Miami International Holdings, Inc. today reported the September 2018 trading activity for its two fully electronic options exchanges – MIAX Options® and MIAX PEARL™ (together, the MIAX Exchange Group™). The MIAX Exchange Group collectively executed over 30.7 million contracts in September 2018 for a combined average daily volume (ADV) of 1,617,423 contracts, representing a total U.S. equity options market share of 9.53%.
Detailed volume statistics are as follows:
|
Trading Volume for MIAX Options and MIAX PEARL, |
Year-to-Date Comparison |
|||||||
|
Total Options Contracts |
Sept 2018 |
Sept 2017 |
% Chg |
Aug 2018 |
% Chg |
Sept 2018 |
Sept 2017 |
% Chg |
|
Trading Days |
19 |
20 |
23 |
188 |
188 |
|||
|
U.S. Equity Options Industry |
322,566,988 |
282,159,560 |
14.3% |
384,002,068 |
-16.0% |
3,319,482,111 |
2,726,899,564 |
21.7% |
|
MIAX Exchange Group |
30,731,033 |
19,351,830 |
58.8% |
37,642,941 |
-18.4% |
301,748,757 |
172,269,352 |
75.2% |
|
MIAX Options |
14,591,474 |
13,819,054 |
5.6% |
17,270,967 |
-15.5% |
149,805,448 |
149,685,307 |
0.1% |
|
MIAX PEARL |
16,139,559 |
5,532,776 |
191.7% |
20,371,974 |
-20.8% |
151,943,309 |
22,584,045 |
572.8% |
|
Options ADV |
Sept 2018 |
Sept 2017 |
% Chg |
Aug 2018 |
% Chg |
Sept 2018 |
Sept 2017 |
% Chg |
|
U.S. Equity Options Industry |
16,977,210 |
14,107,978 |
20.3% |
16,695,742 |
1.7% |
17,656,820 |
14,504,785 |
21.7% |
|
MIAX Exchange Group |
1,617,423 |
967,592 |
67.2% |
1,636,650 |
-1.2% |
1,605,047 |
916,326 |
75.2% |
|
MIAX Options |
767,972 |
690,953 |
11.1% |
750,912 |
2.3% |
796,837 |
796,198 |
0.1% |
|
MIAX PEARL |
849,450 |
276,639 |
207.1% |
885,738 |
-4.1% |
808,209 |
120,128 |
572.8% |
|
Market Share |
Sept 2018 |
Sept 2017 |
% Chg |
Aug 2018 |
% Chg |
Sept 2018 |
Sept 2017 |
% Chg |
|
MIAX Exchange Group |
9.53% |
6.86% |
38.9% |
9.80% |
-2.8% |
9.09% |
6.32% |
43.9% |
|
MIAX Options |
4.52% |
4.90% |
-7.6% |
4.50% |
0.6% |
4.51% |
5.49% |
-17.8% |
|
MIAX PEARL |
5.00% |
1.96% |
155.2% |
5.31% |
-5.7% |
4.58% |
0.83% |
452.7% |
Other news and achievements include:
- The MIAX Exchange Group
- Ranked 15th in the world in contracts traded and/or cleared in the Futures Industry Association's (FIA) half-year 2018 report on trading activity in the global exchange-traded derivatives market, after ranking 19th overall in FIA's 2017 annual report. Among the top 40 derivatives markets, the MIAX Exchange Group ranked 1st in year-over-year growth.
