Alerts

Aceto Corporation (ACET) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Wednesday, April 3, 2019.

All GTC orders resting on the MIAX order books in ACET will be canceled at the close of business on Tuesday, April 2, 2019.

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

MIAX has amended Rule 510 to allow for replacement classes to be added to the Penny Pilot Program on a quarterly basis and the Exchange will determine replacement classes based on trading activity in the previous six months but will not use the month immediately preceding the addition of a replacement to the Penny Pilot Program.

This change became effective on March 22, 2019, pursuant to notices recently issued by the Securities and Exchange Commission.

Please refer to the following for more information.

• MIAX Options Regulatory Circular 2019-26
• MIAX PEARL Regulatory Circular 2019-13
• MIAX Emerald Regulatory Circular 2019-42

Contact MIAX Trading Operations at TradingOperations@MIAXOptions.com or (609) 897-7302 with any questions about replacement classes to be added to the Penny Pilot Program on a quarterly basis for all three exchanges.
 
Regulatory inquiries should be directed to Regulatory@MIAXOptions.com or (609) 897-7309.

MIAX has amended Rule 404 to allow for the addition of new series of options on an individual stock until the close of trading on the business day prior to expiration in unusual market conditions.

This change became effective on March 21, 2019, pursuant to notices recently issued by the Securities and Exchange Commission.

Please refer to the following for more information.

• MIAX Options Regulatory Circular 2019-25
• MIAX PEARL Regulatory Circular 2019-12
• MIAX Emerald Regulatory Circular 2019-41

Contact MIAX Trading Operations at TradingOperations@MIAXOptions.com or (609) 897-7302 with any questions about additional listings of series in unusual market conditions.
 
Regulatory inquiries should be directed to Regulatory@MIAXOptions.com or (609) 897-7309.

Orchids Paper Products Company (TIS) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Tuesday, April 2, 2019.

All GTC orders resting on the MIAX order books in TIS will be canceled at the close of business on Monday, April 1, 2019.

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

Ironwood Pharmaceuticals, Inc. (IRWD) has announced a distribution effective for Tuesday, April 2, 2019.  On that date, the current IRWD option class will change to IRWD1. The MIAX Options and MIAX PEARL Exchanges will not list IRWD1 options. Therefore, no options on IRWD will be available for trading on the MIAX Options and MIAX PEARL Exchanges on Tuesday, April 2, 2019. Ironwood Pharmaceuticals, Inc. (IRWD) will resume trading on the MIAX Options and MIAX PEARL Exchanges on Wednesday, April 3, 2019.

All GTC orders resting on the MIAX order books in IRWD will be canceled at the close of business on Monday, April 1, 2019.

Additional details about the Ironwood Pharmaceuticals, Inc. (IRWD) distribution are provided in the attached OCC Memo.

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

DSW Inc. (DSW) will change its name and symbol to Designer Brands Inc. (DBI) effective for Tuesday, April 2, 2019.
 
All GTC orders resting on the MIAX order books in DSW will be canceled at the close of business on Monday, April 1, 2019.

NOTE: DBI options will trade on Cloud 4 on MIAX Options and Cloud 3 on MIAX PEARL.

Additional details about the DSW Inc. (DSW) 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.

DowDuPont Inc. (DWDP) has announced a distribution effective for Tuesday, April 2, 2019.  On that date, the current DWDP option class will change to DWDP1. The MIAX Exchanges will not list DWDP1 options. Therefore, no options on DWDP will be available for trading on Tuesday, April 2, 2019. DowDuPont Inc. (DWDP) will resume trading on the MIAX Exchanges on Wednesday, April 3, 2019.

All GTC orders resting on the MIAX order books in DWDP will be canceled at the close of business on Monday, April 1, 2019.

Additional details about the DowDuPont Inc. (DWDP) distribution are provided in the attached OCC Memo.

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

As previously announced in the March 21, 2019 Alert, the following list of option classes will be included in the Penny Pilot Program beginning Tuesday, April 2, 2019:

MIAX Options and MIAX PEARL:

• NIO Inc. (NIO)
• PG&E Corporation (PCG)
• ProShares Ultra Pro QQQ (TQQQ)
• iPath Ser. B S&P 500 VIX Short-Term Fut. ETN (VXXB)

MIAX Emerald:

• PG&E Corporation (PCG)
• ProShares Ultra Pro QQQ (TQQQ)

As part of the Penny Pilot Program, select options will trade in $0.01 increments when priced below $3.00. Options priced at $3.00 and above will trade in $0.05 increments.

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

Banco Bradesco S.A. (BBD) has announced a dividend effective for Monday, April 1, 2019.  On that date, the current BBD option class will change to BBD2. The MIAX Exchanges will not list BBD2 options. Therefore, no options on BBD will be available for trading on Monday, April 1, 2019. Banco Bradesco S.A. (BBD) will resume trading on the MIAX Exchanges on Tuesday, April 2, 2019.

All GTC orders resting on the MIAX order books in BBD will be canceled at the close of business on Friday, March 29, 2019.

Additional details about the Banco Bradesco S.A. (BBD) dividend are provided in the attached OCC Memo.

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

Effective April 1, 2019, pending SEC approval, the MIAX Options Fee Schedule will be amended.  

A summary of the April 1, 2019 transaction fee changes is attached.  For full details, please review the pending April 1, 2019 MIAX Options Fee Schedule posted on the MIAX website at www.miaxoptions.com/fees.

For additional information, please contact MIAX Sales at Sales@MIAXOptions.com or (609) 897-8177.

If you need assistance, please contact MIAX Trading Operations at TradingOperations@MIAXOptions.com or (609) 897-7302.