07.11.2022

MIAX Exchange Group Reports Year-To-Date Record Volume

07.11.2022
MIAX Exchange Group Reports Year-To-Date Record Volume

Miami International Holdings, Inc. (MIH) today reported June 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™).

June 2022 Trading Volume Highlights

  • Total U.S. multi-listed options market share for the MIAX Exchange Group reached 13.74%, down 171 basis points year-over-year (YoY) and representing an 11.1% decrease. A total of 101.9 million multi-listed options contracts were executed on the MIAX Exchange Group, representing a 20.2% decrease YoY and an average daily volume (ADV) of 4,852,472 contracts. Total year-to-date (YTD) volume reached a record 662.8 million contracts, an increase of 2.6% from the same period in 2021.
  • MIAX Options reported record YTD volume of 273.2 million contracts, up 12.1% from the same period in 2021, with volume reaching 42.9 million contracts in June 2022, a 22.6% YoY decrease. MIAX Emerald reported record YTD volume of 171.1 million contracts, a 5.7% increase from the same period in 2021, with volume totaling 22.4 million contracts in June 2022, a 16.4% YoY decrease. MIAX Pearl reported YTD volume of 218.4 million contracts, a 9.1% decrease from the same period in 2021, with volume totaling 36.6 million contracts in June 2022, a 19.5% YoY decrease.
  • In U.S. equities, MIAX Pearl Equities™ reported monthly volume of 2.4 billion shares in June 2022, representing a 236.1% increase YoY and a market share of 0.89%. Total YTD volume reached a record 15.3 billion shares, a 513.5% increase from the same period in 2021.
  • MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reported trading volume of 347,471 contracts in June 2022, a 15.8% decrease YoY. Total YTD volume reached a record 1,787,014 contracts, an increase of 0.2% from the same period in 2021.
  • SPIKES® Futures volume totaled 63,343 contracts in June 2022, a 53.4% increase from the 41,289 contract total in May 2022 and representing an ADV of 3,016 contracts.

Source: MIH

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