Listing Alert
MIAX Pearl
November 01, 2024 | 09:44 AM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Option Classes DUST, TECS, YANG and NVD
Direxion Daily Gold Miners Index Bear 2X Shares (DUST), Direxion Daily Technology Bear 3X Shares (TECS), Direxion Daily FTSE China Bear 3X Shares (YANG), and GraniteShares ETF Trust GraniteShares 2X Short NVDA Daily ETF (NVD) have announced reverse splits effective for Monday, November 3, 2024. On that date, the DUST option class will change to DUST1, TECS option class will change to TECS1, YANG option class will change to YANG1 and NVD option class will change to NVD1,
The MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange will not list DUST1, TECS1, YANG1, and NVD1 options. Therefore, no options on DUST, TECS, YANG, and NVD will be available for trading on Monday, November 4, 2024.
Option classes DUST, TECS, YANG, and NVD will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Tuesday, November 5, 2024.
All GTC orders resting on the MIAX order books in DUST, TECS, YANG, and NVD will be canceled at the close of business on Friday, November 1, 2024. Additional details about the DUST, TECS, YANG, and NVD reverse splits are provided in the attached OCC Memos.
Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.