Listing Alert
MIAX Options
March 28, 2018 | 11:18 AM
MIAX Options and MIAX PEARL Corporate Action Alert: Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ)
Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ) has announced a reverse stock split effective for Thursday, March 29, 2018. On that date, the current EDZ option class will change to EDZ1. The MIAX Options and MIAX PEARL Exchanges will not list EDZ1 options. Therefore, no options on EDZ will be available for trading on the MIAX Options and MIAX PEARL Exchanges on Thursday, March 29, 2018. Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ) will resume trading on the MIAX Options and MIAX PEARL Exchanges on Monday, April 2, 2018.
All GTC orders resting on the MIAX order books in EDZ will be canceled at the close of business on Wednesday, March 28, 2018.
Additional details about the Direxion Daily MSCI Emerging Markets Bear 3X Shares (EDZ) reverse split are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.