Thomas Gallagher, the chairman of the Bermuda Stock Exchange, has been named to the 2024 TabbForum 40, an honour roll of executives and other influencers who are leading technology-driven innovation and disruption in financial markets.

Mr Gallagher is also chairman and chief executive of the BSX’s parent company, Miami International Holdings Inc, a technology-driven leader in building and operating regulated financial markets across multiple asset classes.

This is the third consecutive year that Mr Gallagher has been named as a recipient of the award since its introduction in 2022.

Mr Gallagher is one of MIH’s principal founders, becoming chairman in 2008 and leading the company since 2012, when the first of its Miax electronic options exchanges launched.

Since then, he has overseen the company’s rise to becoming the 15th largest derivatives exchange operator in the world as of September 30, as measured by the total number of futures and options contracts traded on exchanges reported by the Futures Industry Association.

Mr Gallagher said: “I am deeply honoured to be recognised among such an esteemed group of professionals representing tech-driven innovation in the financial markets.

“This achievement is a testament to the dedication and passion of MIH’s entire team and each employee’s unique expertise. I am privileged to lead such a talented and driven group of individuals and look forward to working with the team to drive our history of technology innovation.”