Listing Alert

MIAX Options

May 19, 2017 | 07:57 PM

MIAX Corporate Action Alert: National Grid plc (NGG)

National Grid plc (NGG) has announced a special distribution. The distribution will become effective on Monday, May 22, 2017.  On that date the current NGG option class will change to NGG1. The MIAX Options Exchange will not list NGG1 options. Therefore, no options on NGG will be available for trading on Monday, May 22, 2017. NGG will resume trading on the MIAX Options Exchange on Tuesday, May 23, 2017.

All GTC orders resting on the MIAX order book in NGG will be canceled at the close of business on Friday, May 19, 2017.

Additional details about the National Grid plc (NGG) distribution is provided in the attached OCC Memos.

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