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Listing Alert

MIAX Options

October 05, 2016 | 05:00 PM

MIAX Corporate Action Alert: Alcoa Inc. (AA)

Alcoa Inc. (AA) has announced a reverse split that will become effective on Thursday, October 6, 2016.  On that date, the current AA option class will change to AA1. The MIAX Options Exchange will not list AA1 options. Therefore, no options on AA will be available for trading on the MIAX Options Exchange on Thursday, October 6, 2016. Alcoa Inc. (AA) will return for trading on the MIAX Options Exchange on Friday, October 7, 2016.

All GTC orders resting on the MIAX order book in AA will be canceled at the close of business on Wednesday, October 5, 2016.

Additional details about the Alcoa Inc. (AA) distribution and 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.