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Miami International Holdings Reports August 2023 Trading Results; MIAX Pearl Equities Hits Record 2.17% Daily Market Share with Options Volume Surging 26.5% to Record YTD Level

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PRINCETON, N.J., Sept. 8, 2023 /PRNewswire/ — Miami International Holdings, Inc. today reported August 2023 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl® and MIAX Emerald® (together, the MIAX Exchange Group), and Minneapolis Grain Exchange (MGEX™).

August 2023 and Year-to-Date Trading Volume Highlights

  • Total multi-listed monthly options volume for the MIAX Exchange Group reached 138.0 million contracts, a 27.7% increase year-over-year (YoY) and representing a monthly market share of 14.85%, a 16.1% increase YoY. Total year-to-date (YTD) volume reached a record 1.1 billion contracts, a 26.5% increase YoY. 
  • MIAX Options reached a monthly volume of 55.2 million contracts, a 17.4% increase YoY and representing a monthly market share of 5.94%, a 6.8% increase YoY. MIAX Options reached a record YTD volume of 437.4 million contracts, up 21.3% from the same period in 2022.
  • MIAX Pearl Options reached a monthly volume of 58.2 million contracts, a 62.9% increase YoY and representing a monthly market share of 6.26%, a 48.2% increase YoY. MIAX Pearl Options reached a record YTD volume of 451.3 million contracts, up 57.8% from the same period in 2022.
  • MIAX Emerald reached a monthly volume of 24.7 million contracts, a 2.9% decrease YoY and representing a monthly market share of 2.65%, an 11.7% decrease YoY.
  • In U.S. equities, MIAX Pearl Equities™ reached a monthly volume of 4.2 billion shares, a 75.9% increase YoY and representing a monthly market share of 1.74%, a 76.8% increase YoY. MIAX Pearl Equities set a new daily market share record of 2.17% on August 25th and reached a record YTD volume of 28.6 billion shares, a 46.0% increase YoY.
  • In U.S. futures, MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reached a monthly volume of 329,483 contracts, a 12.5% decrease YoY and a 34.4% increase from July 2023.
  • SPIKES® Futures volume totaled 26,687 contracts in August 2023, representing an 83.4% decrease YoY and an average daily volume of 1,160 contracts.

Additional MIAX Exchange Group volume information is included in the tables below.

Multi-Listed Options Trading Volume for

 MIAX Exchange Group, Current Month

Year-to-Date Comparison

Multi-Listed Options
Contracts

Aug-23

Aug-22

% Chg

Jul-23

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% Chg

Aug-23

Aug-22

% Chg

Trading Days

23

23

20

167

167

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U.S. Equity Options Industry

929,123,718

845,104,433

9.9 %

803,919,985

15.6 %

6,797,022,243

6,285,805,288

8.1 %

MIAX Exchange Group

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137,982,535

108,079,977

27.7 %

125,287,676

10.1 %

1,093,133,331

863,818,014

26.5 %

MIAX Options

55,161,173

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46,972,524

17.4 %

51,143,921

7.9 %

437,401,595

360,617,154

21.3 %

MIAX Pearl

58,153,595

35,696,808

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62.9 %

50,643,890

14.8 %

451,314,015

286,036,788

57.8 %

MIAX Emerald

24,667,767

25,410,645

-2.9 %

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23,499,865

5.0 %

204,417,721

217,164,072

-5.9 %

Multi-Listed Options ADV

Aug-23

Aug-22

% Chg

Jul-23

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% Chg

Aug-23

Aug-22

% Chg

U.S. Equity Options Industry

40,396,683

36,743,671

9.9 %

40,195,999

0.5 %

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40,700,732

37,639,553

8.1 %

MIAX Exchange Group

5,999,241

4,699,129

27.7 %

6,264,384

-4.2 %

6,545,709

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5,172,563

26.5 %

MIAX Options

2,398,312

2,042,284

17.4 %

2,557,196

-6.2 %

2,619,171

2,159,384

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21.3 %

MIAX Pearl

2,528,417

1,552,035

62.9 %

2,532,195

-0.1 %

2,702,479

1,712,795

57.8 %

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MIAX Emerald

1,072,512

1,104,811

-2.9 %

1,174,993

-8.7 %

1,224,058

1,300,384

-5.9 %

Multi-Listed Options Market Share for

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MIAX Exchange Group, Current Month

Year-to-Date Comparison

Multi-Listed Options Market
Share

Aug-23

Aug-22

% Chg

Jul-23

% Chg

Aug-23

Aug-22

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% Chg

MIAX Exchange Group

14.85 %

12.79 %

16.1 %

15.58 %

-4.7 %

16.08 %

13.74 %

17.0 %

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MIAX Options

5.94 %

5.56 %

6.8 %

6.36 %

-6.7 %

6.44 %

5.74 %

12.2 %

MIAX Pearl

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6.26 %

4.22 %

48.2 %

6.30 %

-0.6 %

6.64 %

4.55 %

45.9 %

MIAX Emerald

2.65 %

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3.01 %

-11.7 %

2.92 %

-9.2 %

3.01 %

3.45 %

-12.9 %

 

Equities Trading Volume for

MIAX Pearl Equities, Current Month

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Year-to-Date Comparison

Equities Shares (millions)

Aug-23

Aug-22

% Chg

Jul-23

% Chg

Aug-23

Aug-22

% Chg

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Trading Days

23

23

20

167

167

U.S. Equities Industry

242,103

243,296

-0.5 %

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208,905

15.9 %

1,847,930

2,036,953

-9.3 %

MIAX Pearl Volume

4,216

2,396

75.9 %

3,583

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17.7 %

28,646

19,624

46.0 %

MIAX Pearl ADV

183

104

75.9 %

179

2.3 %

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172

118

46.0 %

MIAX Pearl Market Share

1.74 %

0.98 %

76.8 %

1.72 %

1.5 %

1.55 %

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0.96 %

60.9 %

 

Futures & Options Trading Volume for

MGEX, Current Month

Year-to-Date Comparison

Futures & Options Contracts

Aug-23

Aug-22

% Chg

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Jul-23

% Chg

Aug-23

Aug-22

% Chg

Trading Days

23

23

20

167

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167

MGEX Futures Volume

329,483

376,441

-12.5 %

245,080

34.4 %

1,999,459

2,400,396

-16.7 %

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MGEX ADV

14,325

16,367

-12.5 %

12,254

16.9 %

11,973

14,374

-16.7 %

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™), LedgerX LLC (LedgerX), The Bermuda Stock Exchange (BSX) and Dorman Trading, LLC (Dorman Trading).

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MIAX, MIAX Pearl and MIAX Emerald are national securities exchanges registered with the Securities and Exchange Commission (SEC) that are enabled by MIAX’s in-house built, proprietary technology. MIAX offers trading of options on all three exchanges as well as cash equities through MIAX Pearl Equities™. The MIAX trading platform was built to meet the high-performance quoting demands of the U.S. options trading industry and is differentiated by throughput, latency, reliability and wire-order determinism. MIAX also 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).

MGEX is a registered exchange with the Commodity Futures Trading Commission (CFTC) and offers trading in a variety of products including Hard Red Spring Wheat Futures and also serves as the exclusive market for SPIKES Futures. MGEX is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM and DCO services in an array of asset classes.

LedgerX is a CFTC regulated exchange and clearinghouse and is registered as a Designated Contract Market (DCM), Derivatives Clearing Organization (DCO) and Swap Execution Facility (SEF) with the CFTC.

BSX is a fully electronic, vertically integrated international securities market headquartered in Bermuda and organized in 1971. BSX specializes in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants, and insurance linked securities.

Dorman Trading is a full-service Futures Commission Merchant registered with the CFTC.

MIAX’s executive offices and National Operations Center are located in Princeton, N.J., with additional U.S. offices located in Miami, FL. MGEX offices are located in Minneapolis, MN. LedgerX offices are located in Princeton, N.J. BSX offices are located in Hamilton, Bermuda. Dorman Trading offices are located in Chicago, IL.

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

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

To learn more about LedgerX visit www.ledgerx.com.

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

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To learn more about Dorman Trading visit www.dormantrading.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, 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 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.

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.

Media Contact:
Andy Nybo, SVP, Chief Communications Officer
(609) 955-2091
[email protected] 

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Board the TOKEN2049 Treasure Express With Bybit and Dive Into an $80,000 Prize Pool

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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, set out to make the community’s TOKEN2049 journey more rewarding. Gearing up for the most anticipated blockchain and Web3 event in the region, Bybit is thrilled to announce three bonus events to enable both attendees and remote fans to both be part of the experience.

The winning opportunities are open to both attendees of TOKEN2049 and followers from afar. Through trading and offline events, participants stand to get free tickets, a share of the $80,000 prize pool in airdrops and coupons, and Bybit merchandise.

Event 1: TOKEN2049 Treasure Express 

From now to Sep. 26, 2024, Bybit users may register for the event and complete tasks by depositing and trading assets to earn lucky draw tickets. The wheel of fortune will turn to one of the three prizes:

1. A pair of tickets to TOKEN2049;
2. A share of the airdrop prize pool valued at $50,000 featuring the hottest tokens, including DOGS, PEPE, SOL, XRP, TON and USDT; or
3. Up to 50 USDT in spot coupons.

Even more rewards await in referrals and social media giveaways. For details, visit: TOKEN2049 Treasure Express

Event 2: Share and Unlock

From now to Sep. 30, 2024, unleash your social media magic for a chance to win a 10 USDT spot trading coupon. Share a Bybit blog link and your thoughts on Bybit and Web3. Remember to tag @Bybit_Official and use the hashtag #UnlockWeb3Future and submit the form with us here: #UnlockWeb3Future at TOKEN2049 with Bybit

Event 3: Meet us offline at TOKEN2049

Spot our logo at TOKEN2049 and capture a photo at the Bybit booth (M50) to win Bybit merchandise. Remember to share to your social media channels and use the right hashtag. For details, visit: #UnlockWeb3Future at TOKEN2049 with Bybit

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An advocate for a sustainable Web3 ecosystem, Bybit will be featured prominently at TOKEN2049 on a series of keynote panels, thought leadership and community events, and booth M50.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Bybit Expands Global Reach, Receives Formal Consent for Full Authorization in Kazakhstan

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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce it’s among the first to be granted consent to a full authorization by the Astana Financial Service Authority (AFSA). This milestone brings Bybit closer to becoming a fully regulated Digital Asset Trading Facility (DATF).

As part of a rigorous process, Bybit Kazakhstan has passed a full AML check, business conduct audit, and detailed compliance inspections. This is part of Bybit’s focus on securing new user opportunities in Kazakhstan and the broader Commonwealth of Independent States (CIS) region.

Kazakhstan has become a key player in the global crypto ecosystem, and we are thrilled to be expanding our services in such a dynamic market,” said Ben Zhou, co-founder and CEO of Bybit. “We are committed to bringing our cutting-edge technology, security, and transparency to crypto traders in Kazakhstan, ensuring they can access the best possible tools and services to thrive in this fast-growing industry.”

Once the full license is in place, Bybit Kazakhstan will offer various digital assets related products and services. The expansion into Kazakhstan aligns with Bybit’s mission to provide reliable and transparent services, catering to the unique needs of crypto traders and investors in the region.

This development follows Bybit’s receipt of its initial operating and custody licenses from AFSA in June 2023, reinforcing its commitment to local regulatory requirements. Bybit’s ongoing efforts to strengthen its presence in Kazakhstan underscore its belief in responsible growth and ensuring a compliant and secure trading environment.

Kazakhstan has quickly emerged as a hub for crypto innovation, and Bybit is proud to play a leading role in fostering this development. For example, Bybit hosted a “Foundations of Blockchain, Web3 and Crypto Exchange Activities” course for Banks of Kazakhstan in 2024. This event was part of Bybit’s drive to make blockchain education more accessible in the CIS region.

By securing this full authorization, Bybit is poised to enhance crypto adoption, provide institutional-grade security, and offer advanced trading features to its growing regional user base.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Integrum ESG and CSRHub enable fund managers to monitor both long-term trends and short-term movements in ESG ratings for companies, across a 10-year time series

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LONDON, Sept. 6, 2024 /PRNewswire/ — Integrum ESG, the leading alternative ESG data provider, has today announced the launch of their Consensus ESG Ratings module.

Just as investors monitor movements in consensus earnings estimates or credit ratings, investors now are aware of the demand for the ability to monitor long-term trends and short-term movements in consensus ESG ratings.

This new feature enables Integrum ESG’s asset manager clients to now see the consensus ESG score for any company, either as an absolute rating or a relative percentile ranking, across a 10-year time series.

These scores will indicate to any investor what the capital markets have ‘priced in’ for a company’s ESG performance, allowing users to quickly understand the market’s view on a company and easily conduct relative ESG analysis on the positions they hold within their Portfolio.

This regularly updated data is provided by CSRHub, the world’s leading provider of consensus ESG ratings. CSRHub has spent years aggregating and normalising a vast range of licensed sources – from large ESG ratings firms such as MSCI, ISS, S&P Global, and Sustainalytics to specialists such as CDP and Better World Companies.

Shai Hill, Founder and CEO of Integrum ESG, commented: “Many investors have told us they want a sense of ‘what is priced in’ in terms of a company’s ESG performance, so they can compare this to what anyone ESG ratings firm is saying. CSRHub is the only firm to have credibly achieved this, thanks to a model refined over years and a vast data lake – so we are delighted to be partnering with them.”

Bahar Gidwani, Co-Founder of CSRHub, added: “Investors need to fine tune their ESG-related investment strategies to improve their returns and better match the preferences of their clients. Combining CSRHub’s expert outside-in, consensus view of ESG with Integrum ESG’s detailed real-time data stream provides a strong solution for these needs.”

About Integrum ESG

Integrum ESG is the leading alternative ESG data and ratings platform for investors, blending human analysis and award-winning artificial intelligence models to capture, verify and display granular and relevant ESG data for analysis and assessment. Their Platform allows clients to dissect ESG scores, real-time sentiment, and more with a variety of unique-to-market features, empowering industry professionals and investors and giving them complete oversight of ESG risk across their portfolio.

For more information, visit www.integrumesg.com

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About CSRHub

CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub’s business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions. Founded in 2007, CSRHub covers 56,545 public and private companies, and provides ESG performance scores on over 37,899 companies from 135 industries in 210 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 957 sources to produce a strong consensus signal on corporate sustainability performance.

For more information, visit www.csrhub.com

Media Contact
Harish Karunalingam
Integrum ESG
[email protected] 

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