Miami International Holdings, Inc. today reported August 2021 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl® and MIAX Emerald® (together, the MIAX
Exchange Group™) and the Minneapolis Grain Exchange (MGEX).
The MIAX Exchange Group reported a number of new volume and market share records for multi-list options trading including a 16.82% single day market share record on August 6, 2021. In addition, MIAX Emerald reported a 5.49% market share record for August 2021 and a monthly volume record of 41,821,523 contracts. The total U.S. multi-listed options market share of 15.23% in August 2021 was 304 basis points higher than the 12.19% market share in August 2020 and represented a 24.9% increase.
The MIAX Exchange Group collectively executed over 116.0 million multi-listed options contracts in August 2021, representing an average daily volume (ADV) of 5,273,340 contracts.
In U.S. equities, MIAX Pearl Equities™ executed 772,501,802 shares in August 2021, a monthly volume record and an increase of 4.2% from July 2021. The August 2021 total also represented a market share record of .39%.
In U.S. futures, MGEX executed 394,528 contracts in August 2021, the 3rd highest monthly total volume on record and representing an increase of 23.7% from the August 2020 total. Total volume during the January to August 2021 period reached 2,475,882 contracts, a 33.0% increase from the same period in 2020, while open interest totaled 82,128 contracts on August 31, 2021, an increase of 33.2% from the August 31, 2020 total.
SPIKES® Futures volume totaled a record 85,885 contracts in August 2021, up 156.3% from the 33,510 contract total in July 2021. SPIKES Futures volume reached a record ADV of 3,904 contracts in August 2021. In addition, SPIKES Futures volume on September 9, 2021 totaled a new daily record volume of 14,890 contracts.
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|
Multi-Listed Options Trading Volume for MIAX Exchange Group, Current Month |
Year-to-Date Comparison |
|||||||
|
Multi-Listed Options Contracts |
Aug-21 |
Aug-20 |
% Chg |
Jul-21 |
% Chg |
Aug-21 |
Aug-20 |
% Chg |
|
|
Trading Days |
22 |
21 |
|
21 |
|
167 |
168 |
|
|
|
U.S. Equity Options Industry |
761,891,872 |
582,394,732 |
30.8% |
749,029,013 |
1.7% |
6,132,683,722 |
4,413,767,683 |
38.9% |
|
|
MIAX Exchange Group |
116,013,478 |
70,996,814 |
63.4% |
116,326,908 |
-0.3% |
878,372,405 |
518,728,761 |
69.3% |
|
|
MIAX Options |
47,123,249 |
28,298,707 |
66.5% |
49,303,729 |
-4.4% |
340,247,261 |
205,900,750 |
65.2% |
|
|
MIAX Pearl |
27,068,706 |
23,805,458 |
13.7% |
34,237,820 |
-20.9% |
301,731,215 |
204,748,354 |
47.4% |
|
|
MIAX Emerald |
41,821,523 |
18,892,649 |
121.4% |
32,785,359 |
27.6% |
236,393,929 |
108,079,657 |
118.7% |
|
|
Multi-Listed Options ADV |
Aug-21 |
Aug-20 |
% Chg |
Jul-21 |
|
% Chg |
Aug-21 |
Aug-20 |
% Chg |
|
U.S. Multi-Listed Options Industry |
34,631,449 |
27,733,082 |
24.9% |
35,668,048 |
|
-2.9% |
36,722,657 |
26,272,427 |
39.8% |
|
MIAX Exchange Group |
5,273,340 |
3,380,801 |
56.0% |
5,539,377 |
|
-4.8% |
5,259,715 |
3,087,671 |
70.3% |
|
MIAX |
2,141,966 |
1,347,557 |
59.0% |
2,347,797 |
|
-8.8% |
2,037,409 |
1,225,600 |
66.2% |
|
MIAX Pearl |
1,230,396 |
1,133,593 |
8.5% |
1,630,372 |
|
-24.5% |
1,806,774 |
1,218,740 |
48.2% |
|
MIAX Emerald |
1,900,978 |
899,650 |
111.3% |
1,561,208 |
|
21.8% |
1,415,533 |
643,331 |
120.0% |
|
|
Multi-Listed Options Market Share for MIAX Exchange Group, Current Month |
|
Year-to-Date Comparison |
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|
Multi-Listed Options Market Share |
Aug-21 |
Aug-20 |
% Chg |
Jul-21 |
|
% Chg |
Aug-21 |
Aug-20 |
% Chg |
|
MIAX Exchange Group |
15.23% |
12.19% |
24.9% |
15.53% |
|
-2.0% |
14.32% |
11.75% |
21.9% |
|
MIAX |
6.19% |
4.86% |
27.3% |
6.58% |
|
-6.0% |
5.55% |
4.66% |
18.9% |
|
MIAX Pearl |
3.55% |
4.09% |
-13.1% |
4.57% |
|
-22.3% |
4.92% |
4.64% |
6.1% |
|
MIAX Emerald |
5.49% |
3.24% |
69.2% |
4.38% |
|
25.4% |
3.85% |
2.45% |
57.4% |
|
|
Equities Trading Volume for MIAX Pearl Equities, Current Month |
|
Year-to-Date Comparison |
|||||
|
Equities Shares (millions) |
Aug-21 |
Aug-20 |
% Chg |
Jul-21 |
% Chg |
Aug-21 |
Aug-20 |
% Chg |
|
Trading Days |
22 |
21 |
|
21 |
|
167 |
168 |
|
|
U.S. Equities Volume – Industry |
198,022 |
0 |
NA |
204,551 |
-3.2% |
1,958,438 |
0 |
NA |
|
MIAX Pearl Volume |
773 |
0 |
NA |
741 |
4.2% |
4,708 |
0 |
NA |
|
MIAX Pearl ADV |
35 |
0 |
NA |
35 |
-0.5% |
28 |
0 |
NA |
|
MIAX Pearl Market Share |
0.39% |
NA |
NA |
0.36% |
7.7% |
0.24% |
NA |
NA |
|
|
Futures & Options Trading Volume fo MGEX, Current Month |
r |
Year-to-Date Comparison |
|||||
|
Futures & Options Contracts |
Aug-21 |
Aug-20 |
% Chg |
Jul-21 |
% Chg |
Aug-21 |
Aug-20 |
% Chg |
|
Trading Days |
22 |
21 |
|
21 |
|
167 |
168 |
|
|
MGEX Volume |
394,528 |
318,992 |
23.7% |
297,235 |
32.7% |
2,475,882 |
1,861,398 |
33.0% |
|
MGEX ADV |
17,933 |
15,190 |
18.1% |
14,154 |
26.7% |
14,826 |
11,080 |
33.8% |
July 2021 Market Share and Volume Records:
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|
MIAX Exchange Group Multi-Listed Options Records |
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|
Single Day |
Market Share |
16.82% |
August 6, 2021 |
|
|
MIAX Emerald Multi-Listed Options Records |
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|
Monthly |
Market Share |
5.49% |
August 2021 |
|
Monthly |
Volume |
41,821,523 |
August 2021 |
For further information regarding MIAX, please visit www.MIAXOptions.com or contact MIAX Trading Operations at TradingOperations@MIAXOptions.com.
