Listing Alert
MIAX Options
April 29, 2016 | 11:25 AM
MIAX Corporate Action Alert: Starwood Hotels & Resorts Worldwide, Inc. (HOT)
Starwood Hotels & Resorts Worldwide, Inc. (HOT) has announced a distribution that will become effective on Monday, May 2, 2016. On that date, the current HOT option class will change to HOT1. The MIAX Options Exchange will not list HOT1 options. Therefore, no options on HOT will be available for trading on the MIAX Options Exchange on Monday, May 2, 2016. Starwood Hotels & Resorts Worldwide, Inc. (HOT) will resume trading on the MIAX Options Exchange on Tuesday, May 3, 2016.
All GTC orders resting on the MIAX order book in HOT will be canceled at the close of business on Friday, April 29, 2016.
Additional details about the Starwood Hotels & Resorts Worldwide, Inc. (HOT) distribution are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.