Alerts

Boise Cascade Company (BCC) has announced a Special Cash Dividend. Associated strike price adjustments will become effective on Friday, November 29, 2019. BCC 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 BCC will be canceled at the close of business on Wednesday, November 27, 2019.

Additional details about the Boise Cascade Company (BCC) dividend are provided in the attached OCC Memo.

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

FINRA is proposing to amend the Code of Arbitration Procedure for Customer Disputes to expand a customer’s options to withdraw an arbitration claim if a member or an associated person becomes inactive before a claim is filed or during a pending arbitration. In addition, the proposed amendments would allow customers to amend pleadings, postpone hearings, request default proceedings and receive a refund of filing fees in these situations.

MIAX Exchanges are required by rule to inform Members of rule changes to FINRA’s arbitration rules published by the Securities and Exchange Commission.

For further details please refer to:

• MIAX Options Regulatory Circular 2019-62
• MIAX PEARL Regulatory Circular 2019-36
• MIAX Emerald Regulatory Circular 2019-87

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

DISH Network Corporation (DISH) has announced a Rights distribution effective for Monday, November 25, 2019.  On that date, the current DISH option class will change to DISH1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list DISH1 options. Therefore, no options on DISH will be available for trading on Monday, November 25, 2019. 

DISH Network Corporation (DISH) will resume trading on the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Tuesday, November 26, 2019.

All GTC orders resting on the MIAX order books in DISH will be canceled at the close of business on Friday, November 22, 2019.

Additional details about the DISH Network Corporation (DISH) distribution are provided in the attached OCC Memo.

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

Effective for trading on Monday, November 25, 2019, Susquehanna Securities will assume the duties of Primary Lead Market Maker (PLMM) on the MIAX Options Exchange in the option class listed below:

•  TD Ameritrade Holding Corporation (AMTD)

Teekay Tankers Ltd. (TNK) has announced a 1-for-8 reverse stock split effective for Monday, November 25, 2019.  On that date, the current TNK option class will change to TNK1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list TNK1 options. Therefore, no options on TNK will be available for trading on Monday, November 25, 2019. 

Teekay Tankers Ltd. (TNK) will resume trading on the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Tuesday, November 26, 2019.

All GTC orders resting on the MIAX order books in TNK will be canceled at the close of business on Friday, November 22, 2019.

Additional details about the Teekay Tankers Ltd. (TNK) reverse split are provided in the attached OCC Memo.

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

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH)) has announced a 1-for-10 reverse stock split effective for Friday, November 22, 2019.  On that date, the current GUSH option class will change to GUSH1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list GUSH1 options. Therefore, no options on GUSH will be available for trading on Friday, November 22, 2019. 

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH) will resume trading on the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Monday, November 25, 2019.

All GTC orders resting on the MIAX order books in GUSH will be canceled at the close of business on Thursday, November 21, 2019.

Additional details about the Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH) reverse split are provided in the attached OCC Memo.

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

Celgene Corporation (CELG) will be de-listed from the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange effective on Thursday, November 21, 2019.

All GTC orders resting on the MIAX Options order books in CELG will be canceled at the close of business on Wednesday, November 20, 2019.

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

The MIAX Exchange Group has published updated Interface Specifications to support the reporting of the Market Maker Firm Timestamp to CAT via the Exchange. Other unassociated miscellaneous updates are included as well.

• MIAX Options: MIAX Express Interface (MEI):
  • Support for Firm Timestamp in Quote, eQuote, Complex eQuote and Mass cancel messages
  • Remove SAO eQuotes
• MIAX Emerald: MIAX Express Interface (MEI):
  • Support for Firm Timestamp in Quote, eQuote, Complex eQuote and Mass cancel messages
  • Remove SAO eQuotes
• MIAX Pearl: MIAX Express Orders (MEO):
  • Support for Firm Timestamp in A-R Order, Standard Order and Mass cancel messages
  • Added the field "Additional Text" in A-R Order and Standard Order

Important Dates:

• The above interface updates will be available in the MIAX Firm Test Bed (FTB2) environment in December, 2019
• The production activation of the above set of changes is currently scheduled for January/February, 2020. Exact dates for each exchange implementation will be announced in a future update(s).

Please review the updated interface specifications for further details:

• MIAX Options Exchange Interface Specifications
• MIAX PEARL Options Exchange Specifications
• MIAX Emerald Options Exchange Specification

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

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

The MIAX Options Exchange will update the symbol used to disseminate the SPIKES Synthetic Futures, changing it from SPK to SKS beginning Monday, November 25, 2019.  This will affect consumers of the MIAX Product Feed (MPF) only. 

SPIKE Futures are now trading using symbol SPK (i.e. SPKZ9) on the Minneapolis Grain Exchange (MGEX) via the CME’s Globex® Technology.

All specifications are currently available at MIAX Options Interface Specifications.

For further information, please visit www.MIAXOptions.com or contact MIAX Trading Operations at TradingOperations@MIAXOptions.com or (609) 897-7302.