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Listing Alert

MIAX Options

January 11, 2017 | 02:02 PM

MIAX Corporate Action Alert: ProShares Ultra VIX Short-Term Futures ETF (UVXY)

ProShares Ultra VIX Short-Term Futures ETF (UVXY) has announced a 1-for-5 reverse stock split.  The reverse stock split will become effective on Thursday, January 12, 2017. On that date, the current UVXY options class will change to UVXY3.  The MIAX Options Exchange will not list UVXY3 options.  Therefore, no options on UVXY will be available for trading on the MIAX Options Exchange on Thursday, January 12, 2017.  The new UVXY option series will resume trading on the MIAX Options Exchange on Friday, January 13, 2017.

All GTC orders resting on the MIAX order book in UVXY will be canceled at the close of business on Wednesday, January 11, 2017.

Additional details about the ProShares Ultra VIX Short-Term Futures ETF (UVXY) reverse stock split are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.