Press Releases

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October 04, 2016 08:10:21 AM

MIAX Options Reports September 2016 Trading Activity; Remains #1 in Time at NBBO for Both All Option Classes and Penny Pilot Option Classes for August 2016

MIAX Options Exchange today announced that over 22.9 million contracts were executed on MIAX Options in September 2016, equating to an average daily volume (ADV) of over 1 million contracts. The September volume represents a 1.6% increase from the 22.5+ million contracts executed in August 2016 and a 14.1% increase from the 20.1+ million contracts executed in September 2015. MIAX Options’ year-to-date total as of September 2016 of over 191 million contracts represents a 2.4% increase over the 186+ million contracts achieved during the same time period in 2015.

MIAX Press Release 10042016

September 14, 2016 10:09:24 AM

Miami International Holdings’ Form 1 Application for MIAX PEARL Published By SEC

Miami International Holdings, Inc. (MIH), the parent holding company of the MIAX Options Exchange (MIAX Options), today announced that its Form 1 Application for MIAX PEARL has been published by the Securities and Exchange Commission (SEC) in the Federal Register for comment. MIAX PEARL will be MIH’s second fully electronic U.S. options exchange and will serve as a counterpart to MIAX Options by providing a price-time allocation model. MIAX PEARL is expected to launch in early 2017, pending SEC approval, and further details about the exchange will be publicized at a later date.

MIH Press Release 09142016

September 01, 2016 02:09:40 PM

MIAX Options Reports August 2016 Trading Activity; Sets New Monthly and Daily Market Share Records; Remains #1 in Time at NBBO

MIAX Options Exchange today announced that over 22.5 million contracts were executed on MIAX Options in August 2016, equating to an average daily volume (ADV) of over 980,000 contracts. The August volume represents a 9.7% increase from the 20.5+ million contracts executed in July 2016 and a 10.5% decrease from the 25.2+ million contracts executed in August 2015. MIAX Options’ year-to-date total as of August 2016 of over 168 million contracts represents a 1.0% increase over the 166+ million contracts achieved during the same time period in 2015.

MIAX Press Release 09012016

August 16, 2016 09:08:33 AM

Miami International Holdings Files for Second Exchange License to Launch MIAX PEARL; Closes $30 Million Debt Financing

Miami International Holdings, Inc. (MIH), the parent holding company of the MIAX Options Exchange (MIAX Options), today announced that it has filed a Form 1 Application with the Securities and Exchange Commission (SEC) for its second fully electronic U.S. options exchange, MIAX PEARL. The new exchange will leverage the industry leading technology and infrastructure developed by MIAX Options to employ a price-time allocation model. Details regarding MIAX PEARL’s launch date, fee schedule and products traded will be publicized at a later date.

MIAX Press Release 08162016

August 01, 2016 02:08:24 PM

MIAX Options Reports July 2016 Trading Activity; Remains #1 in Time at NBBO for Both All Option Classes and Penny Pilot Option Classes for June 2016

MIAX Options Exchange today announced that over 20.5 million contracts were executed on MIAX Options in July 2016, equating to an average daily volume (ADV) of over 1 million contracts. The July volume represents a 7.7% decrease from the 22.2+ million contracts executed in June 2016 and a 16.3% decrease from the 24.5+ million contracts executed in July 2015. MIAX Options’ year-to-date total as of July 2016 of over 145 million contracts represents a 3.0% increase over the 141+ million contracts achieved during the same time period in 2015.

MIAX Press Release 08012016

July 06, 2016 01:07:33 PM

MIAX Options Reports June 2016 Trading Activity; Remains #1 in Time at NBBO for Both All Option Classes and Penny Pilot Option Classes for May 2016

MIAX Options Exchange today announced that over 22.2 million contracts were executed on MIAX Options in June 2016, equating to an average daily volume (ADV) of over 1 million contracts. The June volume represents a 4.6% increase from the 20+ million contracts executed in May 2016 and a 4.6% increase from the 21+ million contracts executed in June 2015. MIAX Options’ year-to-date total as of June 2016 of over 125 million contracts represents a 7.1% increase over the 116+ million contracts achieved during the same time period in 2015.

MIAX Press Release 07062016

May 04, 2016 01:05:12 PM

MIAX Options Reports April 2016 Trading Activity; Remains #1 in Time at NBBO for Both All Option Classes and Penny Pilot Option Classes for March 2016

MIAX Options Exchange today announced that over 22.2 million contracts were executed on MIAX Options in April 2016, equating to an average daily volume (ADV) of over 1.06 million contracts. The over 22.2 million contracts executed represents a 4.6% increase from the over 21.2 million contracts executed in March 2016 and a 1.8% increase from the approximately 21.9 million contracts executed in April 2015. Since its launch in December 2012, a total of over half a billion contracts have now been executed on MIAX Options.

MIAX Press Release 05042016

April 15, 2016 09:04:12 AM

MIAX Options Exchange Announces Promotion of Shelly Brown to Executive Vice President

MIAX Options Exchange, a wholly-owned subsidiary of Miami International Holdings, Inc. (MIH), today announced the promotion of Shelly Brown to Executive Vice President, Strategic Planning and Operations, effective immediately. He will continue to remain responsible for business strategy and functionality requirements as well as establishing and maintaining client relationships for MIAX Options and MIAX PEARL, MIH’s second options exchange, following its expected launch in late 2016, subject to SEC approval.  Shelly will also continue in his role as a Senior Vice President of MIH.

MIAX Press Release 04152016

April 01, 2016 03:04:55 PM

MIAX Options Reports March 2016 Trading Activity; Remains #1 in Time at NBBO for Both All Option Classes and Penny Pilot Option Classes for February 2016

MIAX Options Exchange today announced that over 21.2 million contracts were executed on MIAX Options in March 2016, equating to an average daily volume (ADV) of over 967,900 contracts. The over 21.2 million contracts executed represents a 17.1% increase from the over 18.1 million contracts executed in February 2016 and a 3.8% decrease from the approximately 22.1 million contracts executed in March 2015.

MIAX Press Release 04012016

March 01, 2016 04:03:29 PM

MIAX Options Reports February 2016 Trading Activity; Remains #1 in Time at NBBO for Both All Option Classes and Penny Pilot Option Classes for January 2016

MIAX Options Exchange (MIAX®) today announced that over 18.1 million contracts were executed on MIAX in February 2016, equating to an average daily volume (ADV) of over 900,000 contracts. The over 18.1 million contracts executed represents a 20.4% increase from the approximately 15.1 million contracts executed in February 2015 and an 11.6% decrease from the over 20.5 million contracts executed in January 2016. MIAX’s February equity options market share of 6.13% represents an 11.7% increase from the 5.49% achieved in February 2015 and a 2.7% decrease from the 6.30% achieved in January 2016.

MIAX Press Release 03012016