Listing Alert
MIAX Options
January 14, 2016 | 05:52 PM
MIAX Corporate Action Alert: ACE Limited (ACE) Name and Symbol Change to Chubb Limited (CB)
ACE Limited (ACE) will change its name to Chubb Limited, its trading symbol to (CB), and its CUSIP to H1467J104 due to a merger with The Chubb Corporation (CB), effective on Friday, January 15, 2016. On that date, the current CB option class will change to CB1. The MIAX Options Exchange will not list CB1 options. Therefore, no options on CB will be available for trading on the MIAX Options Exchange on Friday, January 15, 2016.
Options on ACE Limited (ACE) will not be available for trading on the MIAX Options Exchange on Friday, January 15, 2016. ACE Limited (ACE) will resume trading on the MIAX Options Exchange under its new name and symbol CB effective on Tuesday, January 19, 2016.
Strike prices and all other option terms will not change.
NOTE: The new CB options will trade on Cloud 3 on the MIAX.
All GTC orders resting on the MIAX order book in ACE and CB will be canceled at the close of business on Thursday, January 14, 2016.
Additional details about the ACE Limited (ACE) name, symbol, CUSIP change, and merger are provided in the attached OCC Memos.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.