Listing Alert
MIAX Options
June 10, 2016 | 10:59 AM
MIAX Corporate Action Alert: Stone Energy Corporation (SGY)
Stone Energy Corporation (SGY) has announced a 1-for-10 reverse split that will become effective on Monday, June 13, 2016. On that date, the current SGY option class will change to SGY1. The MIAX Options Exchange will not list SGY1 options. Therefore, no options on SGY will be available for trading on the MIAX Options Exchange on Monday, June 13, 2016. Stone Energy Corporation (SGY) will resume trading on the MIAX Options Exchange on Tuesday, June 14, 2016.
All GTC orders resting on the MIAX order book in SGY will be canceled at the close of business on Friday, June 10, 2016.
Additional details about the Stone Energy Corporation (SGY) 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.