Miami International Holdings Reports Trading Results for December and Full-Year 2021; MIAX Exchange Group Sets Multiple Volume and Market Share Records

PRINCETON, N.J., Jan. 18, 2022  /PRNewswire/ — Miami International Holdings, Inc. today reported December and 2021 full-year trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl® and MIAX Emerald® (together, the MIAX Exchange Group™) and Minneapolis Grain Exchange (MGEX™) with multiple market share and volume records reached over the course of the year.  December and full-year 2021 market share and volume milestones include:

MIAX Exchange Group

  • The MIAX Exchange Group collectively traded a record 1.34 billion multi-listed options contracts in 2021, a 61.8% increase from 2020 and representing an average daily volume (ADV) of 5,309,972 contracts.
  • Total multi-list options contract in December 2021 totaled 113.0 million contracts, representing a market share of 14.22% and a 42.4% increase from December 2020.
  • Total U.S. multi-listed options market share reached a record 14.29% in 2021, 248 basis points higher than the 11.81% market share in 2020 and representing a 21.0% increase in market share.
  • All three MIAX options exchanges reported record annual multi-list option volume totals in 2021, with MIAX Options reporting volume of 522.6 million contracts, a 58.3% increase; MIAX Pearl, 427.0 million contracts, a 45.5% increase; and MIAX Emerald, 388.6 million contracts, a 90.7% increase.
  • MIAX Emerald reported a new annual market share record in 2021, accounting for 4.15% of total industry multi-list option volume.

MIAX Pearl Equities™

  • MIAX Pearl Equities™ reported record volume of 11.07 billion shares in 2021, as compared to 349.8 million shares in 2020 (MIAX Pearl Equities launched in September, 2020).
  • MIAX Pearl equities reported both a monthly volume record of 1.94 billion shares and a market share record of 0.81% in December of 2021.
  • MIAX Pearl Equities volume reached a record daily volume of 161.2 million shares on December 3, 2021, which also represented a daily record market share of 1.15%.

Minneapolis Grain Exchange

  • MGEX reported record volume of 3,873,016 futures and options contracts in 2021, an increase of 40.0% from 2020.
  • Hard Red Spring Wheat trading set annual records in both futures and options, with total volume of 2,997,693 and 123,079 contracts, respectively in 2021.
  • SPIKES® Futures volume totaled 752,240 contracts in 2021, after MIAX received approval from the U.S. Securities and Exchange Commission to relaunch SPIKES Futures in December 2020.  New trading incentives enacted on July 1, 2021 contributed to volume totals in the second half of 2021, with 741,819 contracts traded, compared to 10,421 contracts traded in the first half of 2021. ADV for SPIKES® Futures in the second half of 2021 was 5,795 contracts, compared to 84 contracts in the first half of 2021.

Additional MIAX Exchange Group volume records are highlighted in the tables included below.

Multi-Listed Options Trading Volume for

 MIAX Exchange Group, Current Month

Year-to-Date Comparison
Multi-Listed Options Contracts Dec-21 Dec-20 % Chg Nov-21 % Chg Dec-21 Dec-20 % Chg
Trading Days 22 22 21 252 253
U.S. Equity Options Industry 794,555,696 719,646,140 10.4% 898,166,403 -11.5% 9,366,823,566 7,004,304,148 33.7%
MIAX Exchange Group 113,005,405 79,347,042 42.4% 124,657,770 -9.3% 1,338,112,960 827,187,596 61.8%
MIAX Options 42,812,426 31,200,513 37.2% 50,452,313 -15.1% 522,549,941 330,036,680 58.3%
MIAX Pearl 31,633,894 22,347,253 41.6% 34,378,589 -8.0% 427,001,176 293,410,388 45.5%
MIAX Emerald 38,559,085 25,799,276 49.5% 39,826,868 -3.2% 388,561,843 203,740,528 90.7%
Multi-Listed Options ADV Dec-21 Dec-20 % Chg Nov-21 % Chg Dec-21 Dec-20 % Chg
U.S. Multi-Listed Options Industry 36,116,168 32,711,188 10.4% 42,769,829 -15.6% 37,169,935 27,684,997 34.3%
MIAX Exchange Group 5,136,609 3,606,684 42.4% 5,936,084 -13.5% 5,309,972 3,269,516 62.4%
MIAX 1,946,019 1,418,205 37.2% 2,402,491 -19.0% 2,073,611 1,304,493 59.0%
MIAX Pearl 1,437,904 1,015,784 41.6% 1,637,076 -12.2% 1,694,449 1,159,725 46.1%
MIAX Emerald 1,752,686 1,172,694 49.5% 1,896,518 -7.6% 1,541,912 805,299 91.5%
Multi-Listed Options Market Share for

MIAX Exchange Group, Current Month

Year-to-Date Comparison
Multi-Listed Options Market Share Dec-21 Dec-20 % Chg Nov-21 % Chg Dec-21 Dec-20 % Chg
MIAX Exchange Group 14.22% 11.03% 29.0% 13.88% 2.5% 14.29% 11.81% 21.0%
MIAX 5.39% 4.34% 24.3% 5.62% -4.1% 5.58% 4.71% 18.4%
MIAX Pearl 3.98% 3.11% 28.2% 3.83% 4.0% 4.56% 4.19% 8.8%
MIAX Emerald 4.85% 3.58% 35.4% 4.43% 9.4% 4.15% 2.91% 42.6%
Equities Trading Volume for

MIAX Pearl Equities, Current Month

Year-to-Date Comparison
Equities Shares (millions) Dec-21 Dec-20 % Chg Nov-21 % Chg Dec-21 Dec-20 % Chg
Trading Days 22 22 21 252 NM
U.S. Equities Volume – Industry 238,596 240,220 -0.7% 233,151 2.3% 2,869,009 NM NM
MIAX Pearl Volume 1,940 268 NM 1,610 20.5% 11,066 NM NM
MIAX Pearl ADV 88 12 NM 77 15.0% 44 NM NM
MIAX Pearl Market Share 0.81% 0.11% NM 0.69% 17.7% 0.39% NM NM
NM – Not meaningful
Futures & Options Trading Volume for

MGEX, Current Month

Year-to-Date Comparison
Futures & Options Contracts Dec-21 Dec-20 % Chg Nov-21 % Chg Dec-21 Dec-20 % Chg
Trading Days 22 22 21 252 253
MGEX Volume 215,062 211,067 1.9% 420,826 -48.9% 3,873,016 2,766,442 40.0%
MGEX ADV 9,776 9,594 1.9% 20,039 -51.2% 15,369 10,935 40.6%

2021 Market Share and Volume Records:

miax MIAX Exchange Group Options Records
Single Day Market Share 16.82% August 6, 2021
Volume 8,126,083 March 5, 2021
Monthly Market Share 15.53% July 2021
Volume 127,701,099 June 2021
Annual Market Share 14.29% 2021
Volume 1,388,112,960 2021
miax
Options
MIAX Options Records
Single Day Volume 3,203,327 November 5, 2021
Monthly Volume 55,410,315 June 2021
Annual Volume 522,549,941 2021

 

 

 

miax
Pearl Options
MIAX Pearl Options Records
Single Day Market Share 6.92% March 5, 2021
Volume 3,506,013 March 5, 2021
Monthly Market Share 6.09% March 2021
Volume 52,194,814 March 2021
Annual Volume 427,001,176 2021
 miax
Emerald
MIAX Emerald Options Records
Single Day Market Share 6.92% July 29, 2021
Volume 3,392,372 January 27, 2021
Monthly Market Share 5.49% August 2021
Volume 41,821,523 August 2021
Annual Market Share 4.15% 2021
Volume 388,561,843 2021
 miax
Pearl Equities
MIAX Pearl Equity Records
Single Day Market Share 1.15% December 3, 2021
Volume 161,173,623 December 3, 2021
Monthly Market Share 0.81% December 2021
Volume 1,940,287,963 December 2021
Annual Market Share 0.39% 2021
Volume 11,066,336,629 2021

About MIAX
MIAX’s parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEX), and Bermuda Stock Exchange (BSX).

MIAX, MIAX Pearl and MIAX Emerald are national securities exchanges registered with the Securities and Exchange Commission (SEC) that leverage MIAX’s industry-leading technology and infrastructure to provide U.S. listed options trading to their member firms. MIAX serves as the exclusive exchange venue for cash-settled options on the SPIKES® Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY). In addition to options, MIAX Pearl facilitates the trading of cash equities through MIAX Pearl Equities™.

MGEX is a registered exchange with the Commodity Futures Trading Commission (CFTC) and is a Notice Registered Securities Futures Product Exchange with the SEC. MGEX serves as the exclusive market for a variety of products including Hard Red Spring Wheat, SPIKES Futures, BRIXX Commercial Real Estate Futures and TAX Futures. MGEX is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM, DCO and cash market services in an array of asset classes.

BSX is a leading electronic international securities market regulated by the Bermuda Monetary Authority (BMA) specializing in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and insurance linked securities. A full member of the World Federation of Exchanges and affiliate member of the International Organization of Securities Commissions, BSX is globally recognized, including by the SEC.

MIAX’s executive offices and National Operations Center are located in Princeton, NJ, with additional offices located in Miami, FL, Minneapolis, MN, and Hamilton, Bermuda.

To learn more about MIAX visit www.MIAXOptions.com.

To learn more about MGEX visit www.mgex.com.

To learn more about BSX visit www.bsx.com.

Media Contact:
Andy Nybo, SVP, Chief Communications Officer
(609) 955-2091
anybo@miami-holdings.com

Disclaimer and Cautionary Note Regarding Forward-Looking Statements
The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements. The Company disclaims any obligation to update any forward-looking statements, except as required by law.

All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company’s use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law.

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South Sudan, Sudan resumes talks on railway transport

Sudan and South Sudan have resumed talks on a railway line linking the two countries, amid hopes the initiative would accelerate the delivery of goods and facilitate the movement of people.

South Sudan’s advisor on presidential affairs, Costello Garang Lual said discussion were with different institutions and top government officials in neighbouring Sudan to fast track the railway transport issue.

The official, who is currently in Sudan’s capital, Khartoum, said he met the chairman of Sudan’s Sovereign Council, Gen Abdel Fattah al-Burhan who was positive about re-opening of the railway link.

“This project is very important to the two countries, South Sudan and Sudan, and even during the civil war our people were not basing their travels on passports because if they want to travel to Daien or Borum they go without any arrangement”, Lual told reporters in Khartoum.

According to the presidential advisor, several senior government officials welcomed talks between the two nations aimed at reopening the railway for trade and movement into the Bahr el Ghazal region.

In December last year, a delegation from Al-Basim Railway company in Sudan visited Western Bahr el Ghazal State to assess and commence rehabilitation works on the railway linking the two nations.

The company’s visit a followed a Memorandum of Understanding signed by the government in Juba on the resumption of railway transport.

Lual said the two countries are seeking to revive the railway line linking the areas Babanosa and Wau to boost trade and business in neighboring states.

“I have been assigned to re-open the transportation between South Sudan and Sudan and also the business”, he stressed.

Railway transport ceased operation during Sudan’s civil war in 1991, but briefly commence when it was re-opened by Sudan’s ex-President Omar Al Bashir in March 2010. The railway was closed following South Sudan’s secession from Sudan in 2011.

Source: Sudan Tribune

South Sudan former Finance minister survives accident

South Sudan’s former finance minister, Arthur Akuien Chol on Tuesday survived a nasty car accident in which two people died.

Chol, a member of the Council of States, was heading home from Aweil town when the car he was traveling in with his family members was hit from behind.

Two of aides to the former Finance minister instantly died, while his wife, the driver of the car and two other occupants, were critically injured.

Chol, in an interview with Sudan Tribune on Tuesday, said he sustained cuts from glasses, confirming his wife remains in a critical condition.

“I’m fine. It is just a cut by glass. My situation will improve. It is my wife in a condition requiring immediate attention, but I hope everything will be okay,” he added.

The former minister was on his way to attend the burial of a relative.

“I came on Sunday from Juba to attend the burial of one of my relatives who died outside and was brought home for burial. So, I was traveling to the village when this incident struck,” he added.

The accident, police authorities told Sudan Tribune, occurred at Panadot-Kuom, adding that investigations into the cause of the accident in ongoing.

Chol served as Finance minister prior to South Sudan’s cessation from Sudan in 2011.

Source: Sudan Tribune

Sudanese block Khartoum streets after calls for civilian disobedience

Sudanese closed most of the main roads and streets in the three cities of Khartoum to protest the deadly violence against the demonstrators on Monday, while al-Burhan ordered an investigation into the killing of seven protesters.

Seven Sudanese youth were shot dead and about 100 others were injured by the security forces deployed by the military rulers to disperse peaceful protests against the coup d’état of October 25.

In support of the resistance committees, the political and civil society groups of the Forces for Freedom and Change (FFC) called for civilian disobedience on January 18 and 19 to protest the excessive use of violence by the coup leaders.

The FFC call met with relative success, as government institutions and public schools opened as usual in the morning, while banks and shops and private companies remained closed.

By noontime on Tuesday, dozens of people angry at the violence of the security forces established barricades blocking main and subsidiary streets in the three Khartoum cities and burned tires paralyzing the capital.

The blockade continued in the evening.

The authorities at midnight deployed troops to dismantle the barricades and clean up streets from stones.

On Tuesday, the Sudanese Communist Party condemned the bloody repression of protesters Monday.

The left party, which is not part of the FFC coalition, further called for a broad coalition to bring down the putschists and establish a civilian state.

For his part, the coup leader and head of the Sovereign Council ordered to form an investigation committee into the death of the seven protesters.

The decree says that the inquiry committee should include the regular forces and the public prosecution.

Also, it should submit its findings within 72 hours.

Al-Burhan had already formed such committees to investigate the rape and killing of protesters but the results of the inquiry were not released.

Source: Sudan Tribune

Civilians in South Sudan facing gross human violations: report

Civilians in South Sudan continue experiencing displacement and suffer from widespread human rights abuses and international crimes, including conflict-based ethnic, political, sexual and gender-based violence, a human rights entity said.

African Center for Justice and Peace Studies (ACJPS), in its May-August 2021 report, said human rights violations and international crimes have occurred since the start of the conflict in South Sudan.

Local monitors, during this reporting period, reportedly covered incidents from the Juba, Torit and Yei in Equatoria region, Rumbek, Tonj in Western Bahr el Ghazal region and Bor in Jonglei State.

At least 98 human rights abuses and international crimes occurred, it noted, citing rape, murder, looting or pillaging, abduction, arbitrary detention, torture, ill-treatment, forced disappearance, forced displacement, damages to property and recruitment of child soldiers.

The recent floods and acute food insecurity were highlighted as factors that have worsened the situation of civilians in South Sudan.

The rights body also accused the South Sudanese government of alleged harassment of activists, journalists, and their families – including freezing their assets to disrupt their work after a crackdown on civil society following calls for protests in late August 2021.

“In addition to civilians and local communities being targeted with human rights abuses, an international NGO [Non-Governmental Organization] compound in New Fangak was also attacked, and its members were severely beaten,” partly stated the report.

Due to this situation, the monitors could only document incidents until August 2021 and had to stop considering security risks, it stressed.

According the rights entity, local monitors and United Nations Mission in South Sudan (UNMISS) investigators continued to face challenges with mobility and accessing witnesses, due to Covid-19 and the corresponding travel restrictions adopted by government.

Source: Sudan Tribune

Sudanese should “carefully” mull over need to amend constitutional declaration Friends of Sudan

The Friends of Sudan group encouraged the Sudanese parties to “carefully consider” if they need to amend the constitutional declaration and the Juba peace agreement.

The pro-democracy political coalition in Sudan, the Forces for Freedom and Change (FFC) say they could no longer resume the partnership with the military component as established in 2019 and called for a new constitutional declaration in which the transitional authority will be entirely civilian.

Also, the military component and their allied National Charter group call to amend the constitutional declaration to include political groups that would potentially join their side in the transitional legislative council.

The Friend Sudan on Wednesday issued a statement after a meeting held in Riyadh on Tuesday to discuss the military takeover in Sudan, ways to settle the current political crisis and stop the bloody crackdown on protesters.

The group reaffirmed its support for the UN-facilitated process and urged the Sudanese stakeholders to engage in good faith and re-establish public trust in the inevitable transition to democracy.

“We encourage Sudanese stakeholders to consider carefully whether to amend the Constitutional Declaration and the Juba Peace Agreement, the current basis for the transition, as a way forward,” stressed the statement.

Also, the group urged to set a timeframe for the process which should quickly terminate with the formation of a civilian-led government that will prepare for democratic elections.

The FFC on Wednesday evening met with U.S. ?Assitant Secretary for Africa, Phee Molly to discuss the way out for the political stalemate in Sudan.

Following the meeting, the FFC said they briefed the visiting U.S. official about their position which should lead to democratic rule in Sudan.

The FFC further said they would meet Molly again before she leaves Khartoum for further discussions.

The Friend of Sudan further pointed to the important role that the regional organizations including the African Union, IGAD and the Arab League can play in support of the UNITAMS efforts to end the crisis.

Source: Sudan Tribune