Press Releases

Miami International Holdings, Inc. (MIH), the parent holding company of the MIAX Options® and MIAX PEARL™ options exchanges, today announced that it intends to launch MIAX Emerald as its third fully electronic options exchange in 2019. MIAX Emerald is expected to join the MIAX Exchange Group in Q1 2019, pending SEC approval.

MIAX Options® and T3 Index today announced that the SPIKES™ index (Ticker: SPIKE) will be launched on MIAX Options in April 2018. SPIKES measures the expected 30-day volatility in the SPDR S&P 500 ETF (SPY), one of the most actively traded securities in the world. Additionally, SPIKES is equipped with proprietary design features such as “price-dragging” to help stabilize the index during times of market stress.

Miami International Holdings, Inc. today reported the March 2018 trading activity for its two fully electronic options exchanges – MIAX Options and MIAX PEARL (together, the MIAX Exchange Group). The MIAX Exchange Group collectively executed over 31.7 million contracts in March 2018 for a combined average daily volume (ADV) of 1,511,612 contracts, representing a total U.S. equity options market share of 8.25%.
 

Miami International Holdings, Inc. today reported the February 2018 trading activity for its two fully electronic options exchanges – MIAX Options and MIAX PEARL (together, the MIAX Exchange Group). The MIAX Exchange Group collectively executed over 34.9 million contracts in February 2018 for a combined average daily volume (ADV) of 1,837,040 contracts, representing a total U.S. equity options market share of 8.77%.

MIAX Options Exchange announced today that it won “Best Infrastructure/Technology Initiative by Exchange/ATS” at the Fund Technology and WSL Awards 2018. The Fund Technology and WSL Awards 2018 recognize and honor providers catering to asset managers and institutional traders that have demonstrated exceptional customer service and innovative product development over the past 12 months. This is the third time in four years that MIAX Options has been honored as the best in this category, having previously won in 2015 and 2016.

MIAX PEARL announced that it achieved over 4% market share on February 2, 2018, establishing a new market share record on the eve of its one-year anniversary. Successfully launched on February 6, 2017, MIAX PEARL currently lists and trades options on over 2,700 multi-listed classes and has experienced a dramatic increase in market share and contract execution in just one year’s time. In addition to its recent market share record, MIAX PEARL also established new monthly and daily contract records of 10,743,160 and 1,186,574 in January 2018 and on February 2, 2018, respectively.   

Miami International Holdings, Inc. today reported the January 2018 trading activity for its two fully electronic options exchanges – MIAX Options and MIAX PEARL (together, the MIAX Exchange Group). The MIAX Exchange Group collectively executed over 29.8 million contracts in January 2018 for a combined average daily volume (ADV) of 1,422,902 contracts, representing a total U.S. equity options market share of 7.26%.
 

Miami International Holdings, Inc. (MIH), a New Jersey-based technology company and exchange holding company of two U.S. options exchanges, MIAX Options and MIAX PEARL, today announced that it received over $7.5 million in funding as a result of its participation in the New Jersey Economic Development Authority’s (NJEDA) Technology Business Tax Certificate Transfer Program (the Program).

MIAX Options Exchange (MIAX Options) has reached an important milestone as it celebrates the 5th anniversary of its launch. Successfully launched on December 7, 2012, MIAX Options began by listing a single symbol before rolling out additional symbols thereafter. Today, MIAX Options lists and trades options on over 2,700 multi-listed classes and is recognized within the options industry for its exceptional technological capabilities, risk assessment and management as well as quality customer service.   

Miami International Holdings, Inc. today reported the October 2017 trading activity for its two fully electronic options exchanges – MIAX Options and MIAX PEARL (together, the MIAX Exchange Group). The MIAX Exchange Group collectively executed over 20.6 million contracts in October 2017 for a combined average daily volume (ADV) of 939,113 contracts, representing a total U.S. equity options market share of 6.32%.  In SPY options, MIAX PEARL achieved 6.3% and 10.0% market share of industry SPY volume and Simple SPY volume, respectively, as reported by OPRA.