Listing Alert

MIAX Pearl

May 23, 2018 | 02:15 PM

MIAX Options and MIAX PEARL Corporate Action Alert: ProShares Reverse Splits

The following ProShares ETF's have announced reverse stock splits effective for Thursday, May 24, 2018.  On that date, the current option classes will change to to the following:

  • ProShares UltraShort MSCI Brazil Capped (BZQ) changes to (BZQ1)
  • ProShares Short Dow 30 (DOG) changes to (DOG1)
  • ProShares UltraShort Dow 30 (DXD) changes to (DXD1)
  • ProShares UltraShort MSCI Emerging Markets (EEV) changes to (EEV1)
  • ProShares UltraShort FTSE China 50 (FXP) changes to (FXP1)
  • ProShares UltraShort QQQ (QID) changes to (QID1)
  • ProShares UltraPro Short S&P500 (SPXU) changes to (SPXU1)
  • ProShares UltraPro Short Nasdaq Biotechnology (ZBIO) changes to (ZBIO1)
The MIAX Options and MIAX PEARL Exchanges will not list the above adjusted options. Therefore, no options on BZQ, DOG, DXD, EEV, FXP, QID, SPXU, and ZBIO will be available for trading on the MIAX Options and MIAX PEARL Exchanges on Thursday, May 24, 2018. BZQ, DOG, DXD, EEV, FXP, QID, SPXU and ZBIO will resume trading on the MIAX Options and MIAX PEARL Exchanges on Friday, May 25, 2018.

All GTC orders resting on the MIAX order books in BZQ, DOG, DXD, EEV, FXP, QID, SPXU and ZBIO will be canceled at the close of business on Wednesday, May 23, 2018.

Additional details about the above reverse splits are provided in the attached OCC Memos.

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