Skip to content
Broker news. Connected. RSS feed
FXBROKERS

A clearer view of the broker industry.

MIAX options volume falls 13.5% in October as market share narrows

Options average daily volume fell faster than the US industry, taking MIAX’s share to 16.9%. Agricultural futures grew, while equity trading on MIAX Pearl slowed sharply.

Miami International Holdings reported October options average daily volume of 11.290 million contracts, down 13.5% from a year earlier. The decline was substantially steeper than the 0.8% fall in industry options volume, reducing MIAX’s market share to 16.9% from 19.4%.[1]

The annual comparison contrasts with a 5.4% increase from September and a 16.6% rise in year-to-date options average daily volume. October had 22 trading days, against 23 a year earlier and 21 in September; daily averages make these periods more comparable than raw monthly contract totals.[1]

At a glance01

October trading by business

October trading by business
BusinessAverage daily volumeYear-on-year change
MIAX options exchanges11.290m contracts−13.5%
US options industry66.628m contracts−0.8%
MIAX Pearl Equities106m shares−51.4%
MIAX Futures agriculture9,333 contracts+28.1%
MIAX Futures financial products4,833 contractsNo comparable prior-year figure

MIAX’s options share fell by 2.5 percentage points. On the equities side, MIAX Pearl’s daily share volume fell 51.4%, against a 17.6% decline for the industry; its reported market share fell to 0.6% from 1.0%.[1]

Futures offered a different picture. Agricultural daily volume rose 28.1% year on year, although its year-to-date average remained 17.0% lower. Financial futures daily volume increased 117.1% from September to 4,833 contracts, an expansion from a small base following the May launch.[1]

The figures show why the group’s trading businesses need separate comparisons. Year-to-date options growth and recent financial-futures expansion coexist with an October loss of options share and weaker equity activity.[1]

Follow the evidence

Sources & further reading

  1. Miami International Holdings reports October 2026 trading results Miami International Holdings via PR Newswire · 5 Nov 2026 · Accessed 6 Nov 2026

Report an error or submit an update