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Miami International Holdings, Inc. today reported January 2022 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl® and MIAX Emerald® (together, the MIAX Exchange Group™), and Minneapolis Grain Exchange (MGEX™).
Total U.S. multi-listed options market share for the MIAX Exchange Group reached 14.09% in January 2022, 144 basis points higher than the 12.65% market share in January 2021 and representing an 11.4% increase. The MIAX Exchange Group collectively executed 118.4 million multi-listed options contracts in January 2022, a 16.9% increase from January 2021 and representing an average daily volume (ADV) of 5,918,447 contracts.
The MIAX Exchange Group reported a daily volume record of 8,288,503 contracts in U.S. multi-listed options on January 21, 2022, with trading on MIAX Options reaching a record 3,574,327 contracts the same day.
In U.S. equities, MIAX Pearl Equities™ reported record volume of 2.44 billion shares in January 2022 and a record market share of 0.99%. Total volume for January 2022 increased 25.7% from December 2021. MIAX Pearl Equities volume reached a record daily volume of 194.7 million shares on January 24, 2022 and a record daily market share of 1.18% on January 14, 2022.
In U.S. futures, MGEX executed 277,151 contracts in January 2022, an increase of 16.1% from January 2021. Open interest totaled 83,639 contracts on January 31, 2022, a decrease of 17.4% from the January 31, 2021 total.
SPIKES® Futures volume totaled 82,713 contracts in January 2022, up 7.5% from the 76,954 contract total in December 2021 and representing an ADV of 4,136 contracts.
Additional MIAX Exchange Group volume details are included in the following tables.
|
Multi-Listed Options Trading Volume for MIAX Exchange Group, Current Month |
Year-to-Date Comparison |
||||||||
|
Multi-Listed Options Contracts |
Jan-22 |
Jan-21 |
% Chg |
Dec-21 |
% Chg |
Jan-22 |
Jan-21 |
% Chg |
|
|
Trading Days |
20 |
19 |
22 |
20 |
19 |
||||
|
U.S. Equity Options Industry |
839,823,182 |
800,229,351 |
4.9% |
794,555,696 |
5.7% |
839,823,182 |
800,229,351 |
4.9% |
|
|
MIAX Exchange Group |
118,368,943 |
101,246,102 |
16.9% |
113,005,405 |
4.7% |
118,368,943 |
101,246,102 |
16.9% |
|
|
MIAX Options |
48,682,067 |
34,953,436 |
39.3% |
42,812,426 |
13.7% |
48,682,067 |
34,953,436 |
39.3% |
|
|
MIAX Pearl |
37,171,907 |
29,898,714 |
24.3% |
31,633,894 |
17.5% |
37,171,907 |
29,898,714 |
24.3% |
|
|
MIAX Emerald |
32,514,969 |
36,393,952 |
-10.7% |
38,559,085 |
-15.7% |
32,514,969 |
36,393,952 |
-10.7% |
|
|
Multi-Listed Options ADV |
Jan-22 |
Jan-21 |
% Chg |
Dec-21 |
% Chg |
Jan-22 |
Jan-21 |
% Chg |
|
|
U.S. Multi-Listed Options Industry |
41,991,159 |
42,117,334 |
-0.3% |
36,116,168 |
16.3% |
41,991,159 |
42,117,334 |
-0.3% |
|
|
MIAX Exchange Group |
5,918,447 |
5,328,742 |
11.1% |
5,136,609 |
15.2% |
5,918,447 |
5,328,742 |
11.1% |
|
|
MIAX |
2,434,103 |
1,839,655 |
32.3% |
1,946,019 |
25.1% |
2,434,103 |
1,839,655 |
32.3% |
|
|
MIAX Pearl |
1,858,595 |
1,573,617 |
18.1% |
1,437,904 |
29.3% |
1,858,595 |
1,573,617 |
18.1% |
|
|
MIAX Emerald |
1,625,748 |
1,915,471 |
-15.1% |
1,752,686 |
-7.2% |
1,625,748 |
1,915,471 |
-15.1% |
|
|
Multi-Listed Options Market Share for MIAX Exchange Group, Current Month |
Year-to-Date Comparison |
||||||||
|
Multi-Listed Options Market Share |
Jan-22 |
Jan-21 |
% Chg |
Dec-21 |
% Chg |
Jan-22 |
Jan-21 |
% Chg |
|
|
MIAX Exchange Group |
14.09% |
12.65% |
11.4% |
14.22% |
-0.9% |
14.09% |
12.65% |
11.4% |
|
|
MIAX |
5.80% |
4.37% |
32.7% |
5.39% |
7.6% |
5.80% |
4.37% |
32.7% |
|
|
MIAX Pearl |
4.43% |
3.74% |
18.5% |
3.98% |
11.2% |
4.43% |
3.74% |
18.5% |
|
|
MIAX Emerald |
3.87% |
4.55% |
-14.9% |
4.85% |
-20.2% |
3.87% |
4.55% |
-14.9% |
|
|
Equities Trading Volume for MIAX Pearl Equities, Current Month |
Year-to-Date Comparison |
|||||||
|
Equities Shares (millions) |
Jan-22 |
Jan-21 |
% Chg |
Dec-21 |
% Chg |
Jan-22 |
Jan-21 |
% Chg |
|
Trading Days |
20 |
19 |
22 |
20 |
19 |
|||
|
U.S. Equities Volume – Industry |
247,422 |
296,004 |
-16.4% |
238,603 |
3.7% |
247,422 |
296,004 |
-16.4% |
|
MIAX Pearl Volume |
2,438 |
506 |
381.7% |
1,940 |
25.7% |
2,438 |
506 |
381.7% |
|
MIAX Pearl ADV |
122 |
27 |
357.6% |
88 |
38.2% |
122 |
27 |
357.6% |
|
MIAX Pearl Market Share |
0.99% |
0.17% |
476.3% |
0.81% |
21.2% |
0.99% |
0.17% |
476.3% |
|
Futures & Options Trading Volume for MGEX, Current Month |
Year-to-Date Comparison |
|||||||
|
Futures & Options Contracts |
Jan-22 |
Jan-21 |
% Chg |
Dec-21 |
% Chg |
Jan-22 |
Jan-21 |
% Chg |
|
Trading Days |
20 |
19 |
22 |
20 |
19 |
|||
|
MGEX Volume |
277,151 |
238,733 |
16.1% |
215,062 |
28.9% |
277,151 |
238,733 |
16.1% |
|
MGEX ADV |
13,858 |
12,565 |
10.3% |
9,776 |
41.8% |
13,858 |
12,565 |
10.3% |
