MIAX Exchange launches VIX competitor

Feb 20, 2019: Bailey McCann (Opalesque New York) – A new competitor to the VIX launched today on the MIAX Options Exchange. The competitor – SPIKES – was created by T3 Index, an indexing firm, as part of a partnership with MIAX Options’ parent holding company, Miami International Holdings, Inc.

Volatility Trading to Launch on SPIKES Index

MIAX Options Exchange Begins Trading February 19, Opening Volatility Market to Competition for First Time in History. PRINCETON, N.J. – February 5, 2019 – MIAX Options® is scheduled to launch volatility trading on the SPIKES™ Index (Ticker: SPIKE) February 19, marking the end of exclusivity in the volatility market.