Alerts

Effective Wednesday, August 21, 2019, MIAX Options Exchange will use the less aggressive of the Complex Order’s original limit price or the Complex Order’s protected price at the conclusion of Complex Auctions and upon evaluation after ABBO uncrossings during regular trading to determine allocation priority.

Please refer to the MIAX Options User Manual on the MIAX Options website for definitions and details about protected prices.

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.

Ubiquiti Networks, Inc. (UBNT) will have a name and symbol change to Ubiquiti Inc. (UI) effective for Tuesday, August 20, 2019.

All GTC orders resting on the MIAX order books in UBNT will be canceled at the close of business on Monday, August, 19, 2019.

NOTE: UBNT options will continue to trade on Cloud 18 on the MIAX Options Exchange and on Cloud 9 on the MIAX PEARL Options Exchange and the MIAX Emerald Options Exchange.

Additional details about the Ubiquiti Networks, Inc. (UBNT) 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.
 

The following symbol will transfer primary listing from the NASDAQ Global Select Market (“NASDAQ”) to the New York Stock Exchange (“NYSE”) effective Tuesday, August 20, 2019.  

• Ubiquiti Inc. (“UI”)

Ubiquiti Networks Inc. will change its name to Ubiquiti Inc. and will change symbols from UBNT to UI effective Tuesday, August 20, 2019.

For further information please refer to:

• MIAX Options Regulatory Circular 2019-48
• MIAX PEARL Regulatory Circular 2019-28
• MIAX Emerald Regulatory Circular 2019-75

Regulatory questions may be directed to Regulatory@MIAXOptions.com or (609) 897-7309.

Camtek Ltd. (CAMT) has announced a Special Cash Dividend. Associated strike price adjustments will become effective on Tuesday, August 20, 2019. CAMT 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 CAMT will be canceled at the close of business on Monday, August 19, 2019.

Additional details about the Camtek Ltd. (CAMT) 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 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.