Fintech PR
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
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 |
Aug-23 |
Aug-22 |
% Chg |
Jul-23 |
% Chg |
Aug-23 |
Aug-22 |
% Chg |
|
Trading Days |
23 |
23 |
20 |
167 |
167 |
||||
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 |
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 |
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 |
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 % |
23,499,865 |
5.0 % |
204,417,721 |
217,164,072 |
-5.9 % |
|
Multi-Listed Options ADV |
Aug-23 |
Aug-22 |
% Chg |
Jul-23 |
% Chg |
Aug-23 |
Aug-22 |
% Chg |
|
U.S. Equity Options Industry |
40,396,683 |
36,743,671 |
9.9 % |
40,195,999 |
0.5 % |
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 |
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 |
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 % |
|
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 MIAX Exchange Group, Current Month |
Year-to-Date Comparison |
||||||||
Multi-Listed Options Market |
Aug-23 |
Aug-22 |
% Chg |
Jul-23 |
% Chg |
Aug-23 |
Aug-22 |
% Chg |
|
MIAX Exchange Group |
14.85 % |
12.79 % |
16.1 % |
15.58 % |
-4.7 % |
16.08 % |
13.74 % |
17.0 % |
|
MIAX Options |
5.94 % |
5.56 % |
6.8 % |
6.36 % |
-6.7 % |
6.44 % |
5.74 % |
12.2 % |
|
MIAX Pearl |
6.26 % |
4.22 % |
48.2 % |
6.30 % |
-0.6 % |
6.64 % |
4.55 % |
45.9 % |
|
MIAX Emerald |
2.65 % |
3.01 % |
-11.7 % |
2.92 % |
-9.2 % |
3.01 % |
3.45 % |
-12.9 % |
Equities Trading Volume for MIAX Pearl Equities, Current Month |
Year-to-Date Comparison |
|||||||
Equities Shares (millions) |
Aug-23 |
Aug-22 |
% Chg |
Jul-23 |
% Chg |
Aug-23 |
Aug-22 |
% Chg |
Trading Days |
23 |
23 |
20 |
167 |
167 |
|||
U.S. Equities Industry |
242,103 |
243,296 |
-0.5 % |
208,905 |
15.9 % |
1,847,930 |
2,036,953 |
-9.3 % |
MIAX Pearl Volume |
4,216 |
2,396 |
75.9 % |
3,583 |
17.7 % |
28,646 |
19,624 |
46.0 % |
MIAX Pearl ADV |
183 |
104 |
75.9 % |
179 |
2.3 % |
172 |
118 |
46.0 % |
MIAX Pearl Market Share |
1.74 % |
0.98 % |
76.8 % |
1.72 % |
1.5 % |
1.55 % |
0.96 % |
60.9 % |
Futures & Options Trading Volume for MGEX, Current Month |
Year-to-Date Comparison |
|||||||
Futures & Options Contracts |
Aug-23 |
Aug-22 |
% Chg |
Jul-23 |
% Chg |
Aug-23 |
Aug-22 |
% Chg |
Trading Days |
23 |
23 |
20 |
167 |
167 |
|||
MGEX Futures Volume |
329,483 |
376,441 |
-12.5 % |
245,080 |
34.4 % |
1,999,459 |
2,400,396 |
-16.7 % |
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).
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.
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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Fintech PR
Matrixdock Integrates XAUm Gold Token with Binance Wallet to Advance Financial Equality
SINGAPORE, Dec. 30, 2024 /PRNewswire/ — Matrixdock, Asia’s real-world asset (RWA) tokenization leader, announces the integration of its flagship gold token, XAUm, with Binance Wallet, one of the world’s leading digital asset wallets. This development builds on previous integrations with centralized exchange Web3 wallets like OKX and crypto wallets like MetaMask, reinforcing Matrixdock’s commitment to making gold investments more secure, efficient, and accessible for hundreds of millions of global users.
At the core of this integration is XAUm, a token fully backed by London Bullion Market Association (LBMA)- accredited gold bars with a minimum fineness of 99.99%. Each XAUm token represents one troy ounce of gold. These gold reserves are securely stored in Brink’s vaults in Hong Kong and Singapore, offering token holders the option to redeem XAUm for physical gold.
Purpose-built for Web3 compatibility and the multi-chain ecosystem, XAUm seamlessly blends blockchain innovation with user-centric design. Its robust proof-of-reserve transparency, efficient multi-chain reserve management, and enhanced interoperability inspire trust and elevate gold from a static asset to a dynamic, multifunctional financial instrument in the digital economy.
This integration with Binance Wallet builds on previous developments within Binance’s ecosystem, including decentralized exchanges and lending platforms. The goal is to make XAUm a benchmark for modern gold investments, providing an efficient and trusted solution that redefines asset efficiency and financial equality.
Binance Wallet enhances this vision by offering a secure and intuitive entry point to Web3. Users can manage digital assets, perform cross-chain token swaps, and earn yields effortlessly. With a simple setup process via the Binance app, the wallet eliminates the need for seed phrases or private keys, furthermore, it utilizes Multi-Party Computation (MPC) technology to enhance secure transactions.
Through this integration, individuals worldwide are able to buy, own, and trade gold conveniently with a mobile device. By leveraging Web3 technology and the multi-chain ecosystem, Matrixdock and Binance Wallet set a new standard for modern gold investments, driving financial equality and innovation.
About Matrixdock
Founded in February 2023 by Matrixport, Matrixdock is Asia’s RWA leader that modernizes financial instruments through advanced tokenization technology. As the first in Asia to introduce a tokenized short-term treasury bill product, STBT, earned the Ecosystem Excellence TADS Award in 2023 for Trading & Liquidity Solutions. In 2024, it launched a one-of-a-kind Tokenized Gold token, XAUm, modernizing traditional gold investment into a dynamic, multifunctional digital asset.
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Fintech PR
FXGiants Launches Partner Programs to Boost Forex Trading Success
HAMILTON, Bermuda, Dec. 30, 2024 /PRNewswire/ — FXGiants, a prominent brokerage firm, has opened a new chapter for individuals eyeing opportunities in forex trading. The company has launched new, easy-to-join partnership programs, offering valuable earning opportunities to market participants. Combining effortless integration with substantial revenue potential, these initiatives will arm partners with everything they need to explore today’s forex landscape.
Christopher Oates, a spokesperson for FXGiants elaborated on this development: “Our partner programs are designed to fuel growth for partners by removing unnecessary hurdles. From smooth onboarding to competitive rewards and strong support systems, we aim to provide everything needed for success. Our mission is to help individuals and companies scale their operations, boost their earnings, and tap into new opportunities with confidence.”
Programs Designed for Unique Ambitions
Recognizing that goals differ from partner to partner, FXGiants has shaped three dedicated programs built for varied ambitions. Firstly, the Introducing Brokers (IBs) plan allows users to bring new clients to FXGiants and, in turn, earn competitive commissions. Adding excitement, the IB Monthly Reward Plan offers cash incentives of up to $1,000, determined by client trading activity and volumes.
Secondly, the Affiliate Program is a haven for marketing-focused individuals as it offers forex trading tracking tools and an extensive suite of professional promotional content. Affiliates can easily evaluate their campaigns’ performance and receive earnings based on qualified referrals. Lastly, the White Label Solution is suitable for businesses seeking a fully branded, standalone trading experience. FXGiants delivers a customizable platform that allows businesses to retain control over client offerings.
“At FXGiants, our objective remains straightforward – to give our partners unparalleled possibilities in the forex trading market,” Oates added. “Joining our programs is quick and easy. Interested parties can register on our website or reach out via email to get started. We are committed to building a path for long-term success, one step at a time.”
About FXGiants
FXGiants is an FCA/BMA-regulated broker that gives access to over 300 trading instruments to its clients. Features such as tight spreads, VPS hosting, and Live and ECN/STP accounts, underline its commitment to traders’ convenience and security. With the reliable MT4 platform and PMAM software, FXGiants also ensures swift executions and an intuitive trading environment for beginners and seasoned traders alike. Moreover, around-the-clock, multilingual assistance adds yet another layer of dependability, fostering a confident and efficient forex trading experience.
All trading involves risk. It is possible to lose all of your capital. This offer is made by Notesco Int Limited, registered in Anguilla. FXGiants is a trade name of Notesco Int Limited; a company incorporated in Anguilla with registration number A000001800 and registered address The Valley, AI2640, Cosely Drive, 1338, AI.
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Fintech PR
Bybit and SOLV Protocol Team Up for Explosive bbSOL Maxi Rewards
DUBAI, UAE, Dec. 30, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange, today announced a thrilling new campaign in collaboration with SOLV Protocol: the bbSOL Maxi Rewards. This exciting event offers users the chance to win a share of 1,300,000 SOLV tokens via airdrop by staking their SOL.
From December 30, 2024, at 10:00 AM UTC to January 20, 2025, at 10:00 AM UTC, users who stake at least 0.5 SOL to obtain bbSOL through their Bybit Web3 Seed Phrase Wallet on the Bybit Web3 Earn platform are eligible to participate in the campaign and win exciting SOLV rewards.
“We’re thrilled to partner with SOLV Protocol for this exciting campaign,” said Emily Bao, Head of Web3 and Spot at Bybit. “The bbSOL Maxi Rewards presents a fantastic opportunity for users to maximize their SOL holdings and earn substantial rewards. We encourage everyone to participate and experience the power of Bybit Web3.”
How to Participate:
- Visit the Airdrop Arcade: Head over to the dedicated “bbSOL X SOLV Campaign Page” (Airdrop Arcade).
- Connect Your Wallet: Connect your Bybit Web3 Seed Phrase Wallet and complete the required tasks.
- Stake Your SOL: Stake a minimum of 0.5 SOL to obtain bbSOL through Bybit Web3 Earn. The more you stake, the higher your potential rewards in the Ultimate Rewards Pool.
The top 100 stakers with the highest SOL stakes will receive their SOLV rewards directly to their Bybit Web3 Seed Phrase Wallet’s ETH address within three weeks of the event’s conclusion.
To participate, users must deposit SOL and obtain bbSOL on the Bybit Web3 Earn platform using their Bybit Web3 Seed Phrase Wallet. Only new SOL deposits made during the event period are eligible for rewards.
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 60 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit Web3, please visit Bybit Web3.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
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