Listing Alert
MIAX Pearl
September 17, 2018 | 11:03 AM
MIAX Options and MIAX PEARL Corporate Action Alert: ProShares (SVXY) and (UVXY)
ProShares Short VIX Short-Term Futures ETF (SVXY) and ProShares Ultra VIX Short-Term Futures ETF (UVXY) have announced Reverse Splits effective for Tuesday, September 18, 2018. On that date, the current SVXY and UVXY option classes will change to SVXY1 and UVXY2. The MIAX Options and MIAX PEARL Exchanges will not list SVXY1 and UVXY2 options. Therefore, no options on SVXY and UVXY will be available for trading on the MIAX Options and MIAX PEARL Exchanges on Tuesday, September 18, 2018. ProShares Short VIX Short-Term Futures ETF (SVXY) and ProShares Ultra VIX Short-Term Futures ETF (UVXY) will resume trading on the MIAX Options and MIAX PEARL Exchanges on Wednesday, September 19, 2018.
All GTC orders resting on the MIAX order books in SVXY and UVXY will be canceled at the close of business on Monday, September 17, 2018.
Additional details about the SVXY and UVXY reverse splits are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.