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Miami International Holdings, Inc. today reported October 2021 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 14.32% in October 2021, 205 basis points higher than the 12.26% market share in October 2020 and representing a 16.8% increase.
The MIAX Exchange Group collectively executed 111.3 million multi-listed options contracts in October 2021, representing an average daily volume (ADV) of 5,299,758 contracts.
In U.S. equities, MIAX Pearl Equities™ executed 1,428,762,583 shares in October 2021, a monthly volume record and an increase of 3.6% from September 2021. The October 2021 total also represented a market share record of 0.65%.
In U.S. futures, MGEX executed 436,947 contracts in October 2021, the second highest monthly total volume on record and representing an increase of 62.7% from the October 2020 total. Total volume during the January to October 2021 period reached a record 3,237,128 contracts, a 41.1% increase from the same period in 2020, while open interest totaled 96,196 contracts on October 31, 2021, an increase of 21.4% from the October 31, 2020 total.
SPIKES® Futures volume totaled a record 250,982 contracts in October 2021, up 59.3% from the 157,538 contract total in September 2021. SPIKES Futures volume reached a record ADV of 11,952 contracts in October 2021. In addition, SPIKES Futures volume on October 22, 2021 totaled a new daily record volume of 22,872 contracts.
|
Multi-Listed Options Trading Volume for MIAX Exchange Group, Current Month |
Year-to-Date Comparison |
|||||||
|
Multi-Listed Options Contracts |
Oct-21 |
Oct-20 |
% Chg |
Sep-21 |
% Chg |
Oct-21 |
Oct-20 |
% Chg |
|
Trading Days |
21 |
22 |
21 |
209 |
211 |
|||
|
U.S. Equity Options Industry |
777,425,367 |
597,964,688 |
30.0% |
763,992,378 |
1.8% |
7,674,101,467 |
5,644,483,700 |
36.0% |
|
MIAX Exchange Group |
111,294,908 |
73,320,613 |
51.8% |
110,782,472 |
0.5% |
1,100,449,785 |
678,770,274 |
62.1% |
|
MIAX Options |
45,154,248 |
31,035,089 |
45.5% |
43,883,693 |
2.9% |
429,285,202 |
273,837,749 |
56.8% |
|
MIAX Pearl |
29,496,984 |
20,740,055 |
42.2% |
29,760,494 |
-0.9% |
360,988,693 |
249,352,968 |
44.8% |
|
MIAX Emerald |
36,643,676 |
21,545,469 |
70.1% |
37,138,285 |
-1.3% |
310,175,890 |
155,579,557 |
99.4% |
|
Multi-Listed Options ADV |
Oct-21 |
Oct-20 |
% Chg |
Sep-21 |
% Chg |
Oct-21 |
Oct-20 |
% Chg |
|
U.S. Multi-Listed Options Industry |
37,020,256 |
27,180,213 |
36.2% |
36,380,589 |
1.8% |
36,718,189 |
26,751,108 |
37.3% |
|
MIAX Exchange Group |
5,299,758 |
3,332,755 |
59.0% |
5,275,356 |
0.5% |
5,265,310 |
3,216,921 |
63.7% |
|
MIAX |
2,150,202 |
1,410,686 |
52.4% |
2,089,700 |
2.9% |
2,053,996 |
1,297,809 |
58.3% |
|
MIAX Pearl |
1,404,618 |
942,730 |
49.0% |
1,417,166 |
-0.9% |
1,727,219 |
1,181,768 |
46.2% |
|
MIAX Emerald |
1,744,937 |
979,340 |
78.2% |
1,768,490 |
-1.3% |
1,484,095 |
737,344 |
101.3% |
|
Multi-Listed Options Market Share for MIAX Exchange Group, Current Month |
Year-to-Date Comparison |
|||||||
|
Multi-Listed Options Market Share |
Oct-21 |
Oct-20 |
% Chg |
Sep-21 |
% Chg |
Oct-21 |
Oct-20 |
% Chg |
|
MIAX Exchange Group |
14.32% |
12.26% |
16.8% |
14.50% |
-1.3% |
14.34% |
12.03% |
19.2% |
|
MIAX |
5.81% |
5.19% |
11.9% |
5.74% |
1.1% |
5.59% |
4.85% |
15.3% |
|
MIAX Pearl |
3.79% |
3.47% |
9.4% |
3.90% |
-2.6% |
4.70% |
4.42% |
6.5% |
|
MIAX Emerald |
4.71% |
3.60% |
30.8% |
4.86% |
-3.0% |
4.04% |
2.76% |
46.6% |
|
Equities Trading Volume for MIAX Pearl Equities, Current Month |
Year-to-Date Comparison |
|||||||
|
Equities Shares (millions) |
Oct-21 |
Oct-20 |
% Chg |
Sep-21 |
% Chg |
Oct-21 |
Oct-20 |
% Chg |
|
Trading Days |
21 |
22 |
21 |
209 |
NM |
|||
|
U.S. Equities Volume – Industry |
218,290 |
199,522 |
9.4% |
222,234 |
-1.8% |
2,397,262 |
NM |
NM |
|
MIAX Pearl Volume |
1,429 |
NM |
NM |
1,379 |
3.6% |
7,516 |
NM |
NM |
|
MIAX Pearl ADV |
68 |
NM |
NM |
66 |
3.6% |
36 |
NM |
NM |
|
MIAX Pearl Market Share |
0.65% |
NM |
NM |
0.62% |
5.5% |
0.31% |
NM |
NM |
|
NM - Not meaningful |
||||||||
|
Futures & Options Trading Volume for MGEX, Current Month |
Year-to-Date Comparison |
|||||||
|
Futures & Options Contracts |
Oct-21 |
Oct-20 |
% Chg |
Sep-21 |
% Chg |
Oct-21 |
Oct-20 |
% Chg |
|
Trading Days |
21 |
22 |
21 |
209 |
211 |
|||
|
MGEX Volume |
436,947 |
268,611 |
62.7% |
324,299 |
34.7% |
3,237,128 |
2,294,763 |
41.1% |
|
MGEX ADV |
20,807 |
12,210 |
70.4% |
15,443 |
34.7% |
15,489 |
10,876 |
42.4% |
