Day: September 10, 2021

August 2021 Average Daily Volume of 3,904 contracts, up 144.7% over July 2021

PRINCETON, N.J. and MINNEAPOLIS, Sept. 9, 2021 /PRNewswire/ — MIAX®, creator and operator of high-performance securities exchanges, products and services, today announced average daily volume (ADV) for SPIKES® Futures in August 2021 reached 3,904 contracts, a new monthly record and representing a 144.7% increase over the 1,596 ADV in July 2021.  In addition, SPIKES Futures volume on September 8, 2021 totaled a new daily record of 13,342 contracts.

SPIKES Futures markets continue to see improved market quality, with an expanded group of market participants contributing to tight bid/ask spreads and available size to trade.  MGEX is also planning to extend its zero fee exchange policy for SPIKES Futures until December 31, 2021.

SPIKES Futures are based on the SPIKES Volatility Index, which was designed by T3 Index and measures the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY), the most actively traded ETF in the world. The futures contracts are listed on MGEX and accessed via the CME Globex® platform.

“The record SPIKES Futures volumes are a testament to a new volatility trading ecosystem we are focused on building in close collaboration with our partners,” said Thomas P. Gallagher, Chairman of MGEX and Chairman & CEO of MIAX.  “We continue to devote significant resources to building out our volatility complex, with rising demand from new sectors of the end-user community expected to support our trading volumes.”

The SPIKES Volatility Index is calculated and disseminated every 100 milliseconds, offering best-in-class accuracy and stability as a result of its proprietary price-dragging technology. Futures on the SPIKES Index allow traders to benefit from the Index’s innovative design features, including its truncation methodologies and underlying SPY option component liquidity.

“Our experienced futures team is focusing on building demand from new market segments, including both institutional investors and retail trading accounts,” said Joseph W. Ferraro III, Senior Vice President, Deputy General Counsel and President of MIAX Futures.  “We are providing the trading community with a new way to trade volatility, offering a low cost product that is quickly being embraced by established volatility market participants and futures trading firms.”

SPIKES Futures contract specifications, trading rules, pricing and interface specifications are available on the MGEX website at www.mgex.com. Additional information regarding SPIKES Futures can be found at www.MIAXoptions.com/spikes/futures.

Corporate Communications Contact:

MIAX
Andy Nybo, SVP, Chief Communications Officer
609-955-2091
anybo@miami-holdings.com

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^®), the Minneapolis Grain Exchange, LLC (MGEX), and the Bermuda Stock Exchange (BSX).

MIAX, MIAX Pearl and MIAX Emerald are national securities exchanges registered with the Securities and Exchange Commission (SEC) that leverage MIAX’s industry-leading technology and infrastructure to provide U.S. listed options trading to their member firms. MIAX 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). In addition to options, MIAX Pearl facilitates the trading of cash equities through MIAX Pearl Equities™.

MGEX is a registered exchange with the Commodity Futures Trading Commission (CFTC) and is a Notice Registered Securities Futures Product Exchange with the SEC. MGEX serves as the exclusive market for a variety of products, including Hard Red Spring Wheat and SPIKES Futures. In addition, MGEX is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM, DCO and cash market services in an array of asset classes.

The BSX is a leading electronic international securities market regulated by the Bermuda Monetary Authority (BMA) specializing in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and insurance linked securities. A full member of the World Federation of Exchanges and affiliate member of the International Organization of Securities Commissions, the BSX is globally recognized, including by the SEC.

MIAX’s executive offices and National Operations Center are located in Princeton, NJ, with additional offices located in Miami, FL, Minneapolis, MN, and Hamilton, Bermuda.

To learn more about MIAX visit www.MIAXOptions.com.

To learn more about MGEX visit www.mgex.com.

To learn more about the BSX visit www.BSX.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.

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SHENZHEN, China, Sept. 10, 2021 /PRNewswire/ — Winner Medical Co., Ltd. (300888.SZ), a leading manufacturer of high-quality medical and consumer products, celebrates its 30th anniversary this year alongside the release of its first annual corporate social responsibility report which highlights its continued commitment to sustainable, innovative, environmentally friendly development.

The CEO of Winner Medical, Jianquan Li said, “Winner Medical’s ‘green conscience’ has been ingrained in our DNA from the outset 30 years ago, proven by our deep commitment to building sustainable, green and environmentally friendly enterprises. Through our technological and scientific expertise, we have been constantly reducing our energy consumption and carbon emissions throughout the entire production chain. We will continue to have the sustainable and ecologically-focused mindset we’ve always had.”

The commitment starts from the raw materials for production. Products of Purcotton, the subsidiary of Winner Medical, are all made of cotton. Cotton, one of the most sustainable natural fibers, only needs six months from planting to harvesting. Cotton products are naturally biodegradable within 3 months and become organic fertilizer without undue burden to the environment. Additionally, cotton is one of the most drought-tolerant crops and planting consumes only 2.3% of water needed for agricultural production and 3% of related cultivated areas, providing 36% of the world’s fiber while fighting against soil erosion and combatting desertification.

Fully aware of its environmental responsibilities, Winner Medical consistently minimizes negative environmental impacts during the manufacturing process of its products by replacing coal with natural gas, recycling water and other measures. Through continuous optimization of production processes and technologies, the consumption of energy and resources has been reduced to create an environmentally friendly company. Winner Medical is devoted to providing customers with a commitment to expertise and peace of mind as a trustworthy industry leader that adheres to its core principle of “quality is superior to profit.”

In April this year, Winner Medical unveiled its first annual corporate social responsibility report which comprehensively outlined the company’s practices and achievements in Environmental, Social, and Corporate Governance (ESG). Since the beginning of 2021, surveys have been held to calculate the value of energy use, energy conservation and environmental protection measures of the entire company including its subsidiaries. The compiled data is being used to formulate a realistic and measurable timeframe for the company’s peak carbon and carbon neutrality goals. The company has put into motion and integrated the concept of emissions reduction throughout its entire supply chain.

About Winner Medical

Winner Medical Co., Ltd. (stock code: 300888), founded in 1991 and headquartered in Shenzhen, China, is a large-scale health company that realizes the coordinated development of the medical and consumer sectors through its three major brands: “Winner“, “Purcotton” and “PureH2B“. The company is committed to rendering more high-quality life choices for users and consumers and to creating value for a better life.

With 30 years of experience in the production of medical supplies, Winner is a leading medical consumables brand in the Chinese market as well as a brand with a global vision. Purcotton, as a brand of daily necessities, has inherited the company’s 30-year experience of manufacturing medical supplies. Using pure cotton as raw material, the brand aims to create a series of high-end cotton daily necessities that are healthy, comfortable and environmentally friendly. PureH2B is created as a life platform to offer consumers select things that are high-quality, healthy, and beautiful from around the world.

For more information, please visit: https://www.winnermedical.com/

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