Press Releases

Miami International Holdings, Inc. today reported the August 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 37.6 million contracts in August 2018 for a combined average daily volume (ADV) of 1,636,650 contracts, representing a total U.S. equity options market share of 9.80%.
 

Miami International Holdings, Inc. today reported the July 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 32.5 million contracts in July 2018 for a combined average daily volume (ADV) of 1,551,647 contracts, representing a total U.S. equity options market share of 9.78%.
 

PRINCETON, N.J., July 9, 2018 – Miami International Holdings, Inc. today reported the June 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 37.1 million contracts in June 2018 for a combined average daily volume (ADV) of 1,767,929 contracts, representing a total U.S. equity options market share of 10.23%.

Miami International Holdings, Inc. today reported the May 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 36.6 million contracts in May 2018 for a combined average daily volume (ADV) of 1,667,149 contracts, representing a total U.S. equity options market share of 10.02%.
 

Miami International Holdings, Inc. today reported the April 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 30.4 million contracts in April 2018 for a combined average daily volume (ADV) of 1,450,373 contracts, representing a total U.S. equity options market share of 8.55%.
 

MIAX PEARL™, a member of the MIAX Exchange Group along with MIAX Options®, announced today that it has closed its Equity Rights Program (ERP-IV) following its entry into agreements with a number of leading order flow providers and market making MIAX PEARL member firms. Similar to the three prior Equity Rights Programs offered by MIAX Options, ERP-IV’s structure provides these MIAX PEARL member firms with the right to invest in MIAX PEARL’s parent holding company Miami International Holdings, Inc.

MIAX Options® today announced that it has begun publishing the SPIKES™ Volatility Index (Ticker: SPIKE), following a successful launch of the Index. Transmission of the underlying Index value is being done via OPRA, with an option settlement value to follow at a later date.
 

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%.