Miami International Holdings Reports Record Trading Results for 2025
Miami International Holdings, Inc. (MIAX), a recognized leader in regulated financial markets, has published its trading results for December and the entire year of 2025. The company's impressive numbers reflect its focus on technology and market innovation, establishing a strong position in the financial services industry.
December Achievements
In December 2025, the MIAX Exchange Group achieved an outstanding average daily volume (ADV) of 11.1 million contracts. This figure marks a significant 46.5% increase when compared to the same month in the previous year, as well as a 15.3% growth from the preceding quarter. The aggressive increase in trading activity signals robust market participation and confidence in MIAX exchange products.
Full Year Milestones
Overall, 2025 proved to be a groundbreaking year for MIAX, which recorded an average daily volume of 9.5 million contracts—a substantial 42.2% increase year-over-year. This impressive growth trajectory indicates a strengthening market presence in U.S. options trading. Notably, the exchange group reached a quarterly market share record of 18.2% in Q4 2025, signifying a 14.1% increase from the previous year. Over the year, MIAX solidified an annual market share of 17.1%, a 13.1% enhancement from 2024.
MIAX Futures also set a remarkable record with an annual ADV of 12,989 contracts in 2025, reflecting a modest 2.7% increase year-over-year. The solid performance in futures trading showcases MIAX's commitment to providing a diverse set of financial products tailored to its clients' trading needs.
Performance Metrics
MIAX's strategic focus on enhancing trading operations played a vital role in achieving these results. The table below summarizes some of the critical metrics from both December and the overall year:
| Metric | December 2025 | December 2024 | % Change | 2025 Total | 2024 Total | % Change |
|---|
| -- | ---- | ---- | -- | -- | -- | ---- |
| U.S. Equity Options Industry ADV (000's) | 53,703 | 48,189 | 11.4% | - | - | - |
| MIAX Exchange Group Options ADV (000's) | 9,201 | 7,885 | 16.7% | 9,538 | 6,707 | 42.2% |
| MIAX Exchange Group Options Market Share | 17.1% | 16.4% | 4.7% | 17.1% | 15.1% | 13.1% |
| MIAX Futures ADV (Contracts) | 4,843 | 9,405 | -48.5% | 12,989 | 12,654 | 2.7% |
About MIAX
Miami International Holdings operates diligently to reshape the landscape of financial markets. The firm manages multiple exchanges, including MIAX® Options, MIAX Pearl®, MIAX Emerald®, MIAX Sapphire®, MIAX Futures™, among others. With a commitment to innovation and client service, MIAX also offers trading in diverse markets, positioning itself as a leader in the financial industry.
To learn more about MIAX and to explore further insights into its trading performance, visit
MIAX Global.
As we close the books on 2025, Miami International Holdings stands out not just for its trading volumes, but also for its contribution to advancing the financial markets through technological enhancement and exceptional service. The company’s results speak volumes about its strategic initiatives and market positioning—a promising outlook as it moves into the new year.