Fintech PR
Miami International Holdings Reports Trading Results for January 2024; MIAX Pearl Equities Volume Increases 105.3% with Market Share Reaching 1.9%
PRINCETON, N.J., Feb. 9, 2024 /PRNewswire/ — Miami International Holdings, Inc. (MIH) today reported January 2024 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl® and MIAX Emerald® (together, the MIAX Exchange Group), and Minneapolis Grain Exchange (MGEX™).
January 2024 Trading Volume and Market Share Highlights
- Total multi-listed monthly options volume for the MIAX Exchange Group reached a monthly volume of 140.5 million contracts, a 3.7% increase year-over-year (YoY) and representing an increase of 9.5% from December 2023. January 2024 market share reached 15.75%, a 1.1% decrease YoY.
- MIAX Options reached a monthly volume of 56.9 million contracts, a 3.4% increase YoY and a 10.6% increase from December 2023. January 2024 market share reached 6.37%, a 1.3% decrease YoY.
- MIAX Pearl Options reached a monthly volume of 51.9 million contracts, a 9.3% decrease YoY and representing a 12.0% increase from December 2023.
- MIAX Emerald Options reached a monthly volume of 31.7 million contracts, a 36.2% increase YoY and a 4.0% increase from December 2023. January 2024 market share reached 3.56%, a 30.0% increase YoY.
- In U.S. equities, MIAX Pearl Equities™ volume reached a monthly volume of 4.6 billion shares, a 105.3% increase YoY and representing a 4.9% increase from December 2023. January 2024 market share reached 1.90%, a 91.7% increase YoY.
- In U.S. futures, MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reached a monthly volume of 220,026 contracts, a 32.9% increase YoY and representing a 61.0% increase from December 2023.
Additional MIAX Exchange Group and MGEX trading volume and market share information are included in the tables below.
|
Multi-Listed Options Trading Volume for MIAX Exchange Group, Current Month |
Year-to-Date Comparison |
||||||||
|
Multi-Listed Options |
Jan-24 |
Jan-23 |
% Chg  |
Dec-23 |
% Chg |
Jan-24 |
Jan-23 |
% Chg |
|
|
Trading Days |
21 |
20 |
20 |
21 |
20 |
||||
|
U.S. Equity Options Industry |
891,961,535 |
851,299,299 |
4.8 % |
831,449,638 |
7.3 % |
891,961,535 |
851,299,299 |
4.8 % |
|
|
MIAX Exchange Group |
140,525,814 |
135,562,425 |
3.7 % |
128,287,450 |
9.5 % |
140,525,814 |
135,562,425 |
3.7 % |
|
|
MIAX Options |
56,855,169 |
54,968,897 |
3.4 % |
51,400,676 |
10.6 % |
56,855,169 |
54,968,897 |
3.4 % |
|
|
MIAX Pearl |
51,931,661 |
57,286,437 |
-9.3 % |
46,372,764 |
12.0 % |
51,931,661 |
57,286,437 |
-9.3 % |
|
|
MIAX Emerald |
31,738,984 |
23,307,091 |
36.2 % |
30,514,010 |
4.0 % |
31,738,984 |
23,307,091 |
36.2 % |
|
|
Multi-Listed Options ADV |
Jan-24 |
Jan-23 |
% Chg |
Dec-23 |
% Chg |
Jan-24 |
Jan-23 |
% Chg |
|
|
U.S. Equity Options Industry |
42,474,359 |
42,564,965 |
-0.2 % |
41,572,482 |
2.2 % |
42,474,359 |
42,564,965 |
-0.2 % |
|
|
MIAX Exchange Group |
6,691,705 |
6,778,121 |
-1.3 % |
6,414,373 |
4.3 % |
6,691,705 |
6,778,121 |
-1.3 % |
|
|
MIAX Options |
2,707,389 |
2,748,445 |
-1.5 % |
2,570,034 |
5.3 % |
2,707,389 |
2,748,445 |
-1.5 % |
|
|
MIAX Pearl |
2,472,936 |
2,864,322 |
-13.7 % |
2,318,638 |
6.7 % |
2,472,936 |
2,864,322 |
-13.7 % |
|
|
MIAX Emerald |
1,511,380 |
1,165,355 |
29.7 % |
1,525,701 |
-0.9 % |
1,511,380 |
1,165,355 |
29.7 % |
|
|
Multi-Listed Options Market Share for MIAX Exchange Group, Current Month |
Year-to-Date Comparison |
||||||||
|
Multi-Listed Options Market |
Jan-24 |
Jan-23 |
% Chg |
Dec-23 |
% Chg |
Jan-24 |
Jan-23 |
% Chg |
|
|
MIAX Exchange Group |
15.75 % |
15.92 % |
-1.1 % |
15.43 % |
2.1 % |
15.75 % |
15.92 % |
-1.1 % |
|
|
MIAX Options |
6.37 % |
6.46 % |
-1.3 % |
6.18 % |
3.1 % |
6.37 % |
6.46 % |
-1.3 % |
|
|
MIAX Pearl |
5.82 % |
6.73 % |
-13.5 % |
5.58 % |
4.4 % |
5.82 % |
6.73 % |
-13.5 % |
|
|
MIAX Emerald |
3.56 % |
2.74 % |
30.0 % |
3.67 % |
-3.0 % |
3.56 % |
2.74 % |
30.0 % |
|
|
Equities Trading Volume for MIAX Pearl Equities, Current Month |
Year-to-Date Comparison |
|||||||
|
Equities Shares (millions) |
Jan-24 |
Jan-23 |
% Chg |
Dec-23 |
% Chg |
Jan-24 |
Jan-23 |
% Chg |
|
Trading Days |
21 |
20 |
20 |
21 |
20 |
|||
|
U.S. Equities Industry |
242,622 |
226,550 |
7.1 % |
247,729 |
-2.1 % |
242,622 |
226,550 |
7.1 % |
|
MIAX Pearl Volume |
4,604 |
2,243 |
105.3 % |
4,387 |
4.9 % |
4,604 |
2,243 |
105.3 % |
|
MIAX Pearl ADV |
219 |
112 |
95.5 % |
219 |
-0.1 % |
219 |
112 |
95.5 % |
|
MIAX Pearl Market Share |
1.90 % |
0.99 % |
91.7 % |
1.77 % |
7.2 % |
1.90 % |
0.99 % |
91.7 % |
|
Futures & Options Trading Volume and Open |
Year-to-Date Comparison |
|||||||
|
Futures Contracts |
Jan-24 |
Jan-23 |
% Chg |
Dec-23 |
% Chg |
Jan-24 |
Jan-23 |
% Chg |
|
Trading Days |
21 |
20 |
20 |
21 |
20 |
|||
|
MGEX Total |
220,026 |
165,600 |
32.9 % |
136,652 |
61.0 % |
220,026 |
165,600 |
32.9 % |
|
MGEX Average Daily Volume |
10,477 |
8,280 |
26.5 % |
6,833 |
53.3 % |
10,477 |
8,280 |
26.5 % |
|
MGEX Open Interest |
80,674 |
65,286 |
23.6 % |
63,238 |
27.6 % |
|||
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®), MIAX Sapphire LLC (MIAX SapphireTM), 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 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. 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.miaxglobal.com/mgex.
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
Strictly Money Launches Crowdcube Campaign, Inviting European Investors to Fuel its Growth Journey
LONDON, Dec. 27, 2024 /PRNewswire/ — Strictly Money Ltd, the London-based fintech, has launched a crowdfunding campaign on Crowdcube to invite European investors to fuel its next phase of growth. Crowdcube, Europe’s largest private market investment platform, has powered success stories like Revolut, Qonto, and Monzo. Regulated by the UK’s Financial Conduct Authority (FCA), Crowdcube provides a trusted and innovative platform for investors to participate in transformative ventures.
Strictly Money’s primary objective with this campaign is to accelerate its growth, fuel product development, and expand its shareholder base. The funding will enable Strictly Money to launch its payment card and banking app in early 2025 and to strengthen its market presence in Scandinavia, the UK, and Ireland. The company plans to introduce hedge fund returns products, broadening investment options for consumers by the end of 2025.
Discover how you can be part of Strictly Money’s growth journey by visiting our Crowdcube campaign at https://crowdcube.getstrictlymoney.com.
Will Povey, CEO and Co-Founder of Strictly Money, said: “At Strictly Money, our vision is to empower everyday investors with access to wealth-building tools and opportunities that were previously reserved for high-net-worth individuals. With this crowdfunding campaign, we aim to bring together a diverse community of investors who share our passion for financial innovation and inclusivity. This funding will not only help us launch our innovative debit card and app but also drive the development of new products that deliver real value to our users.”
About Strictly Money:
Strictly Money is a UK-based financial technology company set to launch a debit card and a cutting-edge banking app in early 2025. The company aims to democratize access to high-performing hedge fund returns, providing innovative investment strategies and financial solutions tailored to investors, savers, and entrepreneurs. Strictly Money’s mission is to open up premium investment opportunities traditionally limited to high-net-worth individuals (HNWIs). For more information, visit https://strictly-money.com.
For media inquiries contact:
Mary Prendergast
Email: [email protected]
Important Notice:
Investing in startups and early-stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution. It should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. Please read the full Risk Warning on Crowdcube’s website before deciding to invest.
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Fintech PR
Bybit Web3 Wallet Integrates Tonstakers: The First of Its TON Staking Offerings to Expand DeFi Opportunities
DUBAI, UAE, Dec. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange,is excited to announce the integration of Tonstakers, the leading liquid staking protocol on the TON blockchain, into its Web3 Wallet. This marks the first of Bybit Web3’s TON staking offerings, reinforcing its commitment to expanding decentralized finance (DeFi) opportunities for its users.
With this integration, Bybit Web3 Wallet users can now seamlessly stake Toncoin ($TON) and receive $tsTON (Tonstakers LST) in return. The value of $tsTON increases relative to $TON every 26 hours, ensuring competitive rewards while contributing to the growth and success of the TON ecosystem. The integration also opens the door for 130 million users in the TON ecosystem to access TON staking directly within the Bybit Web3 Wallet.
Bybit is dedicated to simplifying DeFi adoption by providing intuitive and user-friendly staking experiences. This milestone partnership with Tonstakers enables users to unlock annual returns estimated between 3% and 5% APY, with rewards automatically compounded, further cementing Bybit’s role as a leader in DeFi accessibility.
Why Tonstakers Matters: The First of Its Kind
Tonstakers is the inaugural partner in Bybit Web3’s TON staking initiative, setting a new standard for staking services. With a total value locked (TVL) exceeding $260 million and a significant market share in the liquid-staked TON sector, Tonstakers offers Bybit Web3 Wallet users unparalleled access to TON staking benefits:
- Effortless Staking: Securely stake $TON with ease, thanks to the user-friendly interface within the Bybit Web3 Wallet.
- Earn $tsTON Rewards: Receive tokenized staked Toncoin ($tsTON), which can be leveraged within DeFi applications across the TON ecosystem.
- Explore DeFi Liquidity: Engage with Tonstakers Earn to provide liquidity using $tsTON, unlocking diverse earning opportunities.
“Bybit Web3 is proud to deepen our integration with the TON blockchain, a crucial step in our mission to foster a thriving and interconnected Web3 ecosystem,” said Emily Bao, Head of Bybit Web3. “This integration empowers our users with seamless and trusted access to TON liquid staking pools and unlocks valuable earning opportunities. As a strong believer in DeFi adoption, Bybit Web3 is committed to bridging the gap between Web2 and Web3, creating simple, easy, and accessible solutions that bring the benefits of decentralized finance to a wider audience. We believe this integration will significantly contribute to the growth and success of the TON ecosystem.”
Start Staking Today To begin staking your $TON and earning with $tsTON, visit https://www.bybit.com/en/web3/staking and discover the power of Bybit Web3 Wallet’s integration with Tonstakers. Bybit Web3 Wallet currently supports a wide range of staking services beyond TON tokens, including ETH, USDT, USDC, bbSOL, SUI, and more.
#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]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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LAS VEGAS, Dec. 27, 2024 /PRNewswire/ — Yaber reported a remarkable 100% year-over-year sales surge during Black Friday. The T2 outdoor projector, featuring a built-in battery and handle-to-stand design, ranked among Amazon’s Top 3 “Most Wished For” list. Meanwhile, the L2s projectors, available in exclusive Pantone colors, sold out shortly after launch.
Yaber T2 projector is currently available at Christmas sale on Amazon and the official Yaber website. Meanwhile, pre-orders for the L2s projectors in exclusive Pantone colors will reopen in mid-January 2025.
This year, Yaber further expanded its global retail presence, debuting at the iconic Selfridges in the UK and securing placements in MediaMarkt across EMEA, Canada’s London Drugs, Saudi Arabia’s EXTRA, Belgium’s FNAC, Greece’s PUBLIC, Czech Republic’s Datart, Japan’s Bic Camera and Yodobaxi, and Malaysia’s premier IOI City Mall and Plaza Low Yat.
Looking ahead, Yaber is set to unveil its first ultra-short-throw laser projector and a new Keith Haring-inspired entry-level model at CES 2025. The launch event will take place at 4:00 PM PST, January 6, 2025 at Caesars Palace, Las Vegas. Visit Yaber’s booth in South Hall 1-30808 at Las Vegas Convention and World Trade Center (LVCC) from January 7-10 to discover more.
About Yaber
Founded in 2018, Yaber redefined home entertainment by introducing the world’s first entertainment projector, pioneering a new category in the industry. Today, its innovative projectors have delivered immersive experiences to users in over 120 countries, making Yaber a trusted name in global home entertainment.
The letter “Y” in Yaber embodies the youthful vigor and innovative spirit of Generation Y. It’s not just a symbol, but a unique representation of youth identity and attitude towards life, infusing the brand with rich cultural connotations of youthfulness within simplicity.
Committed to excellence, Yaber has been pushing the boundaries of audiovisual innovation, crafting projectors that inspire richer, more vibrant lifestyles. Its achievements are recognised with prestigious accolades, including the Red Dot, IDEA, VGP, and CES Innovation Awards.
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