Aug 4 (Reuters) - Miami International Holdings, the

parent of bourse operator MIAX, said on Monday it was targeting

a valuation of up to $1.67 billion in its New York initial

public offering.

The Princeton, New Jersey-based company, backed by private

equity firm Warburg Pincus, is seeking to raise up to $315

million by offering 15 million shares priced between $19 and $21

apiece.

The news comes about three years after Miami International

confidentially filed paperwork for IPO in 2022.

Miami International will follow in the footsteps of several

peers that have gone public, including CME Group ( CME ), Cboe

Global Markets ( CBOE ), Nasdaq, and New York Stock

Exchange-owner Intercontinental Exchange ( ICE ).

J.P. Morgan, Morgan Stanley and Piper Sandler are the lead

joint bookrunning managers for the offering. Miami International

will list on the New York Stock Exchange under the symbol

"MIAX".