U.S. Options

Arconic Inc. (ARNC) has announced a distribution and a name and symbol change effective for Wednesday, April 1, 2020.  On this date, the current ARNC option class will change to HWM1 and its name and symbol will change to Howmet Aerospace Inc. (HWM) . The MIAX Options Exchange, MIAX PEARL Options Exchange, and MIAX Emerald Options Exchange will not list HWM1 options. Therefore, no options on ARNC or HWM will be available for trading on Wednesday, April 1, 2020. 

Howmet Aerospace Inc. (HWM) will resume trading on the MIAX Options Exchange, MIAX PEARL Options Exchange, and MIAX Emerald Options Exchange on Thursday, April 2, 2020.

All GTC orders resting on the MIAX order books in ARNC will be canceled at the close of business on Tuesday, March 31, 2020.

NOTE: HWM options will trade on Cloud 8 on the MIAX Options Exchange and on Cloud 4 on the MIAX PEARL Options Exchange and the MIAX Emerald Options Exchange.

Additional details about the Arconic Inc. (ARNC) distribution, name and symbol change are provided in the attached OCC Memo.

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