MIAX Options Trading Jumps 26% This Year, Sets New Volume Record

Miami International Holdings, Inc. (MIAX) (NYSE:MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today reported March 2026 trading results for its U.S. exchange subsidiaries — MIAX®, MIAX Pearl®, MIAX Emerald® and MIAX Sapphire® (collectively, the MIAX Exchange Group), and MIAX Futures™.

March 2026 Highlights

• MIAX Exchange Group set a year-to-date (YTD) market share record of 17.3% through March 2026, compared to 16.0% in the prior-year period
• MIAX Exchange Group reached a YTD average daily volume (ADV) record of 10.9 million contracts through March 2026, a 26.6% increase from the same period in 2025

Additional MIAX Exchange Group and MIAX Futures trading volume and market share information is included in the table below. Summary statistics including trading volume and market share by business segment, as well as rolling three-month average revenue per contract and capture rates, are available on the MIAX website at https://ir.miaxglobal.com/volume-rpc-reports.

	Average Daily Trading Volume (ADV) (1)					Year-to-Date Comparison
	Mar-26	Mar-25	% Chg	Feb-26	% Chg	Mar-26	Mar-25	% Chg
U.S. Multi-list Options
Trading Days	22	21		19		61	60
U.S. Equity Options Industry ADV (000's)	61,770	53,182	16.1 %	63,264	-2.4 %	62,647	53,604	16.9 %
MIAX Exchange Group Options ADV (000's)	10,696	8,268	29.4 %	10,812	-1.1 %	10,865	8,582	26.6 %
MIAX Exchange Group Options Market Share	17.3 %	15.5 %	11.4 %	17.1 %	1.3 %	17.3 %	16.0 %	8.3 %
U.S. Equities
U.S. Equities Industry ADV (Millions)	20,471	16,008	27.9 %	18,963	8.0 %	19,662	15,695	25.3 %
MIAX Pearl ADV (Millions)	194	163	18.7 %	174	11.5 %	177	176	0.5 %
MIAX Pearl Market Share	0.9 %	1.0 %	-7.2 %	0.9 %	3.3 %	0.9 %	1.1 %	-19.8 %
MIAX Futures Exchange
Trading Days	22	21		19		61	61
MIAX Futures ADV	10,394	14,715	-29.4 %	14,944	-30.4 %	10,816	18,002	-39.9 %