MIAX reports a 13.5% year-over-year decline in October options ADV, though year-to-date volume remains up 16.6% as the firm's financial futures segment sees significant monthly growth.
October options ADV fell 13.5% YoY to 11,290,000 with market share down 12.8% to 16.9%, and MIAX Pearl equities ADV dropped 51.4% with share down 41.0%. However, YTD options ADV is up 16.6% and financial futures ADV more than doubled month-over-month (+117.1% to 4,833). Mixed signals make a clear directional move unlikely.
Not year-over-year: October options ADV fell 13.5% and equities ADV fell 51.4%, but on a year-to-date basis options ADV is still up 16.6% versus 2025.
Yes, MIAX Futures: agricultural futures ADV rose 28.1% year-over-year, and the newly launched financial futures had ADV of 4,833 in October, up 117.1% from September.
Miami International Holdings reported a mixed October 2026 performance, with options ADV falling 13.5% year-over-year to 11.29 million contracts. Despite the monthly decline in options and a 51.4% drop in MIAX Pearl equities volume, the firm maintained a 16.6% year-to-date increase in multi-list options ADV. Meanwhile, the firm's futures segment showed strong momentum, with financial futures ADV surging 117.1% month-over-month.
Not on a year-over-year basis; October options ADV fell 13.5% and equities ADV dropped 51.4%, though year-to-date options ADV remains 16.6% higher than in 2025.
Yes, MIAX Futures: agricultural futures ADV rose 28.1% year-over-year, and financial futures ADV grew 117.1% from September to October.