Operator

Thank you for standing by. My name is Chad, and I will be your conference operator today. At this time, I would like to welcome everyone to the Miami International Holdings, Inc. First Quarter 2026 Earnings Call. [Operator Instructions] Please note, this event is being recorded.

It is now my pleasure to turn the call over to John T. Williams, Senior Vice President and Head of Investor Relations. You may begin your conference.

John T. Williams

Thank you, operator. Good afternoon, and thank you for joining us for Miami International Holdings, Inc. or MIAX's first quarter 2026 earnings conference call. I'm John T. Williams, Head of Investor Relations. With us today are Thomas P. Gallagher, Chairman and Chief Executive Officer; and Lance Emmons, Chief Financial Officer. We will also have Douglas Schafer, Jr., Chief Information Officer; and Shelly Brown, Chief Executive Officer of MIAX Futures and Chief Strategy Officer of MIH, joining us for the Q&A session following our prepared remarks.

Our earnings announcement was released prior to this call and we published an accompanying slide presentation on our Investor Relations website at ir.miaxglobal.com. In addition, this call is being webcast and an archived version will be available