Listing Alert
MIAX Pearl
January 24, 2023 | 11:20 AM
MIAX Exchange Group - Options Markets - Corporate Action Alert: 2x Long VIX Futures ETF (UVIX)
2x Long VIX Futures ETF (UVIX) has announced a 1-for-5 reverse stock split effective for Wednesday, January 25, 2023. On that date, the current UVIX option class will change to UVIX1. The MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange will not list UVIX1 options. Therefore, no options on UVIX will be available for trading on Wednesday, January 25, 2023.
2x Long VIX Futures ETF (UVIX) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange on Thursday, January 26, 2023.
All GTC orders resting on the MIAX order books in UVIX will be canceled at the close of business on Tuesday, January 24, 2023.
Additional details about the 2x Long VIX Futures ETF (UVIX) 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.