Listing Alert
MIAX Options
April 28, 2017 | 11:01 AM
MIAX Corporate Action Alert: Direxion Shares (JDST), (JNUG), (NUGT), and (SPXS)
Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST), Direxion Daily Junior Gold Miners Index Bull 3X Shares (JNUG), Direxion Daily Gold Miners Index Bull 3X Shares (NUGT), and Direxion Daily S&P 500 Bear 3X Shares (SPXS) have announced reverse stock splits. The reverse splits will become effective on Monday, May 1, 2017. On that date, the current JDST, JNUG, NUGT, and SPXS option classes will change to JDST1, JNUG1, NUGT1, and SPXS1. The MIAX Options and MIAX Pearl Exchanges will not list JDST1, JNUG1, NUGT1, and SPXS1 options. Therefore, no options on JDST, JNUG, NUGT, and SPXS will be available for trading on Monday, May 1, 2017. The above Direxion Shares will resume trading on the MIAX Options and MIAX PEARL Option Exchanges on Tuesday, May 2, 2017.
All GTC orders resting on the MIAX order books in JDST, JNUG, NUGT, and SPXS will be canceled at the close of business on Friday, April 28, 2017.
Additional details about the above reverse stock splits are provided in the attached OCC Memos.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.