STOCK TITAN

Miami International Holdings Reports May 2026 Trading Results

(Neutral)
Tags

Miami International Holdings (NYSE: MIAX) reported May 2026 trading metrics for its options, equities and futures exchanges.

Key data:

  • YTD multi-list options ADV of 10.8 million contracts, up 23.7% versus 2025
  • YTD options market share of 17.1%, up from 16.4%
  • Launch of Tini™ Bloomberg 100 Index Futures, with ADV of 13,105 contracts from May 18–29
  • May MIAX options ADV of 11.1 million contracts, up 23.5% year-over-year
  • MIAX Pearl U.S. equities YTD ADV of 179 million shares, down 3.4% year-over-year, with 0.9% YTD market share
  • MIAX Futures agricultural ADV of 11,008 contracts YTD, down 35.3% year-over-year
Loading...
Loading translation...

Positive

  • YTD multi-list options ADV 10.8 million, up 23.7% vs 2025
  • YTD options market share 17.1%, up from 16.4% year-over-year
  • May 2026 options ADV 11,060,000, up 23.5% vs May 2025
  • Launch of Tini Bloomberg 100 Index Futures with ADV 13,105 contracts over first 10 trading days

Negative

  • May 2026 options market share 16.5%, down from 17.4% in May 2025
  • MIAX Pearl equities May 2026 ADV 188 million, down 2.0% year-over-year
  • MIAX Pearl YTD equities market share 0.9%, down from 1.1% year-over-year
  • MIAX Futures agricultural ADV May 2026 10,111, down 23.9% year-over-year
  • MIAX Futures agricultural YTD ADV 11,008, down 35.3% vs prior year

News Market Reaction – MIAX

-5.13%
-5.13% Session close to close

In the Jun 3 session, MIAX declined 5.13%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -5.1% in the session following this news. A negative reaction despite positive tradi...
Analysis

The stock moved -5.1% in the session following this news. A negative reaction despite positive trading metrics fits a recent pattern where MIAX sold off after constructive developments, such as OCC clearing and new futures launches that saw declines of up to 2.31%. Investors may be focusing on valuation, prior insider selling, or pockets of softer metrics like equities market share. If sentiment remains cautious, even record ADV and share gains may not immediately support the stock.

Key Figures

YTD options ADV: 10.8 million contracts YTD ADV growth: 23.7% YTD market share: 17.1% +5 more
8 metrics
YTD options ADV 10.8 million contracts MIAX Exchange Group YTD ADV through May 2026
YTD ADV growth 23.7% Increase in MIAX multi-list options ADV vs same period 2025
YTD market share 17.1% MIAX Exchange Group options market share through May 2026
Prior YTD share 16.4% MIAX Exchange Group options market share prior-year period
Tini futures ADV 13,105 contracts MIAX Futures Tini Bloomberg 100 Index Futures ADV May 18–29, 2026
Options ADV May-26 11,060 (000's) MIAX Exchange Group options ADV vs 8,957 (000's) May-25
U.S. equity options ADV 67,186 (000's) U.S. equity options industry ADV May-26
MIAX Pearl ADV 188 million MIAX Pearl U.S. equities ADV May-26 vs 192 million May-25

Historical Context

5 past events · Latest: May 20 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 20 OCC clearing starts Positive -2.3% OCC begins clearing and settlement for MIAX Futures products.
May 20 Clearing agreement Positive -2.3% OCC clearing and cross-margining agreement for MIAX Futures participants.
May 19 Futures launch Positive -1.7% Launch of Tini Bloomberg 100 Index Futures and planned index suite roll-out.
May 15 Investor conferences Positive -1.2% Management participation in multiple June 2026 investor conferences.
May 06 April trading stats Positive +4.4% Record April 2026 trading metrics and rising YTD ADV and market share.

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

Pattern Detected

Operational and strategic news has often been followed by modest negative price reactions, with one recent trading-results report drawing a positive move.

Recent Company History

This announcement continues a series of trading and product updates for MIAX. In April 2026, record YTD ADV of 10.8 million contracts and 17.2% YTD market share supported a 4.36% gain. Subsequent news on OCC clearing, futures launches, and investor conferences in mid-May saw shares decline between 1.2% and 2.31%, suggesting investors have recently sold into otherwise constructive operational headlines.

Key Terms

average daily volume (adv), futures
2 terms
average daily volume (adv) technical
"MIAX Exchange Group reached a record year-to-date (YTD) average daily volume (ADV) of 10.8 million contracts"
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.
futures financial
"MIAX Futures listed Tini™ Bloomberg 100 Index Futures on May 17 (trade date May 18)"
A futures contract is a standardized agreement to buy or sell an asset (like a commodity, currency, or stock index) at a fixed price on a specific future date. Think of it like locking in the price of a house today for a move-in years from now: it lets buyers and sellers protect themselves against price swings or bet on which way prices will move. For investors, futures matter because they provide a cheap way to manage risk, amplify returns through leverage, and signal market expectations that can move cash prices.
View in glossary

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

MIAX Exchange Group reports 23.7% increase in multi-list options ADV YTD

PRINCETON, N.J. and MIAMI, June 3, 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 May 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

May 2026 Highlights

  • MIAX Exchange Group reached a record year-to-date (YTD) average daily volume (ADV) of 10.8 million contracts through May 2026, a 23.7% increase from the same period in 2025
  • MIAX Exchange Group set a YTD market share record of 17.1% through May 2026, compared to 16.4% in the prior-year period
  • MIAX Futures listed Tini™ Bloomberg 100 Index Futures on May 17 (trade date May 18) with ADV for the May 18, 2026 to May 29, 2026 period reaching 13,105 contracts

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

May-26

May-25

% Chg

Apr-26

% Chg

May-26

May-25

% Chg

U.S. Multi-list Options

Trading Days

20

21


21


102

102


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

67,186

51,352

30.8 %

62,496

7.5 %

63,506

53,498

18.7 %

MIAX Exchange Group Options ADV (000's)

11,060

8,957

23.5 %

10,593

4.4 %

10,847

8,766

23.7 %

MIAX Exchange Group Options Market Share

16.5 %

17.4 %

-5.6 %

16.9 %

-2.9 %

17.1 %

16.4 %

4.2 %

U.S. Equities

U.S. Equities Industry ADV (Millions)

19,398

17,586

10.3 %

17,815

8.9 %

19,423

16,830

15.4 %

MIAX Pearl ADV (Millions)

188

192

-2.0 %

177

6.1 %

179

185

-3.4 %

MIAX Pearl Market Share

1.0 %

1.1 %

-11.1 %

1.0 %

-2.6 %

0.9 %

1.1 %

-16.3 %

MIAX Futures Exchange 

Trading Days

20

21


21


102

103


MIAX Futures ADV – Agricultural

10,111

13,291

-23.9 %

12,421

-18.6 %

11,008

17,013

-35.3 %

MIAX Futures ADV – Financial (2)

13,105

n/a

n/a

n/a

n/a

13,105

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, representing 10 trading days.

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. 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-may-2026-trading-results-302789416.html

SOURCE MIAX

FAQ

What trading results did Miami International Holdings (NYSE: MIAX) report for May 2026?

Miami International Holdings reported higher options volumes but mixed performance in equities and futures for May 2026. According to Miami International Holdings, MIAX options ADV reached 11.1 million contracts, while MIAX Pearl equities ADV was 188 million shares and agricultural futures ADV was 10,111 contracts.

How did MIAX Exchange Group options ADV perform year-to-date through May 2026?

MIAX Exchange Group’s multi-list options ADV increased year-to-date through May 2026. According to Miami International Holdings, YTD options ADV reached 10.8 million contracts, a 23.7% rise compared with the same period in 2025, alongside a higher YTD options market share of 17.1%.

How did MIAX Pearl equities trading perform in May 2026 and year-to-date for MIAX stock investors?

MIAX Pearl equities trading volumes and share declined versus 2025 levels. According to Miami International Holdings, May 2026 ADV was 188 million shares, down 2.0% year-over-year, with YTD ADV of 179 million and YTD market share of 0.9%, down from 1.1%.

What were MIAX Futures May 2026 results, including agricultural and financial contracts?

MIAX Futures reported lower agricultural activity and a new financial contract. According to Miami International Holdings, agricultural ADV was 10,111 contracts in May 2026, down 23.9% year-over-year, while newly launched Tini Bloomberg 100 Index Futures achieved ADV of 13,105 contracts from May 18–29.

When did MIAX launch Tini Bloomberg 100 Index Futures and what early trading volumes were reported?

MIAX launched Tini Bloomberg 100 Index Futures in mid-May 2026. According to Miami International Holdings, the product listed on May 17 with trade date May 18, and recorded average daily volume of 13,105 contracts over the May 18–29, 2026 trading period.