Listing Alert
MIAX Options
March 23, 2016 | 12:25 PM
MIAX Corporate Action Alert: Direxion Daily India Bull 3X Shares (INDL)
Direxion Daily India Bull 3X Shares (INDL) has announced a 1-for-4 reverse split that will become effective on Thursday, March 24, 2016. On that date, the current INDL option class will change to INDL1. The MIAX Options Exchange will not list INDL1 options. Therefore, no options on INDL will be available for trading on the MIAX Options Exchange on Thursday, March 24, 2016. Direxion Daily India Bull 3X Shares (INDL) will resume trading on the MIAX Options Exchange on Monday, March 28, 2016.
All GTC orders resting on the MIAX order book in INDL will be canceled at the close of business on Wednesday, March 23, 2016.
Additional details about the Direxion Daily India Bull 3X Shares (INDL) 1-for-4 reverse split, are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.