Listing Alert
MIAX Options
October 17, 2014 | 03:53 PM
MIAX Corporate Action Alert: NEW RESIDENTIAL INVESTMENT CORP. (NRZ)
New Residential Investment Corp. (NRZ) has announced a 1-for-2 reverse stock split. The reverse stock split will become effective at the market open on Monday, October 20, 2014. On that date, the current NRZ options class will change to NRZ1. The MIAX Options Exchange will not list NRZ1 options. Therefore, no options on NRZ will be available for trading on the MIAX Options Exchange on Monday, October 20, 2014. The new NRZ options series will resume trading on the MIAX Options Exchange on Tuesday, October 21, 2014.
All GTC orders resting on the MIAX order book in NRZ will be canceled at the close of business on Friday, October 17, 2014.
Additional details about the New Residential Investment Corp. (NRZ) 1-for-2 reverse stock split are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.