Alerts

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.