#USA #Miami #MIAX Exchange #Futures Trading #Miami International

Miami International Holdings Reports Trading Results for February 2025

Miami International Holdings, Inc. (MIH) has announced impressive trading results for its U.S. exchange subsidiaries for February 2025. Bringing innovation and robust technology to the financial markets, MIH's platforms, including MIAX, MIAX Pearl, MIAX Emerald, and MIAX Sapphire, have reached unprecedented volumes, signaling a thriving growth trajectory.

Overall Trading Volume and Market Share

In February 2025, the MIAX Exchange Group collectively recorded a total of 163.9 million multi-listed options contracts traded. This figure indicates a 12.8% increase compared to the same month last year. Additionally, the year-to-date (YTD) trading volume reached a remarkable 341.3 million contracts, showcasing the group’s strong performance in the first quarter.

Despite setting these volume records, MIAX's overall market share slightly diminished to 15.8%, down 3.3% year-over-year (YoY). This indicates both a competitive market and the need for continual adaptation to maintain positions.

Individual Platform Highlights

Among the MIAX platforms, MIAX Sapphire stood out with a record monthly volume of 21.8 million contracts, demonstrating significant demand. Notably, MIAX Sapphire reached its own market share peak of 2.1%. On days such as February 21 and February 24, MIAX Sapphire notched daily records of 1.6 million contracts and 2.4% in market share, respectively.

In contrast, MIAX Options also made headlines with a monthly trading volume of 69.2 million contracts, representing an 18.6% YoY increase. Its market share improved to 6.7%, a solid 1.7% increase from the previous year. Subsequent analytics revealed that MIAX Options’ YTD volume and market share stand at 143.2 million contracts and 6.8%, respectively, indicating a promising upward trend.

Unfortunately, not all platforms experienced positive growth. MIAX Pearl Options faced a significant decline, with volumes plunging 42.8% YoY to 30.5 million contracts. Its market share fell dramatically by 50.9% to 2.9%. In contrast, MIAX Emerald capitalized on market opportunities with a monthly volume of 42.3 million contracts, a 25.9% increase YoY, and a market share boost to 4.1%, reflecting a healthy growth strategy and solid performance.

U.S. Equities and Futures Performance

In addition to options trading, MIAX is also making strides in the equities market. For February 2025, MIAX Pearl Equities reached a trading volume of 3.2 billion shares, although this represented a 20.4% decline YoY, with a market share of 1.1%.

Conversely, MIAX Futures, a designated market for futures trading, exhibited growth with 461,996 contracts traded in February, marking a 40.0% increase YoY. With an average daily volume for futures and options reaching 24,316 contracts, MIAX Futures has established itself firmly in this sector.

Conclusion

The data from MIAX for February 2025 presents a mixed bag of performance metrics, showcasing remarkable achievements in some segments while facing challenges in others. As MIAX continues to innovate and expand its trading capabilities, industry experts will be eager to see how the company adapts to the evolving market landscape. Investors and stakeholders should keep a close eye on MIAX's strategic developments, platform enhancements, and trading configurations as they navigate an increasingly dynamic financial environment.

For further information on MIAX's remarkable performance and innovations, visit their official website.