Alerts

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MIAX Options Business Continuity and Disaster Recovery Plans Testing - Member Designation Standards

As required by Regulation Systems Compliance and Integrity and MIAX Options Rule 321, certain Members of MIAX Options will have mandatory participation requirements in the annual SIFMA Business Continuity Planning Disaster Recovery (“BC/DR”) test.  MIAX Options will be leveraging the annual industry-wide BC/DR test to fulfill this requirement.

Within fifteen (15) calendar days following the end of the measurement quarter MIAX Options will provide notice to qualifying Members that will have a mandatory BC/DR testing participation requirement. The measurement quarter is defined as January 1st through March 31st each year.

Please refer to MIAX Options Regulatory Circular 2017-60 for more information on designation standards and requirements for Designated Members.

Regulatory inquiries should be directed to Regulatory@MIAXOptions.com or (609) 897-7309.

Please direct any requests for further information regarding MIAX Option’s BC/DR plans testing to TradingOperations@MIAXOptions.com or (609) 897-7302.

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MIAX Options and MIAX PEARL Corporate Action Alert: Direxion Daily S&P Biotech Bull 3X Shares (LABU) and Direxion Daily S&P 500 Bull 3X Shares (SPXL)

Direxion Daily S&P Biotech Bull 3X Shares (LABU) and Direxion Daily S&P 500 Bull 3X Shares (SPXL) have announced Capital Gains Distributions.  Associated strike price adjustments will become effective on Wednesday, December 13, 2017. LABU and SPXL 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 LABU and SPXL will be canceled at the close of business on Tuesday, December 12, 2017.

Additional details about the Direxion Daily S&P Biotech Bull 3X Shares (LABU) and Direxion Daily S&P 500 Bull 3X Shares (SPXL) distributions are provided in the attached OCC Memos.

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

SPXL CapitalGains 42317 LABU CapitalGains 42318

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MIAX Options and MIAX PEARL Corporate Action Alert: PACCAR Inc. (PCAR)

PACCAR Inc. (PCAR) has announced a Special Cash Dividend.  Associated strike price adjustments will become effective on Wednesday, December 13, 2017.  PCAR 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 PCAR will be canceled at the close of business on Tuesday, December 12, 2017.

Additional details about the PACCAR Inc. (PCAR) dividend are provided in the attached OCC Memo.

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

PCAR distribution 42288

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MIAX Options and MIAX PEARL Delisting Alert: PharMerica Corporation (PMC)

PharMerica Corporation (PMC) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Friday, December 8, 2017.

All GTC orders resting on the MIAX order books in PMC will be canceled at the close of business on Thursday, December 7, 2017. 

Details about the PharMerica Corporation (PMC) merger are provided in the attached OCC memo.

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

PMC Merger 42294

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MIAX Options and MIAX PEARL Corporate Action Alert: Companhia Energetica de Minas Gerais-CEMIG (CIG)

Companhia Energetica de Minas Gerais-CEMIG (CIG) has announced a distribution of Rights.  Associated strike price adjustments will become effective on Friday, December 8, 2017.  CIG 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 CIG will be canceled at the close of business on Thursday, December 7, 2017.

Additional details about the Companhia Energetica de Minas Gerais-CEMIG (CIG) distribution are provided in the attached OCC Memo.

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

CIG distribution 42280

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Market for Underlying Security used for Openings on MIAX Options for Symbol EGHT Effective Friday, December 8, 2017

The following underlying symbol will transfer primary listing from the Nasdaq Global Select Market to the New York Stock Exchange effective Friday, December 8, 2017.
  • 8x8, Inc.  (EGHT)
Please refer to MIAX Options Regulatory Circular 2017-59 for more details.

Questions should be directed to Regulatory@MIAXOptions.com or (609) 897-7309.

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MIAX Options and MIAX PEARL Corporate Action Alert: Summit Materials, Inc. (SUM)

Summit Materials, Inc. (SUM) has announced a stock dividend effective for Thursday, December 7, 2017.  On that date, the current SUM option class will change to SUM1. The MIAX Options and MIAX PEARL Exchanges will not list SUM1 options. Therefore, no options on SUM will be available for trading on the MIAX Options and MIAX PEARL Exchanges on Thursday, December 7, 2017. Summit Materials, Inc. (SUM) will resume trading on the MIAX Options and MIAX PEARL Exchanges on Friday, December 8, 2017.

All GTC orders resting on the MIAX order books in SUM will be canceled at the close of business on Wednesday, December 6, 2017.

Additional details about the Summit Materials, Inc. (SUM) dividend are provided in the attached OCC Memo.

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

SUM dividend 42266

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MIAX Options and MIAX PEARL Corporate Action Alert: SEACOR Holdings Inc. (CKH)

SEACOR Holdings Inc. (CKH) has announced a distribution that is effective on Thursday, December 7, 2017. On that date, the current CKH option class will change to CKH2. The MIAX Options and MIAX PEARL Exchanges will not list CKH2 options. Therefore, no options on CKH will be available for trading on the MIAX Options and MIAX PEARL Exchanges on Thursday, December 7, 2017.  SEACOR Holdings Inc. (CKH) will resume trading on the MIAX Options and MIAX PEARL Exchanges on Friday, December 8, 2017.

All GTC orders resting on the MIAX order books in CKH will be canceled at the close of business on Wednesday, December 6, 2017.

Additional details about the SEACOR Holdings Inc. (CKH) distribution are provided in the attached OCC Memo.

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

CKH distribution 42269

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MIAX Options - Minor Update to FIX Order (FOI) and FIX Drop Copy (FXD) Interface Specifications

The MIAX Options Exchange has published updated FIX Order (FOI) and FIX Drop Copy (FXD) Interface specifications to support the following change in both interfaces:

FIX Order Interface (FOI) v2.2b, FIX Drop Copy (FXD) v2.2a:
  • Execution Report (MsgType = 8) – Tag# 9946 (FirmMPID) will also be included in fills or partial fills resulting from New Order Cross – Multileg messages (MsgType = As)
Important Dates:
  • Firm Test Bed 2 (FTB2) will be available on December 5, 2017
  • The production rollout is scheduled for 1st quarter, 2018. Specific dates will be announced in a future alert
Please review the updated interface specification for further details.

All specifications are currently available on our website at MIAX Options Interface Specifications.

Please contact MIAX Trading Operations at TradingOperations@MIAXOptions.com or (609) 897-7302 to discuss any specific issues and to arrange interface testing.

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MIAX Options and MIAX PEARL Corporate Action Alert: Delphi Automotive PLC (DLPH) Distribution, Name, and Symbol Change to Aptiv PLC (APTV)

Delphi Automotive PLC (DLPH) has announced a distribution and will change its name and symbol to Aptiv PLC (APTV) effective for Tuesday, December 5, 2017.  On that date, the current DLPH option class will change to APTV1. The MIAX Options and MIAX PEARL Exchanges will not list APTV1 options. Therefore, no options on DLPH will be available for trading on the MIAX Options and MIAX PEARL Exchanges on Tuesday, December 5, 2017.  Delphi Automotive PLC (DLPH) will resume trading as Aptiv PLC (APTV) on the MIAX Options and MIAX PEARL Exchanges on Wednesday, December 6, 2017.

NOTE: APTV options will trade on Cloud 1 on MIAX Options and on MIAX PEARL.

All GTC orders resting on the MIAX order books in DLPH will be canceled at the close of business on Monday, December 4, 2017.

Additional details about the Delphi Automotive PLC (DLPH) distribution, name, and symbol change are provided in the attached OCC Memo.

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

DLPH Dist Name 42232

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