Alerts

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MIAX Options and MIAX PEARL - Corporate Action: SPDR S&P Dividend ETF (SDY) Capital Gains Distribution

As previously announced in the SDY Alert this morning, SPDR S&P Dividend ETF (SDY) has announced a long term capital gains distribution. Effective for trading on Monday, December 18, 2017, the SDY deliverable will no longer include the cash component, and SDY strikes will be reduced and rounded to the nearest penny.

NOTE: All GTC's resting on the MIAX order books at the close of business on December 15, 2017 will be cancelled by the Exchange. 

Additional details about the SPDR S&P Dividend ETF (SDY) capital gains distribution are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

SDY CapitalGains 42347

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MIAX Options and MIAX PEARL Corporate Action Alert: Main Street Capital Corporation (MAIN)

Main Street Capital Corporation (MAIN) has announced a cash distribution.  Associated strike price adjustments will become effective on Monday, December 18, 2017. MAIN options will continue to trade without interruption on the MIAX Options and MIAX PEARL Exchanges.

All GTC orders resting on the MIAX order books in MAIN will be canceled at the close of business on Friday, December 15, 2017.

Additional details about the Main Street Capital Corporation (MAIN) distribution is provided in the attached OCC Memos.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.
 

MAIN distribution 42342

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MIAX Options and MIAX PEARL Corporate Action: SPDR S&P Dividend ETF (SDY) Capital Gains Distribution

SPDR S&P Dividend ETF (SDY) has announced a long term capital gains distribution effective for Friday, December 15, 2017.

SPDR S&P Dividend ETF (SDY) options will be adjusted to reflect the total capital gains distribution on December 15, 2017 by including a cash component with the SDY deliverable in the amount of the distribution (x 100).  Effective for trading on Monday, December 18, 2017, the SDY deliverable will no longer include the cash component, and SDY strikes will be reduced and rounded to the nearest penny.

PLEASE NOTE: All GTC's resting on the MIAX order books at the close of business on December 14, 2017 will be cancelled by the Exchange on the following trading day at 9:00 AM ET if not cancelled by the firm.  New or replaced orders will remain on the order books.  Firms should evaluate pricing based on the temporary cash component.

Additional details about the SPDR S&P Dividend ETF (SDY) capital gains distribution are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

SDY CapitalGains 42347

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Market for Underlying Security used for Openings on MIAX Options for Symbol PFG Effective Monday, December 18, 2017

The following underlying symbol will transfer primary listing from the New York Stock Exchange to the Nasdaq Global Select Market effective Monday, December 18, 2017.
  • Principal Financial Group, Inc.  (PFG)
Please refer to MIAX Options Regulatory Circular 2017-61 for more details.

Questions should be directed to Regulatory@MIAXOptions.com or (609) 897-7309.

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MIAX Options and MIAX PEARL Delisting Alert: Cobalt International Energy, Inc. (CIE)

Cobalt International Energy, Inc. (CIE) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Thursday, December 14, 2017.

All GTC orders resting on the MIAX order books in CIE will be canceled at the close of business on Wednesday, December 13, 2017. 

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

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MIAX Options Business Continuity and Disaster Recovery Plans Testing - Member Designation Standards

As required by Regulation Systems Compliance and Integrity and MIAX Options Rule 321, certain Members of MIAX Options will have mandatory participation requirements in the annual SIFMA Business Continuity Planning Disaster Recovery (“BC/DR”) test.  MIAX Options will be leveraging the annual industry-wide BC/DR test to fulfill this requirement.

Within fifteen (15) calendar days following the end of the measurement quarter MIAX Options will provide notice to qualifying Members that will have a mandatory BC/DR testing participation requirement. The measurement quarter is defined as January 1st through March 31st each year.

Please refer to MIAX Options Regulatory Circular 2017-60 for more information on designation standards and requirements for Designated Members.

Regulatory inquiries should be directed to Regulatory@MIAXOptions.com or (609) 897-7309.

Please direct any requests for further information regarding MIAX Option’s BC/DR plans testing to TradingOperations@MIAXOptions.com or (609) 897-7302.

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MIAX Options and MIAX PEARL Corporate Action Alert: Direxion Daily S&P Biotech Bull 3X Shares (LABU) and Direxion Daily S&P 500 Bull 3X Shares (SPXL)

Direxion Daily S&P Biotech Bull 3X Shares (LABU) and Direxion Daily S&P 500 Bull 3X Shares (SPXL) have announced Capital Gains Distributions.  Associated strike price adjustments will become effective on Wednesday, December 13, 2017. LABU and SPXL options will continue to trade without interruption on the MIAX Options and MIAX PEARL Exchanges.

All GTC orders resting on the MIAX order books in LABU and SPXL will be canceled at the close of business on Tuesday, December 12, 2017.

Additional details about the Direxion Daily S&P Biotech Bull 3X Shares (LABU) and Direxion Daily S&P 500 Bull 3X Shares (SPXL) distributions are provided in the attached OCC Memos.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.
 

SPXL CapitalGains 42317 LABU CapitalGains 42318

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MIAX Options and MIAX PEARL Corporate Action Alert: PACCAR Inc. (PCAR)

PACCAR Inc. (PCAR) has announced a Special Cash Dividend.  Associated strike price adjustments will become effective on Wednesday, December 13, 2017.  PCAR options will continue to trade without interruption on the MIAX Options and MIAX PEARL Exchanges.

All GTC orders resting on the MIAX order books in PCAR will be canceled at the close of business on Tuesday, December 12, 2017.

Additional details about the PACCAR Inc. (PCAR) dividend are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.
 

PCAR distribution 42288

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MIAX Options and MIAX PEARL Delisting Alert: PharMerica Corporation (PMC)

PharMerica Corporation (PMC) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Friday, December 8, 2017.

All GTC orders resting on the MIAX order books in PMC will be canceled at the close of business on Thursday, December 7, 2017. 

Details about the PharMerica Corporation (PMC) merger are provided in the attached OCC memo.

Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

PMC Merger 42294

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