Alerts

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MIAX Options and MIAX PEARL Delisting Alert: Ignyta, Inc. (RXDX)

Ignyta, Inc. (RXDX) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Friday, February 9, 2018.

All GTC orders resting on the MIAX order books in RXDX will be canceled at the close of business on Thursday, February 8, 2018.
 
Details about the Ignyta, Inc. (RXDX) merger are provided in the attached OCC memo.

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

RXDX Merger 42591

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MIAX Options and MIAX PEARL Corporate Action Alert: Lazard Ltd (LAZ)

Lazard Ltd (LAZ) has announced a Special Cash Dividend.  Associated strike price adjustments will become effective on Friday, February 9, 2018. LAZ 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 LAZ will be canceled at the close of business on Thursday, February 8, 2018.

Additional details about the Lazard Ltd (LAZ) dividend are provided in the attached OCC Memo.

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

LAZ distribution 42564

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MIAX Options and MIAX PEARL Listing Alert: Listing of Monday Weekly Expirations for SPY

The MIAX Options and MIAX PEARL Exchanges anticipate listing Weekly Short Term Option Series on the SPDR S&P 500 ETF Trust (SPY) which will expire on Mondays. The Monday Weekly SPY option series are expected to begin trading on Friday, February 16, 2018. 

Key aspects include:
  • SPY Monday option series to expire Weekly on any Monday of the month, other than one that coincides with a Quarterly Option Series or an Exchange holiday
  • If the Monday Weekly SPY Expiration coincides with an Exchange holiday, the series will expire on the first business day immediately following that Monday
  • Monday Weekly SPY option series will be listed on a Friday and include up to 5 expirations
  • If Friday is not a business day, Monday Weekly SPY option series may be opened the first business day immediately following that Friday
  • The minimum interval between strike prices for Monday Weekly SPY option series will be $0.50, the same as for current options within the Short Term Options Series Program
  • Initial Monday Weekly SPY expiration dates are expected to be 2/26/2018, 3/05/2018, 3/12/2018, 3/19/2018 and 3/26/2018
Contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.
 

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MIAX Options and MIAX PEARL Corporate Action Alert: Wingstop, Inc. (WING)

Wingstop, Inc. (WING) has announced a Special Cash Dividend.  Associated strike price adjustments will become effective on Thursday, February 8, 2018.  WING 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 WING will be canceled at the close of business on Wednesday, February 7, 2018.

Additional details about the Wingstop, Inc. (WING) dividend are provided in the attached OCC Memo.

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

WING distribution 42557

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MIAX Options and MIAX PEARL Delisting Alert: Alon USA Partners, LP (ALDW)

Alon USA Partners, LP (ALDW) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Thursday, February 8, 2018.

All GTC orders resting on the MIAX order books in ALDW will be canceled at the close of business on Wednesday, February 7, 2018.
 
Details about the Alon USA Partners, LP (ALDW) merger are provided in the attached OCC memo.

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

ALDW Merger 42585

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MIAX Options and MIAX PEARL Delisting Alert: Actua Corporation (ACTA)

Actua Corporation (ACTA) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Tuesday, February 6, 2018.

All GTC orders resting on the MIAX order books in ACTA will be canceled at the close of business on Monday, February 5, 2018.
 
Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

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MIAX Options and MIAX PEARL Delisting Alert: Buffalo Wild Wings, Inc. (BWLD)

Buffalo Wild Wings, Inc. (BWLD) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Tuesday, February 6, 2018.

All GTC orders resting on the MIAX order books in BWLD will be canceled at the close of business on Monday, February 5, 2018.
 
Details about the Buffalo Wild Wings, Inc. (BWLD) merger are provided in the attached OCC memo.

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

BWLD Merger 42568

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MIAX Options & MIAX PEARL - Update of Mandatory Usage of Member Firm Portal for Manual Symbol Assignments: Now May 1, 2018

As previously announced in the November 9, 2017 Alert, the MIAX Exchanges will REQUIRE MIAX Options and MIAX PEARL Market Makers to use the MFP to manage their manual option class assignments for both exchanges, on a mandatory basis.  This was originally scheduled for February 9, 2018, but will now be effective May 1, 2018, pending SEC approval.   

The MIAX Member Firm Portal provides members with the following functionality:

MIAX Options Exchange
  • LMM and RMM Option Class Assignments must be entered prior to 6:00 PM ET on the day immediately preceding the effective date. 
    • All changes made after 6:00 PM ET on a given day will be effective two trading days later.
    • MIAX Options Primary Lead Market Maker (PLMM) assignments and un-assignments will not be supported via the MFP.   The MIAX Options Listings Department will continue to facilitate PLMM solicitation, assignment and un-assignment.
  • Symbol assignment queries
  • Trade queries
  • Applying same-side clearing corrections
    • Requests for price or size changes and trade adjustments or busts will continue to be submitted to MIAX Regulatory for approval and processing
MIAX PEARL Exchange
  • Option Class Assignments must be entered prior to 6:00 PM ET on the day immediately preceding the effective date. 
    • All changes made after 6:00 PM ET on a given day will be effective two trading days later.
    • MIAX PEARL Market Makers may continue to manage PEARL symbol assignments via the MIAX Express Order (MEO) Interface prior to 9:00 AM of the current trading day.
  • Symbol assignment queries
  • Trade queries
  • Applying same-side clearing corrections
    • Requests for price or size changes and trade adjustments or busts will continue to be submitted to MIAX Regulatory for approval and processing
The MIAX Member Firm Portal is an internet-facing portal which provides self-service functions to member firms.  The MFP will be available at all times except during announced maintenance windows. Individuals requesting Member Firm Portal access must be authorized to act on behalf of their organization.

For further information and to request access to the Member Firm Portal, please contact MIAX Trading Operations at TradingOperations@MIAXOptions.com or (609) 897-7302.

Regulatory questions should be directed to the Regulatory Department at (609) 897-7309 or Regulatory@MIAXOptions.com.

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MIAX Options and MIAX PEARL Corporate Action Alert: Actua Corporation (ACTA)

Actua Corporation (ACTA) has announced a distribution effective for Friday, February 2, 2018.  On that date, the current ACTA option class will change to ACTA1. The MIAX Options and MIAX PEARL Exchanges will not list ACTA1 options. Therefore, no options on ACTA will be available for trading on the MIAX Options and MIAX PEARL Exchanges on Friday, February 2, 2018. Actua Corporation (ACTA) will resume trading on the MIAX Options and MIAX PEARL Exchanges on Monday, February 5, 2018.

All GTC orders resting on the MIAX order books in ACTA will be canceled at the close of business on Thursday, February 1, 2018.

Additional details about the Actua Corporation (ACTA) distribution are provided in the attached OCC Memo.

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

ACTA distribution 42509

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MIAX Options and MIAX PEARL Delisting Alert: Callidus Software Inc. (CALD)

Callidus Software Inc. (CALD) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Thursday, February 1, 2018.

All GTC orders resting on the MIAX order books in CALD will be canceled at the close of business on Wednesday, January 31, 2018.
 
Please contact MIAX Options Listings with any questions at Listings@MIAXOptions.com or (609) 897-7308.

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