Miami International Holdings, Inc. (MIAX) (NYSE:MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today reported March 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 (PRNewsfoto/MIAX)

March 2026 Highlights

  • MIAX Exchange Group set a year-to-date (YTD) market share record of 17.3% through March 2026, compared to 16.0% in the prior-year period
  • MIAX Exchange Group reached a YTD average daily volume (ADV) record of 10.9 million contracts through March 2026, a 26.6% increase from the same period in 2025

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.



 
Average Daily Trading Volume (ADV) (1)Year-to-Date Comparison
Mar-26Mar-25% ChgFeb-26% ChgMar-26Mar-25% Chg
U.S. Multi-list Options
Trading Days2221

 
19

 
6160

 
U.S. Equity Options Industry ADV (000's)61,77053,18216.1 %63,264-2.4 %62,64753,60416.9 %
MIAX Exchange Group Options ADV (000's)10,6968,26829.4 %10,812-1.1 %10,8658,58226.6 %
MIAX Exchange Group Options Market Share17.3 %15.5 %11.4 %17.1 %1.3 %17.3 %16.0 %8.3 %
U.S. Equities
U.S. Equities Industry ADV (Millions)20,47116,00827.9 %18,9638.0 %19,66215,69525.3 %
MIAX Pearl ADV (Millions)19416318.7 %17411.5 %1771760.5 %
MIAX Pearl Market Share0.9 %1.0 %-7.2 %0.9 %3.3 %0.9 %1.1 %-19.8 %
MIAX Futures Exchange 
Trading Days2221

 
19

 
6161

 
MIAX Futures ADV10,39414,715-29.4 %14,944-30.4 %10,81618,002-39.9 %