Miami International Holdings Reports August 2022 Trading Results; MIAX Options, MIAX Pearl Equities and SPIKES Futures Set Year-To-Date Volume Records – PR Newswire | Jewelry Dukan

PRINCETON, NJ, September 7, 2022 /PRNewswire/ — Miami International Holdings, Inc. (MIH) reported today Aug 2022 Trading results for its US affiliates – MIAX®MIAX pearl® and MIAX emerald® (collectively the MIAX Exchange Group™) and Minneapolis Grain Exchange (MGEX™).

Aug 2022 Trading Volume Highlights

  • Total market share for multi-listed options in the US for the MIAX Exchange Group reached 12.79%, down 16.0% YoY. A total of 108.1 million multi-listed option contracts were executed on MIAX Exchange Group, down 6.8% year-on-year and an Average Daily Volume (ADV) of 4,699,129 contracts. Total year-to-date (YTD) volume reached 863.8 million contracts, down 1.7% from the same period in 2021.
  • MIAX Options reported record year-to-date volume of 360.6 million contracts, up 6.0% from the same period in 2021, with volume reaching 47.0 million contracts Aug 2022, down 0.3% year-on-year. MIAX Emerald reported YTD volume of 217.2 million contracts, down 8.1% from the same period in 2021, for a total volume of 25.4 million contracts Aug 2022, down 39.2% year over year. MIAX Pearl reported YTD volume of 286.0 million contracts, down 5.2% from the same period in 2021, for a total volume of 35.7 million contracts Aug 2022an increase of 31.9% year-on-year.
  • For US equities, MIAX Pearl Equities™ reported a volume of 2.4 billion shares Aug 2022, up 210.2% year-over-year and capturing a 0.98% market share. Total year-to-date volume hit a record 19.6 billion shares, up 316.9% from the same period in 2021.
  • In US futures, MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reported trading volume of 376,441 contracts Aug 2022, down 4.6% year-on-year. Total year-to-date volume reached 2,400,396 contracts, down 3.0% from the same period in 2021.
  • SPIKES® Futures volume was 160,628 contracts in Aug 2022, up 87.0% year-on-year and an average daily volume of 6,984 contracts. Total YTD volume hit a record 538,417 contracts, up 314.8% year-on-year.

Additional information on MIAX Exchange Group and MGEX volume is provided in the tables below.


Trading volume for multiple listed options

MIAX Exchange Group, current month

year-to-year comparison

Options listed multiple times
contracts

August 22nd

August 21st

% change

22nd of July

% change

August 22nd

August 21st

% change

trading days

23

22


20


167

167


US Stock Options Industry

845.104.433

761.891.872

10.9%

685.359.630

23.3%

6.285.805.288

6,132,683,722

2.5%

MIAX Exchange Group

108,079,977

116.013.478

-6.8%

92,981,667

16.2%

863.818.014

878.372.405

-1.7%

MIAX options

46,972,524

47.123.249

-0.3%

40.410.802

16.2%

360.617.154

340.247.261

6.0%

MIAX pearl

35,696,808

27.068.706

31.9%

31.905.134

11.9%

286.036.788

301.731.215

-5.2%

MIAX emerald

25.410.645

41,821,523

-39.2%

20,665,731

23.0%

217.164.072

236,393,929

-8.1%

Multiple listed options ADV

August 22nd

August 21st

% change

22nd of July

% change

August 22nd

August 21st

% change

US Stock Options Industry

36,743,671

34,631,449

6.1%

34,267,982

7.2%

37,639,553

36,722,657

2.5%

MIAX Exchange Group

4,699,129

5,273,340

-10.9%

4,649,083

1.1%

5,172,563

5,259,715

-1.7%

MIAX options

2,042,284

2,141,966

-4.7%

2,020,540

1.1%

2,159,384

2,037,409

6.0%

MIAX pearl

1,552,035

1,230,396

26.1%

1,595,257

-2.7%

1,712,795

1,806,774

-5.2%

MIAX emerald

1.104.811

1,900,978

-41.9%

1,033,287

6.9%

1,300,384

1,415,533

-8.1%


Market share for multi-listed options

MIAX Exchange Group, current month

year-to-year comparison

Market for multi-listed options
Split

August 22nd

August 21st

% change

22nd of July

% change

August 22nd

August 21st

% change

MIAX Exchange Group

12.79%

15.23%

-16.0%

13.57%

-5.7%

13.74%

14.32%

-4.1%

MIAX options

5.56%

6.19%

-10.1%

5.90%

-5.7%

5.74%

5.55%

3.4%

MIAX pearl

4.22%

3.55%

18.9%

4.66%

-9.3%

4.55%

4.92%

-7.5%

MIAX emerald

3.01%

5.49%

-45.2%

3.02%

-0.3%

3.45%

3.85%

-10.4%


Stock trading volume for

MIAX Pearl Equities, current month

year-to-year comparison

Shares Shares (Millions)

August 22nd

August 21st

% change

22nd of July

% change

August 22nd

August 21st

% change

trading days

23

22


20


167

167


US stock industry

243,296

198,029

22.9%

214,812

13.3%

2,036,953

1,959,231

4.0%

Miax bead volume

2,396

773

210.2%

1,962

22.1%

19,624

4,708

316.9%

MIAX Pearl ADV

104

35

196.7%

98

6.2%

118

28

316.9%

MIAX Pearl market share

0.98%

0.39%

152.5%

0.91%

7.8%

0.96%

0.24%

301.0%


Trading volume for futures & options

MGEX, current month

year-to-year comparison

Futures and Options Contracts

August 22nd

August 21st

% change

22nd of July

% change

August 22nd

August 21st

% change

trading days

23

22


20


167

167


MGEX futures volume

376,441

394,528

-4.6%

236,941

58.9%

2,400,396

2,475,882

-3.0%

MGEX ADV

16,367

17,933

-8.7%

11,847

38.2%

14,374

14,826

-3.0%

About MIAX
MIAX’s parent company, Miami International Holdings, Inc. owns the Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEX™) and The Bermuda Stock Exchange (BSX™).

MIAX, MIAX Pearl and MIAX Emerald are national securities exchanges registered with the Securities and Exchange Commission (SEC) and made possible by our proprietary technology. MIAX offers trading in options on all three exchanges as well as spot stocks through MIAX Pearl Equities™. Designed to meet the needs of the US options trading industry for high performance quoting, the MIAX trading platform excels in throughput, latency, reliability and determinism of transfer orders. MIAX also serves as the exclusive trading venue for cash-settled options on the SPIKES® Volatility Index (ticker: SPIKE), a measure of the SPDR’s 30-day expected volatility® S&P500® ETF (SPY).

MGEX is a registered exchange with the Commodity Futures Trading Commission (CFTC) and serves as the exclusive marketplace for a variety of products including Hard Red Spring Wheat and SPIKES futures. MGEX is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM, DCO and cash market services across a range of asset classes.

BSX is a fully electronic, vertically integrated international securities market headquartered in Bermudas founded and established in 1971. BSX specializes in the listing and trading of capital market instruments such as equities, debt, mutual funds, hedge funds, derivative warrants and insurance-linked securities.

MIAX administrative offices and National Operations Center are located in Princeton, NJwith additional offices in Miami, Fla, Minneapolis, Minnesotaand Hamilton, Bermuda.

To learn more about MIAX, visit www.MIAXOptions.com.

To learn more about MGEX, visit www.mdex.com.

To learn more about BSX, visit www.bsx.com.

Disclaimer and Cautionary Statement Regarding Forward-Looking Statements

The press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company) and does not constitute an offer, solicitation, or sale in any state or Jurisdiction in which such an offer is located; Recruitment or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and are generally preceded by words such as “may”, “future”, “plan”. ‘ or ‘planned’, ‘will’ or ‘should’, ‘expected’, ‘anticipated’, ‘draft’, ‘possibly’ or ‘projected’. You are cautioned that such statements are subject to a variety of risks and uncertainties that could cause future conditions, events or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected may differ in the forward-looking statements.

All third party trademarks (including logos and symbols) referenced by the Company remain the property of their respective owners. Unless expressly identified as such, the Company’s use of any third-party marks does not indicate any relationship, sponsorship, or endorsement between the owners of such marks and the Company. All references by the Company to third-party trademarks are intended to identify the relevant third-party goods and/or services and are deemed nominative fair use under trademark law.

Media contact:
Andy NiboSVP, Chief Communications Officer
(609) 955-2091
[email protected]

SOURCE MIAX

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