Listing Alert
MIAX Options
August 18, 2014 | 04:04 PM
MIAX Corporate Action Alert: NEWCASTLE INVESTMENT CORP. (NCT)
NEWCASTLE INVESTMENT CORP. (NCT) has declared a 1-for-3 reverse stock split. The reverse stock split will become effective at the market open on Tuesday, August 19, 2014. On that date, the current NCT options class will change to NCT3. The MIAX Options Exchange will not list NCT3 options. Therefore, no options on NCT will be available for trading on the MIAX Options Exchange on Tuesday, August 19, 2014. The new NCT options series will resume trading on the MIAX Options Exchange on Wednesday, August 20, 2014.
All GTC orders resting on the MIAX order book in NCT will be canceled at the close of business on Monday, August 18, 2014.
Additional details about the NEWCASTLE INVESTMENT CORP. (NCT) 1-for-3 reverse stock split are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions.
Listings@miaxglobal.com
(609) 897-7308