Miami International Holdings, Inc. today reported September 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 total U.S. multi-listed options market share of 14.50% in September 2021 was 79 basis points higher than the 13.71% market share in September 2020 and represented a 5.8% increase.
The MIAX Exchange Group collectively executed 110.8 million multi-listed options contracts in September 2021, representing an average daily volume (ADV) of 5,275,356 contracts.
In U.S. equities, MIAX Pearl Equities™ executed 1,379,358,616 shares in August 2021, a monthly volume record and an increase of 78.4% from August 2021. The September 2021 total also represented a market share record of 0.62%.
In U.S. futures, MGEX executed 324,299 contracts in September 2021, the 4th highest monthly total volume on record and representing an increase of 96.8% from the September 2020 total. Total volume during the January to September 2021 period reached a record 2,800,181 contracts, a 38.2% increase from the same period in 2020, while open interest totaled 88,618 contracts on September 30, 2021, an increase of 33.1% from the September 30, 2020 total.
SPIKES® Futures volume totaled a record 157,539 contracts in September 2021, up 83.4% from the 85,885 contract total in August 2021. SPIKES Futures volume reached a record ADV of 7,502 contracts in September 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 |
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|
Multi-Listed Options |
Sep-21 |
Sep-20 |
% Chg |
Aug-21 |
% Chg |
Sep-21 |
Sep-20 |
% Chg |
|
|
Trading Days |
21 |
21 |
22 |
188 |
189 |
||||
|
U.S. Equity Options Industry |
763,992,378 |
632,751,329 |
20.7% |
761,891,872 |
0.3% |
6,896,676,100 |
5,046,519,012 |
36.7% |
|
|
MIAX Exchange Group |
110,782,472 |
86,720,900 |
27.7% |
116,013,478 |
-4.5% |
989,154,877 |
605,449,661 |
63.4% |
|
|
MIAX Options |
43,883,693 |
36,901,910 |
18.9% |
47,123,249 |
-6.9% |
384,130,954 |
242,802,660 |
58.2% |
|
|
MIAX Pearl |
29,760,494 |
23,864,559 |
24.7% |
27,068,706 |
9.9% |
331,491,709 |
228,612,913 |
45.0% |
|
|
MIAX Emerald |
37,138,285 |
25,954,431 |
43.1% |
41,821,523 |
-11.2% |
273,532,214 |
134,034,088 |
104.1% |
|
|
Multi-Listed Options ADV |
Sep-21 |
Sep-20 |
% Chg |
Aug-21 |
% Chg |
Sep-21 |
Sep-20 |
% Chg |
|
|
U.S. Multi-Listed Options Industry |
36,380,589 |
30,131,016 |
20.7% |
34,631,449 |
5.1% |
36,684,447 |
26,701,159 |
37.4% |
|
|
MIAX Exchange Group |
5,275,356 |
4,129,567 |
27.7% |
5,273,340 |
0.0% |
5,261,462 |
3,203,437 |
64.2% |
|
|
MIAX |
2,089,700 |
1,757,234 |
18.9% |
2,141,966 |
-2.4% |
2,043,250 |
1,284,670 |
59.0% |
|
|
MIAX Pearl |
1,417,166 |
1,136,408 |
24.7% |
1,230,396 |
15.2% |
1,763,254 |
1,209,592 |
45.8% |
|
|
MIAX Emerald |
1,768,490 |
1,235,925 |
43.1% |
1,900,978 |
-7.0% |
1,454,959 |
709,175 |
105.2% |
|
|
Multi-Listed Options Market Share for MIAX Exchange Group, Current Month |
Year-to-Date Comparison |
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|
Multi-Listed Options Market |
Sep-21 |
Sep-20 |
% Chg |
Aug-21 |
% Chg |
Sep-21 |
Sep-20 |
% Chg |
|
|
MIAX Exchange Group |
14.50% |
13.71% |
5.8% |
15.23% |
-4.8% |
14.34% |
12.00% |
19.5% |
|
|
MIAX |
5.74% |
5.83% |
-1.5% |
6.19% |
-7.1% |
5.57% |
4.81% |
15.8% |
|
|
MIAX Pearl |
3.90% |
3.77% |
3.3% |
3.55% |
9.6% |
4.81% |
4.53% |
6.1% |
|
|
MIAX Emerald |
4.86% |
4.10% |
18.5% |
5.49% |
-11.4% |
3.97% |
2.66% |
49.3% |
|
|
Equities Trading Volume for MIAX Pearl Equities, Current Month |
Year-to-Date Comparison |
||||||||
|
Equities Shares (millions) |
Sep-21 |
Sep-20 |
% Chg |
Aug-21 |
% Chg |
Sep-21 |
Sep-20 |
% Chg |
|
|
Trading Days |
21 |
2 |
22 |
188 |
2 |
||||
|
U.S. Equities Volume – Industry |
222,234 |
NM |
NM |
198,022 |
12.2% |
2,180,672 |
NM |
NM |
|
|
MIAX Pearl Volume |
1,379 |
NM |
NM |
773 |
78.4% |
6,087 |
NM |
NM |
|
|
MIAX Pearl ADV |
66 |
NM |
NM |
37 |
77.5% |
32 |
NM |
NM |
|
|
MIAX Pearl Market Share |
0.62% |
NM |
NM |
0.39% |
59.1% |
0.28% |
NM |
NM |
|
|
NM - Not meaningful |
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|
Futures & Options Trading Volume for MGEX, Current Month |
Year-to-Date Comparison |
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|
Futures & Options Contracts |
Sep-21 |
Sep-20 |
% Chg |
Aug-21 |
% Chg |
Sep-21 |
Sep-20 |
% Chg |
|
|
Trading Days |
21 |
21 |
22 |
188 |
189 |
||||
|
MGEX Volume |
324,299 |
164,754 |
96.8% |
394,528 |
-17.8% |
2,800,181 |
2,026,152 |
38.2% |
|
|
MGEX ADV |
15,443 |
7,845 |
96.8% |
17,933 |
-13.9% |
14,895 |
10,720 |
38.9% |
|
For further information regarding MIAX, please visit www.MIAXOptions.com or contact MIAX Trading Operations at TradingOperations@MIAXOptions.com.
