Press Releases

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November 03, 2016 10:34:45 AM

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

MIAX Options Exchange today announced that over 18.7 million contracts were executed on MIAX Options in October 2016, equating to an average daily volume (ADV) of over 890,000 contracts. The October volume represents an 18.5% decrease from the 22.9+ million contracts executed in September 2016 and a 17.5% decrease from the 22.6+ million contracts executed in October 2015. October ADV for the entire U.S. equity options industry decreased approximately 12.5% from September 2016, or from 15+ million contracts to 13+ million contracts.

MIAX Press Release 11032016

October 14, 2016 11:28:43 AM

MIAX Options Announces October 24th Launch Date for Complex Order Functionality Following SEC Approval

MIAX Options Exchange today announced that it has received approval from the Securities and Exchange Commission (SEC) to launch its Complex Order functionality and has scheduled an October 24th launch date. Leveraging one of the options industry’s fastest and most reliable technology platforms, Complex Orders will enable MIAX Options Member firms spread price protection and the potential for price improvement while increasing the probability of execution by facilitating up to eight multi-leg orders.

MIAX Options Press Release 10142016

October 04, 2016 8:38:21 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 10:43:24 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 2:00:40 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 9:12:33 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 2:46:24 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 1:25:33 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 1:04:12 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 9:50:12 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