Listing Alert
MIAX Emerald
September 30, 2021 | 11:35 AM
MIAX Exchange Group - Options Markets - Corporate Action Alert: International Paper Company (IP)
International Paper Company (IP) has announced a distribution effective for Friday, October 1, 2021. On that date, the current IP option class will change to IP1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list IP1 options. Therefore, no options on IP will be available for trading on Friday, October 1, 2021.
International Paper Company (IP) will resume trading on the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Monday, October 4, 2021.
All GTC orders resting on the MIAX order books in IP will be canceled at the close of business on Thursday, September 30, 2021.
Additional details about the International Paper Company (IP) distribution are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.