Listing Alert
MIAX Pearl
May 24, 2021 | 10:17 AM
MIAX Exchange Group - Options Markets - Corporate Action Alert: IAC/InterActiveCorp (IAC)
IAC/InterActiveCorp (IAC) has announced a distribution effective for Tuesday, May 25, 2021. On that date, the current IAC option class will change to IAC2. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list IAC2 options. Therefore, no options on IAC will be available for trading on Tuesday, May 25, 2021.
IAC/InterActiveCorp (IAC) will resume trading on the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Wednesday, May 26, 2021.
All GTC orders resting on the MIAX order books in IAC will be canceled at the close of business on Monday, May 24, 2021.
Additional details about the IAC/InterActiveCorp (IAC) distribution are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.