Listing Alert

MIAX Emerald

April 22, 2020 | 11:16 AM

MIAX Emerald Exchange and MIAX PEARL Options Exchange - Options Markets - Corporate Action Alert: Select Direxion ETFs

Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) and Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) have announced reverse stock splits effective for Thursday, April 23, 2020. On that date, the current JDST and JNUG option classes will change to JDST1 and JNUG2. The MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list JDST1 and JNUG2 options. Therefore, no options on JDST and JNUG will be available for trading on Thursday, April 23, 2020. 

Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) and Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) will resume trading on the MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Friday, April 24, 2020.

All GTC orders resting on the MIAX PEARL and MIAX Emerald order books in JDST and JNUG will be canceled at the close of business on Wednesday, April 22, 2020.

Additional details about the Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) and Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) 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.