Miami International Holdings, Inc. today reported July 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 16.70% single day market share record on July 2, 2021 and a monthly market share record of 15.53% in July 2021. In addition, MIAX Emerald reported a 6.92% single day market share record on July 29, 2021. The total U.S. multi-listed options market share of 15.53% in July 2021 was 412 basis points higher than the 11.41% market share in June 2020 and represented a 36.1% increase.
The MIAX Exchange Group collectively executed over 116.3 million multi-listed options contracts in July 2021, representing an average daily volume (ADV) of 5,539,377 contracts.
In U.S. equities, MIAX Pearl Equities™ executed 741,044,038 shares in July 2021, a new monthly volume record and an increase of 5.0% from June 2021.
In U.S. futures, MGEX executed 297,235 contracts, the 7th highest monthly total volume on record and representing an increase of 94.8% from the July 2020 total. Total volume during the January to July 2021 period reached 2,081,354 contracts, a 34.9% increase from the same period in 2020, while open interest totaled 99,968 contracts on July 30, 2021, an increase of 30.5% from the July 30, 2020 total.
SPIKES® Futures volume totaled a record 33,510 contracts in July 2021, up 1,122.5% from the 2,741 contract total in June 2021. SPIKES Futures volumes reached a record ADV of 1,596 contracts in July 2021 and a single day volume record of 4,097 contracts on July 13, 2021.
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|
Multi-Listed Options Trading Volume for MIAX Exchange Group, Current Month |
Year-to-Date Comparison |
|||||||
|
Multi-Listed Options Contracts |
Jul-21 |
Jul-20 |
% Chg |
Jun-21 |
% Chg |
Jul-21 |
Jul-20 |
% Chg |
|
|
Trading Days |
21 |
22 |
|
22 |
|
145 |
147 |
|
|
|
U.S. Multi-Listed Options Industry |
749,029,013 |
582,318,225 |
28.6% |
651,089,358 |
15.0% |
5,370,791,850 |
3,249,054,726 |
65.3% |
|
|
MIAX Exchange Group |
116,326,908 |
66,453,392 |
75.1% |
82,030,056 |
41.8% |
762,358,927 |
381,278,555 |
99.9% |
|
|
MIAX |
49,303,729 |
28,259,455 |
74.5% |
32,868,021 |
50.0% |
293,124,012 |
149,342,588 |
96.3% |
|
|
MIAX Pearl |
34,237,820 |
24,098,544 |
42.1% |
34,463,389 |
-0.7% |
274,662,509 |
156,844,352 |
75.1% |
|
|
MIAX Emerald |
32,785,359 |
14,095,393 |
132.6% |
14,698,646 |
123.1% |
194,572,406 |
75,091,615 |
159.1% |
|
|
Multi-Listed Options ADV |
Jul-21 |
Jul-20 |
% Chg |
Jun-21 |
|
% Chg |
Jul-21 |
Jul-20 |
% Chg |
|
U.S. Multi-Listed Options Industry |
35,668,048 |
26,469,010 |
34.8% |
29,594,971 |
|
20.5% |
37,039,944 |
22,102,413 |
67.6% |
|
MIAX Exchange Group |
5,539,377 |
3,020,609 |
83.4% |
3,728,639 |
|
48.6% |
5,257,648 |
2,593,732 |
102.7% |
|
MIAX |
2,347,797 |
1,284,521 |
82.8% |
1,494,001 |
|
57.1% |
2,021,545 |
1,015,936 |
99.0% |
|
MIAX Pearl |
1,630,372 |
1,095,388 |
48.8% |
1,566,518 |
|
4.1% |
1,894,224 |
1,066,968 |
77.5% |
|
MIAX Emerald |
1,561,208 |
640,700 |
143.7% |
668,120 |
|
133.7% |
1,341,879 |
510,827 |
162.7% |
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|
Multi-Listed Options Market Share for MIAX Exchange Group, Current Month |
|
Year-to-Date Comparison |
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|
Multi-Listed Options Market Share |
Jul-21 |
Jul-20 |
% Chg |
Jun-21 |
|
% Chg |
Jul-21 |
Jul-20 |
% Chg |
|
MIAX Exchange Group |
15.53% |
11.41% |
36.1% |
12.60% |
|
23.3% |
14.19% |
11.74% |
21.0% |
|
MIAX |
6.58% |
4.85% |
35.6% |
5.05% |
|
30.4% |
5.46% |
4.60% |
18.7% |
|
MIAX Pearl |
4.57% |
4.14% |
10.5% |
5.29% |
|
-13.6% |
5.11% |
4.83% |
5.9% |
|
MIAX Emerald |
4.38% |
2.42% |
80.8% |
2.26% |
|
93.9% |
3.62% |
2.31% |
56.8% |
|
|
Equities Trading Volume for MIAX Pearl Equities, Current Month |
|
Year-to-Date Comparison |
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|
Equities Shares (millions) |
Jul-21 |
Jul-20 |
% Chg |
Jun-21 |
% Chg |
Jul-21 |
Jul-20 |
% Chg |
|
Trading Days |
21 |
22 |
|
22 |
|
145 |
147 |
|
|
U.S. Equities Volume – Industry |
204,551 |
0 |
NA |
244,472 |
-16.3% |
1,760,416 |
0 |
NA |
|
MIAX Pearl Volume |
741 |
0 |
NA |
706 |
5.0% |
3,935 |
0 |
NA |
|
MIAX Pearl ADV |
35 |
0 |
NA |
32 |
10.0% |
27 |
0 |
NA |
|
MIAX Pearl Market Share |
0.36% |
NA |
NA |
0.29% |
25.5% |
0.22% |
NA |
NA |
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|
Futures & Options Trading Volume fo MGEX, Current Month |
r |
Year-to-Date Comparison |
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|
Futures & Options Contracts |
Jul-21 |
Jul-20 |
% Chg |
Jun-21 |
% Chg |
Jul-21 |
Jul-20 |
% Chg |
|
Trading Days |
21 |
22 |
|
22 |
|
145 |
147 |
|
|
MGEX Volume |
297,235 |
152,619 |
94.8% |
412,672 |
-28.0% |
2,081,354 |
1,542,406 |
34.9% |
|
MGEX ADV |
14,154 |
6,937 |
104.0% |
18,758 |
-24.5% |
14,354 |
10,493 |
36.8% |
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 |
16.70% |
July 2, 2021 |
|
Monthly |
Market Share |
15.53% |
July 2021 |
|
|
MIAX Emerald Multi-Listed Options Records |
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|
Single Day |
Market Share |
6.92% |
July 29, 2021 |
For further information regarding MIAX, please visit www.MIAXOptions.com