage with live market analysis sessions, showcasing the integration of financial technology and investor education [5]. Group 3: Knowledge Acquisition - The first day's core courses include "Introduction to Futures," which provides a comprehensive overview of the futures market's origins, functions, and key participants [7]. - Additional courses cover essential topics such as futures contract elements, margin systems, and trading rules, helping students build a clear conceptual framework [9][10]. - The teaching style of the instructors is noted for its rigor and engagement, fostering a strong desire for knowledge among the participants [12]. Group 4: Future Prospects - The first day concluded successfully, establishing a foundational understanding of the futures industry for the students, setting the stage for advanced topics in the following days [13]. - The "Star Program" focuses on transforming academic knowledge into professional capabilities, nurturing future industry leaders [13].

Group 1: Company Performance - Yao Cai Securities Financial reported an unaudited consolidated net profit of approximately HKD 613 million for the fiscal year 2024/25, representing a 10% increase from the previous year's net profit of approximately HKD 559 million [1] - The total number of customer accounts reached 587,072 as of March 31, 2025 [1] Group 2: Market Conditions - The Hong Kong financial market experienced significant fluctuations, with the Hang Seng Index showing resilience after the end of the COVID-19 pandemic and the onset of recovery measures [2] - The U.S. Federal Reserve's decision to cut interest rates in September marked the end of a prolonged high-interest period, positively impacting the Hong Kong stock market [2] - The Hang Seng Index rose above 23,000 points, with a record single-day trading volume of HKD 620.7 billion, the highest in Hong Kong's history [2] Group 3: Strategic Initiatives - Yao Cai Group has maintained a proactive business philosophy, investing in advertising and promotional strategies to attract investors [4] - The company offers competitive promotions for both Hong Kong and U.S. stock trading, including significant rewards for new customers and commission-free trading for the first month [4] - The performance of the U.S. stock market in the first half of the year and the improving conditions in the Hong Kong market contributed to increased customer acquisition and overall business growth [4]