Princeton, NJ – August 1, 2016 – MIAX Options Exchange today announced that over 20.5 million contracts were executed on MIAX Options in July 2016, equating to an average daily volume (ADV) of over 1 million contracts. The July volume represents a 7.7% decrease from the 22.2+ million contracts executed in June 2016 and a 16.3% decrease from the 24.5+ million contracts executed in July 2015. MIAX Options’ year-to-date total as of July 2016 of over 145 million contracts represents a 3.0% increase over the 141+ million contracts achieved during the same time period in 2015. MIAX Options’ July equity options market share of 7.49% represents a 3.6% increase from the 7.23% achieved in July 2015 and an 8.2% increase from the 6.92% achieved in June 2016. For the entire U.S. equity options industry, July’s ADV for its 20 trading days was over 13.7 million contracts, or an 11.1% decrease from July 2015’s ADV of over 15.4 million contracts for its 22 trading days. 

Other achievements include:

• During June 2016, MIAX Options ranked #1 out of all U.S. equity options exchanges in percentage of time at the National Best Bid/Offer (NBBO) in aggregate across all option classes. This marked the eleventh month in a row that MIAX Options achieved this distinction.

• During June 2016, MIAX Options ranked #1 out of all U.S. equity options exchanges in percentage of time at the NBBO in aggregate across all Penny Pilot option classes. This marked the tenth month in a row that MIAX Options achieved this distinction. Statistics for both all option classes and Penny Pilot option classes were provided by the TABB Group.

For further information regarding the MIAX Options Exchange, please visit www.MIAXOptions.com or contact MIAX Trading Operations at TradingOperations@MIAXOptions.com.