Miami International Holdings Reports July 2019 Trading Results for MIAX Exchange Group

PRINCETON, New Jersey, Aug. 5, 2019 /PRNewswire/ — Miami International Holdings, Inc. (MIH) today reported the July 2019 trading activity for its three fully electronic options exchanges – MIAX®, MIAX PEARL™ and MIAX Emerald™ (together, the MIAX Exchange Group™). The MIAX Exchange Group collectively executed over 33.5 million equity option contracts in July for a combined average daily volume (ADV) of 1,523,442 contracts, representing a total U.S. equity options market share of 9.37%.

Trading Volume for MIAX Exchange Group,

Current Month

Year-to-Date Comparison

Equity Options Contracts
Jul-19 Jul-18 % Chg. Jun-19 % Chg. Jul-19 Jul-18 % Chg.

Trading Days
22 21 20 146 146

U.S. Equity Options
Industry
357,634,292 333,216,875 7.3% 340,857,459 4.9% 2,506,434,279 2,612,913,055 -4.1%

MIAX Exchange Group
33,515,718 32,584,587 2.9% 32,754,753 2.3% 246,341,690 233,374,783 5.6%

MIAX
12,915,781 15,070,924 -14.3% 12,704,769 1.7% 100,255,581 117,943,007 -15.0%

MIAX PEARL
18,163,873 17,513,663 3.7% 17,626,201 3.1% 133,568,756 115,431,776 15.7%

MIAX Emerald
2,436,064 2,423,783 0.5% 12,517,353

Equity Options ADV
Jul-19 Jul-18 % Chg. Jun-19 % Chg. Jul-19 Jul-18 % Chg.

U.S. Equity Options Industry
16,256,104 15,867,470 2.4% 17,042,873 -4.6% 17,167,358 17,896,665 -4.1%

MIAX Exchange Group
1,523,442 1,551,647 -1.8% 1,637,738 -7.0% 1,687,272 1,598,457 5.6%

MIAX
587,081 717,663 -18.2% 635,238 -7.6% 686,682 807,829 -15.0%

MIAX PEARL
825,631 833,984 -1.0% 881,310 -6.3% 914,854 790,629 15.7%

MIAX Emerald
110,730 121,189 -8.6% 85,735
Equity Option Market Share for MIAX Exchange Group,

Current Month

Year-to-Date Comparison

Equity Options Market
Share
Jul-19 Jul-18 % Chg. Jun-19 % Chg. Jul-19 Jul-18 % Chg.

MIAX Exchange Group
9.37% 9.78% -4.2% 9.61% -2.5% 9.83% 8.93% 10.0%

MIAX
3.61% 4.52% -20.2% 3.73% -3.1% 4.00% 4.51% -11.4%

MIAX PEARL
5.08% 5.26% -3.4% 5.17% -1.8% 5.33% 4.42% 20.6%

MIAX Emerald
0.68% 0.71% -4.2% 0.50%

 

For further information regarding the MIAX Exchange Group, please visit www.MIAXOptions.com or contact MIAX Trading Operations at TradingOperations@MIAXOptions.com.

Corporate Communications Contact: Dominique Prunetti-Miller
(609) 897-1465
dprunetti@miami-holdings.com

About MIH and the MIAX Exchange Group

Miami International Holdings, Inc. (MIH) is the parent holding company of Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX PEARL™) and MIAX Emerald, LLC (MIAX Emerald™ and together with MIAX and MIAX PEARL, the MIAX Exchange Group), three fully electronic options trading exchanges.

MIAX, MIAX PEARL and MIAX Emerald leverage the MIAX Exchange Group’s industry-leading technology and infrastructure to provide their member firms with traditional pricing and pro rata allocation (MIAX), maker-taker pricing and price-time allocation (MIAX PEARL) market structures, and a hybrid market structure with maker-taker pricing and pro rata allocation (MIAX Emerald).

MIAX Options serves as the exclusive exchange venue for cash-settled options on the SPIKES® Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY).

The MIAX Exchange Group’s executive offices and National Operations Center are located in Princeton, NJ, with a Miami Operations Center and additional offices located in Miami, FL.

To learn more about MIH and the MIAX Exchange Group visit www.MIAXOptions.com.

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