#USA #Miami #MIAX Exchange #trading volume #Miami International

Trading Results Overview

In a remarkable showing, Miami International Holdings, Inc. (MIH) has released its trading metrics for May 2025, revealing a substantial surge in activity across its U.S. exchange subsidiaries, including MIAX® and MIAX Pearl®. The statistics indicate a vibrant trading environment, with a notable growth in options volume and market share.

Key Highlights

The multi-listed options trading volume for the MIAX Exchange Group experienced an impressive escalation, reaching 188.1 million contracts in May 2025. This marks a 44.2% year-over-year increase, contributing to an unprecedented 894.1 million contracts traded year-to-date. Furthermore, the market share soared to a record 17.4%, reflecting an 18.8% rise compared to the previous year. A standout moment in May was the daily market share peak of 19.8% witnessed on May 21, 2025.

Exchange Performance Breakdown

• - MIAX Sapphire: Launched in August 2024, MIAX Sapphire achieved a monthly trading volume of 35.7 million contracts in May, boasting a market share of 3.3%.
• - MIAX Options: Perhaps the most successful among the exchanges, MIAX Options recorded a staggering 89.2 million contracts, which translates to a 69.7% increase from the previous May. Its market share climbed to 8.3%, more than 39% higher than the same period last year.
• - MIAX Pearl Options: In contrast to its peers, MIAX Pearl Options faced challenges, with a volume decrease to 23.9 million contracts, equating to a 44.5% drop year-over-year and capturing only 2.2% market share.
• - MIAX Emerald: Conversely, MIAX Emerald showcased resilience with a 39.4 million contracts traded, marking a 13.0% growth from the previous year, while its market share stabilized at 3.6%.

Equities and Futures Performance

In the equities market, MIAX Pearl Equities reported trading of 4.0 billion shares, which reflects a 12.1% decrease year-over-year, resulting in a modest 1.1% market share. The MIAX Futures segment also exhibited growth, with a monthly volume of 279,105 contracts, representing a 26.7% increase compared to last year.

Looking Ahead

With its continued growth trajectory, MIAX and its exchanges appear well-positioned to capitalize on ongoing opportunities in the financial markets. The robust performance in trading volumes aligns well with MIH's technological advancements and commitment to enhancing market efficiency.

In summary, Miami International Holdings stands out as a key player in the financial market landscape, bolstered by substantial trading volumes and an expanding market share across its exchange offerings. As investors and market participants increasingly rely on these platforms, MIH is set to shape the trading environment for the foreseeable future.

For more information about MIAX and its trading operations, please visit MIAX Global.