Press Releases

Miami International Holdings, Inc. (MIH) today reported the February 2019 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 31.5 million contracts in February 2019 for a combined average daily volume (ADV) of 1,660,432 contracts, representing a total U.S. equity options market share of 9.97%.
 

MIAX Emerald™, the newest U.S. equity options exchange, successfully launched trading operations on March 1st with the rollout of options on its first symbol, IBM. MIAX Emerald will continue listing options on IBM for its first week of trading and begin rolling out additional symbols thereafter. With its launch, MIAX Emerald joins current options exchanges MIAX Options® and MIAX PEARL™ as part of the MIAX Exchange Group™. All three exchanges are subsidiaries of Miami International Holdings, Inc.   
 

MIAX Options® on Tuesday began its first day of volatility options trading on the SPIKES™ Index (Ticker: SPIKE), an index designed with a fully-transparent process featuring pinpoint accuracy and radically faster dissemination.
 

MIAX Options® Exchange announced today that it won the “Most Innovative Exchange Technology” category at the Fund Technology and WSL Awards 2019. The Fund Technology and WSL Awards 2019 recognize and reward 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 first time MIAX Options has won in this category.

MIAX Options® is scheduled to launch volatility trading on the SPIKES™ Index (Ticker: SPIKE) February 19, marking the end of exclusivity in the volatility market.
 

Miami International Holdings, Inc. (MIH) today reported the January 2019 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 37.3 million contracts in January 2019 for a combined average daily volume (ADV) of 1,776,417 contracts, representing a total U.S. equity options market share of 9.94%.
 

Miami International Holdings, Inc. today reported the 2018 trading activity for its two fully electronic options exchanges – MIAX Options® and MIAX PEARL™  (together, the MIAX Exchange Group™), with MIAX PEARL and the MIAX Exchange Group setting new market share and volume records over the course of the year.
 

Miami International Holdings, Inc. (MIH) today announced that the SEC has approved MIAX Emerald’s application for registration as a national securities exchange. MIH expects to launch its third options exchange on February 22, 2019. Following launch, MIAX Emerald will be the newest member of the MIAX Exchange Group, which currently consists of MIAX Options® and MIAX PEARL™, and its hybrid market model with pro rata allocation and maker-taker pricing will enable the MIAX Exchange Group further meet the needs of its member firms by providing access to a specific market segment.  

Miami International Holdings, Inc. (MIH) today reported the November 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 35.5 million contracts in November 2018 for a combined average daily volume (ADV) of 1,691,311 contracts, representing a total U.S. equity options market share of 9.25%.
 

PRINCETON, N.J., Dec. 4, 2018 – Miami International Holdings, Inc. (MIH), the parent holding company of the MIAX Options® and MIAX PEARL™ exchanges (MIAX), today announced that the United States District Court for the District of New Jersey has granted MIAX’s motion to stay the litigation filed by Nasdaq against MIAX. The Court determined that it was appropriate to stay the entire case at this time pending the Patent Trial and Appeal Board’s (PTAB) previously granted Covered Business Method Review of all six patents-in-suit.