April 2025 Trading Milestones: Record Performance of Miami International Holdings Across Its Exchanges

Overview

In April 2025, Miami International Holdings, Inc. (MIH) once again demonstrated its leadership as a technology-centric operator of regulated financial markets. The company reported astounding trading results that not only reached record monthly volumes but also set new year-to-date records across multiple exchanges within its portfolio, which includes MIAX Exchange Group and MIAX Futures.

Key Highlights of April 2025 Trading Volume

April 2025 saw multi-listed options volume for the MIAX Exchange Group rise to an impressive 191.1 million contracts, marking a 33.8% increase from the same month last year. Year-to-date volumes hit a new high of 706.0 million contracts, while the market share reached 16.4%, reflecting a robust 6.3% rise year-on-year. A remarkable daily volume record was also established on April 4th, reaching a staggering 13.5 million contracts traded in a single day.

Among the various exchanges, MIAX Sapphire stood out, achieving a record monthly trading volume of 36.8 million contracts, with its market share peaking at 3.2%. Launched just eight months earlier, MIAX Sapphire has quickly expanded its trading offerings to over 3,800 classes. Daily trading on this exchange also broke records, as it reached 3.0 million contracts on April 9th and a daily market share of 4.0% soon after.

MIAX Options experienced noteworthy growth as well, with a monthly volume of 81.5 million contracts — a 42.0% surge year-over-year. This remarkable performance translated to a market share of 7.0%, which is a 12.8% increase on the year. On April 4th, MIAX Options notably set a new daily trading record with 5.9 million contracts.

Meanwhile, MIAX Pearl Options reported a decline in volume, totaling 30.8 million contracts — a 38.3% decrease compared to April 2024. This led to a market share of 2.7%, down 50.9%. Conversely, MIAX Emerald showcased solid year-on-year growth with 42.0 million contracts traded, although its market share did slide slightly to 3.6% — a 6.0% reduction year-on-year.

U.S. Equities and Futures Market Performance

Turning to the equities market, MIAX Pearl Equities recorded a monthly trading volume of 4.3 billion shares, reflecting a 14.9% year-over-year decline. Despite this, MIAX Pearl Equities managed to secure a market share of 1.1%, down by 49.4%. A new record for daily volume was set on April 9th, where 351.1 million contracts were traded.

Futures trading under MIAX Futures has also seen growth, with a monthly trading volume reaching 375,074 contracts and a 10.3% year-on-year increase. Year-to-date figures indicated a strong performance with 1.5 million contracts traded and an average daily volume of 17,966 contracts.

Conclusion

The significant trading results for April 2025 underscore Miami International Holdings' continued expansion and commitment to providing innovative solutions in the market. The firm capitalizes on technology to enhance its trading environment across its suites of exchanges, representing a dynamic shift in the financial landscape. As the company continues to innovate and cater to the evolving needs of traders, the market is poised for even more substantial growth in the coming months. With remarkable advancements and trading performance, MIH stands as a beacon of success in the finance sector.

For more information on Miami International Holdings and its exchanges, visit their official website.