Alerts

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MIAX Options and MIAX PEARL Delisting Alert: Envision Healthcare Corporation (EVHC)

Envision Healthcare Corporation (EVHC) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective Wednesday, June 13, 2018.

All GTC orders resting on the MIAX order books in EVHC will be canceled at the close of business on Tuesday, June 12, 2018

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

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MIAX Options: Introducing Stock-Tied Complex Order Functionality Beginning August 6, 2018

As previously announced in the April 17, 2018 Alert, the MIAX Options Exchange is planning to introduce Stock-Tied complex order functionality beginning August 6, 2018, pending SEC Approval.  Support for Stock-Tied is currently available in the MIAX Firm Test Bed (FTB2) environment.

In support of this new order type, MIAX Options has published updated Specifications.    

Mandatory Changes:

Firms that subscribe to the following interfaces/feeds are advised to assess their current interface implementations and make appropriate updates as needed:

1.  Clearing Trade Drop (CTD) Specification v2.2:
  • Updates to Trade message for Stock-Tied functionality
    • New stock leg specific fields using existing reserved bytes
    • New values for existing option specific fields (e.g. Product ID, Strike Price, Call or Put etc.) to indicate they are “Not Applicable” in a stock leg trade message
2.  Administrative Information Subscriber (AIS) Feed Specification v2.3:
  • Updates to Complex Strategy Definition Update message
    • Product ID = 0 for the stock leg in a stock-tied strategy definition message
3.  Complex Top of Market (cToM) Feed Specification v1.3:
  • Updates to Complex Strategy Definition Update message
    • Product ID = 0 for the stock leg in a stock-tied strategy definition message
4.  MIAX Order (MOR) Feed Specification v2.3:
  • Updates to Complex Strategy Definition Update message
    • Product ID = 0 for the stock leg in a stock-tied strategy definition message
5.  Top of Market (ToM) Feed Specification v2.2:
  • New Trade Condition “P” for a transaction that represents the option portion of an order with a single option leg (buy or sell of a call or put) and stock leg

Optional Changes:

Firms that choose to exercise the Stock-Tied functionality will need to make the following updates and certify their changes in MIAX Firm Test Bed.

1.  FIX Order Interface (FOI) Specification v2.3a:
  • Updates to New Order – Multileg (MsgType = AB), New Order Cross – Multileg (MsgType = As), Order Cancel/Replace – Multileg (MsgType = AC) and Execution Report – Single or Multileg (MsgType = 8) messages to support Stock-Tied order functionality
2.  FIX Drop Copy (FXD) Specification v2.3:
  • Updates to Execution Report (MsgType = 8) and Trade Cancel/Correct (MsgType = UCC) messages to support Stock-Tied order functionality
3.  MIAX Express Interface (MEI) Specification v2.6:
  • Updates to Complex eQuote message and eQuote response for Stock-Tied functionality
  • A new message for stock leg Execution Notification
  • Updates to Complex Strategy Definition Notification message to support stock tied strategy definitions

Minor clarifications in Session Management Protocol specification
 
MIAX MACH Protocol Specification 1.2b:
  • Added clarifications around Session Number in Start of Session packet and Heartbeats
  • Added clarification that Heartbeats are sent alone and not bundled with application messages

Please review the updated interface specification for further details.  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 and to arrange interface testing.

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MIAX Options and MIAX PEARL Delisting Alert: Gener8 Maritime, Inc. (GNRT)

Gener8 Maritime, Inc. (GNRT) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective Today, June 12, 2018.

All GTC orders resting on the MIAX order books in GNRT have been canceled.

Details about the Gener8 Maritime, Inc. (GNRT) merger are provided in the attached OCC memo.

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

GNRT Merger 43210

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MIAX Options and MIAX PEARL Corporate Action Alert: Petrochina Company Limited (PTR)

Petrochina Company Limited (PTR) has announced a dividend effective for Tuesday, June 12, 2018.  On that date, the current PTR option class will change to PTR1. The MIAX Options and MIAX PEARL Exchanges will not list PTR1 options. Therefore, no options on PTR will be available for trading on the MIAX Options and MIAX PEARL Exchanges on Tuesday, June 12, 2018. Petrochina Company Limited (PTR) will resume trading on the MIAX Options and MIAX PEARL Exchanges on Wednesday, June 13, 2018.

All GTC orders resting on the MIAX order books in PTR will be canceled at the close of business on Monday, June 11, 2018.

Additional details about the Petrochina Company Limited (PTR) dividend are provided in the attached OCC Memo.

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

PTR Distribution 43205

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MIAX Options and MIAX PEARL Delisting Alert: Concordia Healthcare Corp. (CXRX)

Concordia Healthcare Corp. (CXRX) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Friday, June 8, 2018.

All GTC orders resting on the MIAX order books in CXRX will be canceled at the close of business on Thursday, June 7, 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: Orbital ATK, Inc. (OA)

Orbital ATK, Inc. (OA) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Thursday, June 7, 2018.

All GTC orders resting on the MIAX order books in OA will be canceled at the close of business on Wednesday, June 6, 2018.

Details about the Orbital ATK, Inc. (OA) merger are provided in the attached OCC memo.

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

OA Merger 43192

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MIAX Options and MIAX PEARL Corporate Action Alert: Altice USA, Inc. (ATUS)

Altice USA, Inc. (ATUS) has announced a cash dividend which is contingent on the separation of Altice USA from parent company Altice NV (Euronext: ATC).  Associated strike price adjustments will become effective on Thursday, June 7, 2018. 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 ATUS will be canceled at the close of business on Wednesday, June 6, 2018.

Additional details about the Altice USA, Inc. (ATUS) Contingent Cash Dividend are provided in the attached OCC Memo.

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

ATUS Distribution 43130

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MIAX Options and MIAX PEARL Delisting Alert: General Cable Corporation (BGC)

General Cable Corporation (BGC) will be de-listed from the MIAX Options and MIAX PEARL Exchanges effective on Thursday, June 7, 2018.

All GTC orders resting on the MIAX order books in BGC will be canceled at the close of business on Wednesday, June 6, 2018.

Details about the General Cable Corporation (BGC) merger are provided in the attached OCC memo.

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

BGC Merger 43187

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MIAX Options & MIAX PEARL - MIAX Experienced a SFTI Network Issue Resulting in CTA, UTP & OPRA Data Gaps - Issue Resolved

Please be advised that MIAX experienced a momentary SFTI network outage resulting in CTA, UTP & OPRA data gaps between 09:43:29 and 09:46:13 PM.

All MIAX Trading Systems are up and operating normally.

Please direct any regulatory questions to Regulatory@MIAXOptions.com or (609) 897-7309.

Please contact Trading Operations, TradingOperations@MIAXOptions.com or (609) 897-7302 if you have any questions.

 

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MIAX Options and MIAX PEARL Corporate Action Alert: Westar Energy, Inc. (WR) will change its name and trading symbol to Evergy, Inc. (EVRG)

Westar Energy, Inc. (WR) will change its name and trading symbol to Evergy, Inc. (EVRG), effective for Tuesday, June 5, 2018.
 
All GTC orders resting on the MIAX order books in WR will be canceled at the close of business on Monday, June 4, 2018.

NOTE: EVRG options will trade on Cloud 5 on MIAX Options and on Cloud 3 on MIAX PEARL.

Additional details about the Westar Energy, Inc. (WR) 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.

WR Symbol Name 43165

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