Miami International Holdings Reports January 2021 Trading Results, Market Share and Volume Records for MIAX Exchange Group
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PRINCETON, N.J., Feb. 3, 2021 /PRNewswire/ Miami International Holdings, Inc. (MIH) today reported January 2021 trading results for its three national securities exchanges – MIAX
®, MIAX Pearl
® (together, the MIAX Exchange Group™).
In U.S. options, the MIAX Exchange Group collectively executed over 101 million equity option contracts for a combined average daily volume (ADV) of 5,328,742 contracts, representing a total U.S. equity options market share of 12.65%. The 12.65% market share represents an increase of over 22% from January 2020.
In U.S. equities, MIAX Pearl Equities™ executed 506,156,135 shares.
/PRNewswire/ Miami International Holdings, Inc. (MIH) today reported 2020 year-end options trading results for its three national securities exchanges –.
Miami International Holdings Acquires 100% Ownership of The Bermuda Stock Exchange
PRINCETON, N.J. and HAMILTON, Bermuda, Dec. 18, 2020 /PRNewswire/ Miami International Holdings (MIH), the parent holding company of MIAX
, and the Bermuda Stock Exchange (BSX) today announced that MIH has acquired 100% ownership of the BSX. MIH previously announced the acquisition of a majority interest in the exchange in November 2019. The BSX will continue its operations as a wholly owned subsidiary of MIH.
This acquisition aligns directly with MIH s corporate strategy, allowing the company to expand its world-class technology, derivatives trading and regulatory expertise to address emerging markets, such as digital assets, and provide the BSX with additional support in the evolving global (re)insurance risk market.
Futures Now Trading on the SPIKES Volatility Index
PRINCETON, N.J. and MINNEAPOLIS, Dec. 15, 2020 /PRNewswire/ Miami International Securities Exchange, LLC (MIAX) and the Minneapolis Grain Exchange (MGEX) today announce that a successful first day of futures trading on the SPIKES Volatility Index (SPIKES) took place yesterday on December 14. SPIKES Futures are a significant step forward for the volatility marketplace, adding necessary competition, choice and innovation, said Thomas P. Gallagher, Chairman and CEO of MIAX. With SPIKES Futures, investors have access to an advanced, competitively priced volatility trading product that further rounds out the SPIKES Volatility Products portfolio. We are excited that SPIKES Futures liquidity providers successfully began actively quoting yesterday, providing a tight market for SPIKES Futures right out of the gate.
MIAX and MGEX Announce SPIKES Futures December 14 Relaunch
PRINCETON, N.J. and MINNEAPOLIS, Dec. 10, 2020 /PRNewswire/ Miami International Securities Exchange, LLC (MIAX
) and the Minneapolis Grain Exchange (MGEX) today announce the planned December 14 relaunch of futures on the SPIKES Index (SPIKES Futures) on MGEX via the CME Globex platform. S&P 500 ETF (SPY), the most actively traded ETF in the world, and was developed by T3 Index, a firm that develops proprietary indexes. Available on MGEX via the CME Globex platform, SPIKES Futures (Ticker: SPK) offers a trading experience consistent with industry best practice tick size, notional value and contract specifications. SPIKES Futures introduces an innovative, efficient, accurate and cost-effective choice to the current volatility trading market. SPIKES Options are currently listed on MIAX.