Listing Alert

MIAX Pearl

October 13, 2020 | 10:08 AM

MIAX Exchange Group - Options Markets - Corporate Action Alert: China Petroleum & Chemical Corporation (SNP)

China Petroleum & Chemical Corporation (SNP) has announced a Special Cash Dividend effective for Wednesday, October 14, 2020. On that date, the current SNP option class will change to SNP1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list SNP1 options. Therefore, no options on SNP will be available for trading on Wednesday, October 14, 2020. 

China Petroleum & Chemical Corporation (SNP) will resume trading on the the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Thursday, October 15, 2020.

All GTC orders resting on the MIAX order books in SNP will be canceled at the close of business on Tuesday, October 13, 2020.

Additional details about the China Petroleum & Chemical Corporation (SNP) dividend are provided in the attached OCC Memo.

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