Listing Alert
MIAX Emerald
December 01, 2023 | 11:01 AM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Direxion Daily S&P Biotech Bull 3X Shares (LABU) and Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF)
Direxion Daily S&P Biotech Bull 3X Shares (LABU) and Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF) have announced splits effective for Monday, December 4, 2023. On that date, the current LABU and TMF option classes will change to LABU1 and TMF1. The MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange will not list LABU1 and TMF1 options. Therefore, no options on LABU or TMF will be available for trading on Friday, December 1, 2023.
Direxion Daily S&P Biotech Bull 3X Shares (LABU) and Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange on Tuesday, December 5, 2023.
All GTC orders resting on the MIAX order books in LABU and TMF will be canceled at the close of business on Thursday, November 30, 2023.
Additional details about the Direxion Daily S&P Biotech Bull 3X Shares (LABU) and Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF) distributions are provided in the attached OCC Memos.
Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.