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Miami Intl Hldg reported $1.4B in revenue and a $70.0M net loss for fiscal 2025. See the full MIAX financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.

Miami International Holdings Reports August 2026 Trading Results

MIAX posts record year-to-date options ADV and higher options market share, while MIAX Pearl equities volumes and some futures averages decline.

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Miami International Holdings (MIAX) reported August 2026 trading metrics for its U.S. options, equities and futures exchanges, highlighting record year-to-date options activity through August 2026.

The MIAX Exchange Group’s U.S. multi-list options average daily volume (ADV) reached a record 11.0 million contracts YTD, up 25.5% from the same period in 2025, with YTD options market share rising to 17.1% from 16.5%. In August 2026, options ADV was 11,537 thousand, up 21.1% year over year and 4.7% versus July, yielding an August options market share of 18.4% versus 17.3% a year earlier.

In U.S. equities, MIAX Pearl reported August ADV of 112 million shares, down 33.7% year over year and 4.0% versus July, with August market share at 0.7%. MIAX Futures’ agricultural ADV rose 25.9% year over year in August to 14,092 contracts, while year-to-date agricultural ADV declined 22.4% versus 2025.

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Positive

  • YTD options ADV 11.0m contracts, up 25.5% vs 2025
  • YTD options market share 17.1%, up from 16.5%
  • August 2026 options ADV 11,537k, up 21.1% YoY
  • August agricultural futures ADV 14,092, up 25.9% YoY
  • August options market share 18.4% vs 17.3% a year earlier

Negative

  • August MIAX Pearl equities ADV 112m, down 33.7% YoY
  • YTD MIAX Pearl equities ADV 164m, down 11.0% vs 2025
  • August MIAX Pearl market share 0.7%, down from 1.0%
  • YTD MIAX Pearl market share 0.9% vs 1.1% prior year
  • YTD agricultural futures ADV 12,203, down 22.4% vs 2025
  • Financial futures ADV 1,557 in August vs 4,194 in July, down 62.9%

News Explained

MIAX Futures reported financial-futures ADV of 1,557 contracts in August and 4,979 YTD; because the product launched on May 17 and began trading on May 18, the YTD figure covers only that partial operating period and has no prior-year comparison.

Market Context

Comparable MIAX trading updates produced a 1.09% decline on August 5 and a 4.44% gain on July 7. Tha...
Analysis

Comparable MIAX trading updates produced a 1.09% decline on August 5 and a 4.44% gain on July 7. That mixed record frames this release around sustained options-share gains, while weaker equities activity remains a risk to monitor.

Key Figures

YTD options ADV: 11.0 million contracts YTD ADV growth: 25.5% YTD options market share: 17.1% vs. 16.5% +5 more
8 metrics
YTD options ADV 11.0 million contracts through August 2026
YTD ADV growth 25.5% versus the same period in 2025
YTD options market share 17.1% vs. 16.5% through August 2026 versus the prior-year period
August options ADV 11,537 thousand contracts August 2026
August options ADV change 21.1% year over year
August options market share 18.4% vs. 17.3% August 2026 versus August 2025
MIAX Pearl ADV 112 million shares August 2026, down 33.7% year over year
Agricultural futures ADV 14,092 contracts August 2026, up 25.9% year over year

Historical Context

5 past events · Latest: Aug 13 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 13 TISE listing results Positive +0.9% Record H1 listings and higher listed value at TISE
Aug 5 Q2 earnings report Positive -1.1% Record Q2 revenue and EBITDA growth, but shares declined
Aug 5 July trading results Positive -1.1% Record YTD options volume and market share; equities share weakened
Jul 9 Earnings release date Neutral +2.7% Scheduled Q2 results release and conference call
Jul 7 June trading results Positive +4.4% Record YTD options volume and market share; equities share declined

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Positive operating updates produced mixed reactions, including declines after the August earnings and July trading-results releases.

Key Terms

average daily volume (adv), revenue per contract, capture rates
3 terms
average daily volume (adv) financial
"MIAX Exchange Group reached a record year-to-date (YTD) average daily volume (ADV)"
Average daily volume (ADV) is the typical number of shares or contracts traded in a security each trading day, calculated by averaging activity over a set recent period. It tells investors how easily a position can be bought or sold—like measuring foot traffic in a market stall: higher ADV means more buyers and sellers and usually smaller price swings when trades occur, while low ADV can lead to bigger price moves and trading difficulty.
revenue per contract financial
"rolling three-month average revenue per contract and capture rates"
Revenue per contract is the average amount of money a company earns from each customer agreement or service contract over a defined period. Investors use it like an “average ticket price” to judge whether a company is charging enough, keeping costs under control, and growing profit per deal; rising revenue per contract usually signals stronger pricing power or higher-value customers, while declines can warn of discounting or weaker demand.
capture rates financial
"rolling three-month average revenue per contract and capture rates"
Capture rates measure the proportion of a defined pool of opportunities that a company, product or program successfully secures or converts — for example, the share of potential customers won, prescriptions written out of eligible patients, or users who adopt a new service. Investors watch capture rates because they show how well a business turns potential demand into real revenue or market share; rising capture rates suggest stronger sales execution or product-market fit, while falling rates warn of competitive pressures or weakening appeal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MIAX Exchange Group reports 25.5% increase in multi-list options ADV YTD

PRINCETON, N.J. and MIAMI, Sept. 4, 2026 /PRNewswire/ -- Miami International Holdings, Inc. (MIAX) (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today reported August 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®.

MIAX Logo

August 2026 Highlights

  • MIAX Exchange Group reached a record year-to-date (YTD) average daily volume (ADV) of 11.0 million contracts through August 2026, a 25.5% increase from the same period in 2025
  • MIAX Exchange Group set a YTD market share record of 17.1% through August 2026, compared to 16.5% in the prior-year period

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.

MIAX

Average Daily Trading Volume (ADV) (1)

Year-to-Date Comparison

Aug-26

Aug-25

% Chg

Jul-26

% Chg

Aug-26

Aug-25

% Chg

U.S. Multi-list Options

Trading Days

21

21


22


166

165


U.S. Equity Options Industry ADV (000's)

62,769

54,909

14.3 %

64,394

-2.5 %

64,339

53,059

21.3 %

MIAX Exchange Group Options ADV (000's)

11,537

9,525

21.1 %

11,019

4.7 %

11,017

8,775

25.5 %

MIAX Exchange Group Options Market Share

18.4 %

17.3 %

6.0 %

17.1 %

7.4 %

17.1 %

16.5 %

3.5 %

U.S. Equities

U.S. Equities Industry ADV (Millions)

16,377

16,380

0.0 %

17,437

-6.1 %

19,275

17,105

12.7 %

MIAX Pearl ADV (Millions)

112

169

-33.7 %

117

-4.0 %

164

184

-11.0 %

MIAX Pearl Market Share

0.7 %

1.0 %

-33.7 %

0.7 %

2.2 %

0.9 %

1.1 %

-21.0 %

MIAX Futures Exchange 

Trading Days

21

21


22


166

166


MIAX Futures ADV – Agricultural

14,092

11,190

25.9 %

12,123

16.2 %

12,203

15,728

-22.4 %

MIAX Futures ADV – Financial (2)

1,557

n/a

n/a

4,194

-62.9 %

4,979

n/a

n/a

1)

Calculated as total volume for the period divided by total trading days for the period.

2)

Financial futures launched on May 17 (trade date May 18). Accordingly, ADV is calculated as total contracts for the period divided by total trading days for the period beginning on May 18.

About MIAX
Miami International Holdings, Inc. (NYSE: MIAX) is a technology-driven leader in building and operating regulated financial markets across multiple asset classes and geographies. MIAX® operates eight exchanges across options, futures, equities and international markets including MIAX Options®, MIAX Pearl®, MIAX Emerald®, MIAX Sapphire®, MIAX Pearl Equities™, MIAX Futures®, The Bermuda Stock Exchange (BSX) and The International Stock Exchange (TISE). MIAX also owns Dorman Trading, a full-service Futures Commission Merchant and Notice Registered Broker-Dealer with the National Futures Association for purposes of facilitating transactions of security futures. To learn more about MIAX, please visit www.miaxglobal.com.

Disclaimer and Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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 based on management's current expectations and 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. Additional risks and uncertainties that may cause actual results to differ materially include the risks and uncertainties listed in Miami International Holdings, Inc.'s (together with its subsidiaries, the Company) public filings with the Securities and Exchange Commission. In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise.

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.

MIAX Contacts:

Investors
investor.relations@miaxglobal.com 

Media
media@miaxglobal.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/miami-international-holdings-reports-august-2026-trading-results-302869581.html

SOURCE MIAX

FAQ

What trading results did Miami International Holdings (MIAX) report for August 2026?

Miami International Holdings reported August 2026 trading statistics for its U.S. options, equities and futures exchanges. The MIAX Exchange Group’s multi-list options ADV was 11,537 thousand contracts, up 21.1% year over year, with an August options market share of 18.4%.

How did MIAX’s year-to-date options ADV perform through August 2026?

Through August 2026, MIAX Exchange Group’s U.S. multi-list options ADV reached a record 11.0 million contracts per day, representing a 25.5% increase compared with the same period in 2025. Year-to-date options market share rose to 17.1% from 16.5% in the prior-year period.

What were MIAX Pearl’s U.S. equities trading volumes in August 2026?

MIAX Pearl’s U.S. equities average daily volume in August 2026 was 112 million shares, down 33.7% from August 2025 and 4.0% below July 2026. MIAX Pearl’s August 2026 U.S. equities market share was 0.7%.

How did MIAX Futures’ agricultural contracts trade in August 2026?

MIAX Futures’ agricultural products recorded August 2026 average daily volume of 14,092 contracts, an increase of 25.9% versus August 2025 and 16.2% above July 2026. Year to date through August, agricultural ADV was 12,203 contracts, down 22.4% from 2025.

What is the performance of MIAX’s financial futures ADV in 2026?

Financial futures at MIAX Futures launched on May 17 (trade date May 18). In August 2026, financial futures ADV was 1,557 contracts, down 62.9% compared with July 2026. Year-to-date ADV for financial futures through August was 4,979 contracts.

How did overall U.S. options industry ADV compare with MIAX’s ADV in August 2026?

In August 2026, U.S. equity options industry ADV was 62,769 thousand contracts, up 14.3% year over year. MIAX Exchange Group’s options ADV was 11,537 thousand, and its options market share for the month was 18.4%, compared with 17.3% in August 2025.