Miami International Holdings Sees Significant Trading Volume Growth in March 2025
Miami International Holdings, Inc. (MIH) has released its trading results for March 2025, showcasing impressive growth in several areas of its operations. Notably, the overall options volume across the MIAX Exchange Group reached 173.6 million contracts during the month, representing a substantial increase of 26.8% compared to the same period last year. This uptick brings the year-to-date volume to an impressive total of 514.9 million contracts, reflecting a dynamic activity within the market.
Key Highlights of March 2025 Trading Results
MIAX's market share for March stands at 15.6%, despite a modest decrease of 2.2% year-over-year (YoY). The standout performer among the exchanges is MIAX Sapphire, which recorded a monthly trading volume of 23.4 million contracts. Since its launch on August 12, 2024, MIAX Sapphire has quickly gained traction, achieving a market share of 2.1% with over 3,800 classes now available for trading.
In contrast, MIAX Options also made headlines by achieving a record monthly volume of 76.4 million contracts, marking a 38.6% surge compared to March 2024. This resulted in MIAX Options securing a market share of 6.8%, which is a significant 6.9% increase YoY. Cumulatively, MIAX Options has recorded year-to-date volumes of 219.5 million contracts, showcasing its growing influence in the options trading arena.
However, not all segments experienced growth. MIAX Pearl faced a 35.1% decline in monthly volume, dropping to 31.4 million contracts. Consequently, MIAX Pearl's market share also saw a significant reduction, falling by 49.9% YoY to reach 2.8% in March.
In stark contrast, MIAX Emerald demonstrated robust performance with a monthly volume of 42.5 million contracts, reflecting a strong increase of 26.7% YoY. The market share for MIAX Emerald reached 3.8%, slightly down by 2.3% YoY. Notably, MIAX Emerald's year-to-date volume rose to a record 134.3 million contracts, along with a market share of 4.2%.
Equities and Futures Trading Gains
Turning to U.S. equities, MIAX Pearl Equities™ saw a monthly volume of 3.4 billion shares, a decrease of 23.6% YoY, resulting in a market share of only 1.0%, which represents a notable 45.3% reduction compared to the previous year.
Conversely, the MIAX Futures Exchange reported an outstanding monthly volume of 309,006 contracts, illustrating a remarkable increase of 80.4% YoY. For the first quarter of 2025, MIAX Futures achieved a total volume of 1.1 million contracts, marking a transformative trajectory for the exchange in the futures market.
Overview of the MIAX Exchange Group
The MIAX Exchange Group, consisting of MIAX, MIAX Pearl, MIAX Emerald, and MIAX Sapphire, continues to leverage advanced technologies to establish itself as a key player in regulated financial markets. The increase in trading volumes signifies not only the growing confidence of investors but also the strategic positioning of MIAX's trading platforms in a rapidly evolving marketplace. As these exchanges enhance their offerings and improve operational efficiencies, the future looks promising for Miami International Holdings and its participants.
As part of its commitment to providing a high-performance trading environment, MIAX utilizes proprietary technologies to facilitate competitive pricing, low latency, and reliability, essential in today’s fast-paced trading landscape. With these results, MIAX is well-poised to capitalize on growing trends in the financial markets, signaling a strong potential for future growth and success.