Listing Alert
MIAX Options
February 07, 2014 | 04:05 PM
MIAX Corporate Action Alert: SOTHEBY’S (BID)
SOTHEBY’S (BID) has announced a cash distribution. The distribution will become effective prior to the opening of business on Monday, February 10, 2014. On that date, the current BID options class will change to BID1. The MIAX Options Exchange will not list BID1 options. Therefore, no options on BID will be available for trading on the MIAX Options Exchange on Monday, February 10, 2014 The new BID options series will resume trading on the MIAX Options Exchange on Tuesday, February 11, 2014.
All GTC orders resting on the MIAX order book in BID will be canceled at the close of business on Friday, February 7, 2014.
Additional details about the SOTHEBY’S distribution are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions.
Listings@miaxglobal.com
(609) 897-7308