Miami International Holdings Reports March 2022 Business Results

– Volume records since the beginning of the year on all exchanges –

PRINCETON, N.J., April 5, 2022 /PRNewswire/ — Miami International Holdings, Inc. (MIH) today announced March 2022 trading results of its US stock exchange subsidiaries – MIAX®Pearl MIAX® and MIAX Emerald® (together, the MIAX Exchange Group™) and Minneapolis Grain Exchange (MGEX™). Total year-to-date volume for all MIH exchanges reached record highs in the first quarter of 2022.

March 2022 Trading Volume Highlights

  • Total U.S. multi-listed options market share for the MIAX Exchange Group reached 13.8%, up 10 basis points year-on-year (YoY) and representing an increase of 0.8 %. The MIAX Exchange Group collectively executed 121.8 million multi-listed options contracts during the month, representing a year-over-year increase of 4.2% and an average daily volume (ADV) of 5,295,073 contracts. Total year-to-date volume reached a record 347,626,738 contracts, an increase of 7.5% compared to the same period in 2021.
  • In US equities, MIAX Pearl Equities™ recorded a record monthly volume of 3.0 billion shares in March 2022, representing a 520.5% year-on-year increase and a market share of 0.94%. Total year-to-date volume reached a record 7.6 billion contracts, an increase of 415.2% compared to the same period in 2021.
  • MGEX, a Designated Contracts Market (DCM) and Derivatives Clearing Organization (DCO), recorded a record trading volume of 342,172 contracts, a 31.8% year-on-year increase and the highest total volume high for March in MGEX history. Total year-to-date volume reached a record 931,091 contracts, an increase of 18.1% compared to the same period in 2021.
  • POINTS® The volume of futures contracts totaled 40,827 contracts in March 2022a decrease of 29.3% compared to the total of 57,738 contracts in February 2022 and representing an ADV of 1,775 contracts.

Additional details about MIAX Exchange Group and MGEX volumes are included in the following tables.


Multi-listed options trading volume for

MIAX Exchange Group, current month

Year-to-date comparison

Multi-listed options
Contracts

March 22

March 21st

% changes

February 22

% changes

March 22

March 21st

% changes

Trading days

23

23


19


62

61


American stock options industry

885 713 224

856 908 768

3.4%

756 120 415

17.1%

2,481,656,821

2,443,233,864

1.6%

MIAX Exchange Group

121 786 671

116 927 971

4.2%

107 471 124

13.3%

347 626 738

323 257 959

7.5%

MIAX Options

49 250 401

37,494,076

31.4%

43,340,551

13.6%

141 273 019

105,627,843

33.7%

Pearl MIAX

38,025,689

52,194,814

-27.1%

36,562,507

4.0%

111 760 103

121 671 476

-8.1%

MIAX Emerald

34,510,581

27,239,081

26.7%

27,568,066

25.2%

94 593 616

95,958,640

-1.4%

ADV multi-listed options

March 22

March 21st

% changes

February 22

% changes

March 22

March 21st

% changes

US multi-listed options industry

38,509,271

37,256,903

3.4%

39,795,811

-3.2%

40,026,723

40,053,014

-0.1%

MIAX Exchange Group

5,295,073

5,083,825

4.2%

5,656,375

-6.4%

5,606,883

5,299,311

5.8%

MIAX options

2,141,322

1,630,177

31.4%

2,281,082

-6.1%

2,278,597

1,731,604

31.6%

Pearl MIAX

1,653,291

2,269,340

-27.1%

1,924,342

-14.1%

1 802 582

1,994,614

-9.6%

MIAX Emerald

1,500 460

1,184,308

26.7%

1,450,951

3.4%

1,525,703

1,573,092

-3.0%





Market share of multi-listed options for

MIAX Exchange Group, current month

Year-to-date comparison

Multi-listed options market
To share

March 22

March 21st

% changes

February 22

% changes

March 22

March 21st

% changes

MIAX Exchange Group

13.75%

13.65%

0.8%

14.21%

-3.3%

14.01%

13.23%

5.9%

MIAX Options

5.56%

4.38%

27.1%

5.73%

-3.0%

5.69%

4.32%

31.7%

Pearl MIAX

4.29%

6.09%

-29.5%

4.84%

-11.2%

4.50%

4.98%

-9.6%

MIAX Emerald

3.90%

3.18%

22.6%

3.65%

6.9%

3.81%

3.93%

-2.9%





Stock trading volume for

MIAX Pearl Equities, current month

Year-to-date comparison

Shares Shares (millions)

March 22

March 21st

% changes

February 22

% changes

March 22

March 21st

% changes

Trading days

23

23


19


62

61


US Equity Volume – Industrials

320,088

307 151

4.2%

231,071

38.5%

798,580

893 645

-10.6%

MIAX Pearl Volume

3,021

487

520.5%

2,116

42.7%

7,575

1,470

415.2%

MIAX Pearl ADV

131

21

520.5%

111

17.9%

122

24

406.9%

MIAX Pearl market share

0.94%

0.16%

495.4%

0.92%

3.0%

0.95%

0.16%

476.5%





Futures and options trading volume for

MGEX, current month

Year-to-date comparison

Futures and Options

Contracts

March 22

March 21st

% changes

February 22

% changes

March 22

March 21st

% changes

Trading days

23

23


19


62

61


MGEX volume

342 172

259,617

31.8%

311,768

9.8%

931 091

788 162

18.1%

AV MGEX

14,877

11,288

31.8%

16,409

-9.3%

15,018

12,921

16.2%

About MIAX
MIAX’s parent company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEX™) and Bermuda Stock Exchange (BSX).

MIAX, MIAX Pearl, and MIAX Emerald are National Stock Exchanges registered with the Securities and Exchange Commission (SEC) that leverage MIAX’s state-of-the-art technology and infrastructure to provide options trading to their member firms listed in the United States. MIAX serves as the exclusive trading venue for cash-settled options on SPIKES® Volatility Index (Ticker: SPIKE), a measure of expected 30-day volatility in the SPDR® S&P500® ETF (SPY). In addition to options, MIAX Pearl makes it easy to trade stocks for cash through MIAX Pearl Equities™.

MGEX is a registered exchange with the Commodity Futures Trading Commission (CFTC) and is a futures exchange registered with the SEC. MGEX serves as the exclusive marketplace for a variety of commodities including Hard Red Spring Wheat, SPIKES Futures, BRIXX™ Commercial Real Estate Futures and TAX Futures. MGEX is a Designated Contracts Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM, DCO and spot market services across a range of asset classes.

BSX is one of the leading international electronic securities markets regulated by the Bermuda Monetary Authority (BMA), specializing in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and insurance-linked securities. A full member of the World Federation of Exchanges and an affiliate member of the International Organization of Securities Commissions, BSX is recognized globally, including by the SEC.

MIAX’s executive offices and national operations center are located in Princeton, New Jerseywith additional offices located in Miami, Florida, Minneapolis, Minnesotaand Hamilton, Bermuda.

To learn more about MIAX, visit www.MIAXOptions.com.

To learn more about MGEX, visit www.mgex.com.

To learn more about BSX, visit www.bsx.com.

Disclaimer and Caution Regarding Forward-Looking Statements
The press release does not constitute an offer to sell or a solicitation of an offer to buy securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and does not constitute an offer, solicitation or sale in any state. or the jurisdiction in which this offer; the solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and are generally preceded by words such as ” may”, “future”, “plan” or “expected”, “shall” or “should”, “expect”, “anticipate”, “draft”, “possibly” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ. significantly from those projected. in forward-looking statements.

All third party marks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company’s use of third party marks does not indicate any relationship, sponsorship or endorsement between the owners of such marks and the Company. Any reference by the Company to third-party trademarks serves to identify the corresponding third-party goods and/or services and will be considered nominative fair use under trademark law.

Media Contact:
Andy NyboSenior Vice President, Director of Communications
(609) 955-2091
[email protected]

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