Alerts

The MIAX Options Exchange will activate enhanced MIAX Order Monitor (MOM) effective Monday, August 19, 2019.

Currently, the MIAX Options Exchange rejects Simple Market limit orders priced through the opposite side of the NBBO by an amount greater than either 50% or $2.50, whichever is less.  When the Simple Market NBB is less than or equal to $0.25 the MIAX Exchange accepts any incoming sell limit order.

Beginning Monday, August 19th, for options with a Simple Market National Best Offer (“NBO”) less than or equal to $0.50, the MIAX Options Exchange will reject an incoming buy limit order that has a limit price that is equal to or greater than the NBO price by $0.25. 
 
The current behavior will not change for incoming limit orders to buy options with an NBO greater than $0.50, or for incoming limit orders to sell options with an NBB of any price.
 
The MIAX PEARL Options and MIAX Emerald Options Exchanges currently support this functionality.

Important Notes:

• This enhancement is currently available in MIAX Firm Test Bed# 2 (FTB2) environment
• This will be the default behavior and therefore, firms are not required to take any action or certify
• All specifications are currently available at MIAX Options Interface Specifications

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

Pioneer Energy Services Corp. (PES) will be de-listed from the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange effective on Thursday, August 15, 2019.

All GTC orders resting on the MIAX Options order books in PES will be canceled at the close of business on Wednesday, August 14, 2019.

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

TransDigm Group Incorporated (TDG) has announced a Special Cash Dividend. Associated strike price adjustments will become effective on Thursday, August 15, 2019. TDG options will continue to trade without interruption on the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange.

All GTC orders resting on the MIAX order books in TDG will be canceled at the close of business on Wednesday, August 14, 2019.

Additional details about the TransDigm Group Incorporated (TDG) dividend are provided in the attached OCC Memo.

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

Royal Bank of Scotland Group plc (RBS) has announced a Special Cash Dividend effective for Thursday, August 15, 2019.  On that date, the current RBS option class will change to RBS2. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list RBS2 options. Therefore, no options on RBS will be available for trading on Thursday, August 15, 2019. 

Royal Bank of Scotland Group plc (RBS) will resume trading on the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Friday, August 16, 2019.

All GTC orders resting on the MIAX order books in RBS will be canceled at the close of business on Wednesday, August 14, 2019.

Additional details about the Royal Bank of Scotland Group plc (RBS) dividend are provided in the attached OCC Memo.

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

The United States Steel Corporation (X) option series listed below for the 1/15/2021 expiration will be made non-tradeable on the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange effective for today, Tuesday, August 13, 2019:

• 12.00

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

BioTime, Inc. (BTX) will have a name and symbol change to Lineage Cell Therapeutics, Inc. (LCTX) effective for Monday, August 12, 2019.

All GTC orders resting on the MIAX order books in BTX will be canceled at the close of business on Friday, August, 9, 2019.

NOTE: LCTX options will trade on Cloud 11 on the MIAX Options Exchange and on Cloud 5 on the MIAX PEARL Options Exchange and the MIAX Emerald Options Exchange.

Additional details about the BioTime, Inc. (BTX) 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.
 

Aquinox Pharmaceuticals, Inc. (AQXP) will have a name and symbol change to Neoleukin Therapeutics, Inc. (NLTX) effective for Monday, August 12, 2019.

All GTC orders resting on the MIAX order books in AQXP will be canceled at the close of business on Friday, August, 9, 2019.

NOTE: NLTX options will trade on Cloud 13 on the MIAX Options Exchange and on Cloud 6 on the MIAX PEARL Options Exchange and the MIAX Emerald Options Exchange.

Additional details about the Aquinox Pharmaceuticals, Inc. (AQXP) 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.
 

Vitamin Shoppe Inc. (VSI) will be de-listed from the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange effective on Monday, August 12, 2019.

All GTC orders resting on the MIAX Options order books in VSI will be canceled at the close of business on Friday, August 9, 2019.

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

Aerohive Networks, Inc. (HIVE) will be de-listed from the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange effective on Monday, August 12, 2019.

All GTC orders resting on the MIAX Options order books in HIVE will be canceled at the close of business on Friday, August 9, 2019.

Details about the Aerohive Networks, Inc. (HIVE) merger are provided in the attached OCC memo.

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

As a follow up to our earlier Trading Alert, Alphabet Inc. Class A (GOOGL) has been made non-tradeable on the MIAX Options Exchange effective for today, Friday, August 9, 2019.

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