.jpg)
Miami International Holdings, Inc. (MIH) today reported July 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™).
July 2022 Trading Volume Highlights
- Total U.S. multi-listed options market share for the MIAX Exchange Group reached 13.57%, down 196 basis points year-over-year (YoY) and representing a 12.6% decrease. A total of 93.0 million multi-listed options contracts were executed on the MIAX Exchange Group, representing a 20.1% decrease YoY and an average daily volume (ADV) of 4,649,083 contracts. Total year-to-date (YTD) volume reached 755.7 million contracts, a decrease of 0.9% from the same period in 2021.
- MIAX Options reported record YTD volume of 313.7 million contracts, up 7.0% from the same period in 2021, with volume reaching 40.4 million contracts in July 2022, an 18.0% YoY decrease. MIAX Emerald reported YTD volume of 191.8 million contracts, a 1.4% decrease from the same period in 2021, with volume totaling 20.7 million contracts in July 2022, a 37.0% YoY decrease. MIAX Pearl reported YTD volume of 250.3 million contracts, an 8.9% decrease from the same period in 2021, with volume totaling 31.9 million contracts in July 2022, a 6.8% YoY decrease.
- In U.S. equities, MIAX Pearl Equities™ reported monthly volume of 2.0 billion shares in July 2022, representing a 164.8% increase YoY and a market share of 0.91%. Total YTD volume reached a record 17.2 billion shares, a 337.8% increase from the same period in 2021.
- In U.S. futures, MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reported trading volume of 236,941 contracts in July 2022, a 20.3% decrease YoY. Total YTD volume reached 2,023,955 contracts, a decrease of 2.8% from the same period in 2021.
- SPIKES® Futures volume totaled 42,286 contracts in July 2022, a 26.2% increase YoY and representing an ADV of 2,114 contracts.
Additional MIAX Exchange Group and MGEX 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 |
Jul-22 |
Jul-21 |
% Chg |
Jun-22 |
% Chg |
Jul-22 |
Jul-21 |
% Chg |
|
Trading Days |
20 |
21 |
21 |
144 |
145 |
|||
|
U.S. Equity Options Industry |
685,359,630 |
749,029,013 |
-8.5 % |
741,603,725 |
-7.6 % |
5,440,700,855 |
5,370,791,850 |
1.3 % |
|
MIAX Exchange Group |
92,981,667 |
116,326,908 |
-20.1 % |
101,901,906 |
-8.8 % |
755,738,037 |
762,358,927 |
-0.9 % |
|
MIAX Options |
40,410,802 |
49,303,729 |
-18.0 % |
42,892,899 |
-5.8 % |
313,644,630 |
293,124,012 |
7.0 % |
|
MIAX Pearl |
31,905,134 |
34,237,820 |
-6.8 % |
36,593,211 |
-12.8 % |
250,339,980 |
274,662,509 |
-8.9 % |
|
MIAX Emerald |
20,665,731 |
32,785,359 |
-37.0 % |
22,415,796 |
-7.8 % |
191,753,427 |
194,572,406 |
-1.4 % |
|
Multi-Listed Options ADV |
Jul-22 |
Jul-21 |
% Chg |
Jun-22 |
% Chg |
Jul-22 |
Jul-21 |
% Chg |
|
U.S. Equity Options Industry |
34,267,982 |
35,668,048 |
-3.9 % |
35,314,463 |
-3.0 % |
37,782,645 |
37,039,944 |
2.0 % |
|
MIAX Exchange Group |
4,649,083 |
5,539,377 |
-16.1 % |
4,852,472 |
-4.2 % |
5,248,181 |
5,257,648 |
-0.2 % |
|
MIAX Options |
2,020,540 |
2,347,797 |
-13.9 % |
2,042,519 |
-1.1 % |
2,178,088 |
2,021,545 |
7.7 % |
|
MIAX Pearl |
1,595,257 |
1,630,372 |
-2.2 % |
1,742,534 |
-8.5 % |
1,738,472 |
1,894,224 |
-8.2 % |
|
MIAX Emerald |
1,033,287 |
1,561,208 |
-33.8 % |
1,067,419 |
-3.2 % |
1,331,621 |
1,341,879 |
-0.8 % |
|
Multi-Listed Options Market Share for MIAX Exchange Group, Current Month |
Year-to-Date Comparison |
|||||||
|
Multi-Listed Options Market |
Jul-22 |
Jul-21 |
% Chg |
Jun-22 |
% Chg |
Jul-22 |
Jul-21 |
% Chg |
|
MIAX Exchange Group |
13.57 % |
15.53 % |
-12.6 % |
13.74 % |
-1.3 % |
13.89 % |
14.19 % |
-2.1 % |
|
MIAX Options |
5.90 % |
6.58 % |
-10.4 % |
5.78 % |
1.9 % |
5.76 % |
5.46 % |
5.6 % |
|
MIAX Pearl |
4.66 % |
4.57 % |
1.8 % |
4.93 % |
-5.7 % |
4.60 % |
5.11 % |
-10.0 % |
|
MIAX Emerald |
3.02 % |
4.38 % |
-31.1 % |
3.02 % |
-0.2 % |
3.52 % |
3.62 % |
-2.7 % |
|
Equities Trading Volume for MIAX Pearl Equities, Current Month |
Year-to-Date Comparison |
|||||||
|
Equities Shares (millions) |
Jul-22 |
Jul-21 |
% Chg |
Jun-22 |
% Chg |
Jul-22 |
Jul-21 |
% Chg |
|
Trading Days |
20 |
21 |
21 |
144 |
145 |
|||
|
U.S. Equities Industry |
214,812 |
204,565 |
5.0 % |
267,915 |
-19.8 % |
1,793,657 |
1,761,203 |
1.8 % |
|
MIAX Pearl Volume |
1,962 |
741 |
164.8 % |
2,373 |
-17.3 % |
17,228 |
3,935 |
337.8 % |
|
MIAX Pearl ADV |
98 |
35 |
178.0 % |
113 |
-13.2 % |
120 |
27 |
340.8 % |
|
MIAX Pearl Market Share |
0.91 % |
0.36 % |
152.2 % |
0.89 % |
3.1 % |
0.96 % |
0.22 % |
329.9 % |
|
Futures & Options Trading Volume for MGEX, Current Month |
Year-to-Date Comparison |
|||||||
|
Futures & Options Contracts |
Jul-22 |
Jul-21 |
% Chg |
Jun-22 |
% Chg |
Jul-22 |
Jul-21 |
% Chg |
|
Trading Days |
20 |
21 |
21 |
144 |
145 |
|||
|
MGEX Futures Volume |
236,941 |
297,235 |
-20.3 % |
347,471 |
-31.8 % |
2,023,955 |
2,081,354 |
-2.8 % |
|
MGEX ADV |
11,847 |
14,154 |
-16.3 % |
16,546 |
-28.4 % |
14,055 |
14,354 |
-2.1 % |
