U.S. Options

Frontline Ltd. (FRO) has announced a 1-for-5 reverse split that will become effective on Wednesday, February 3, 2016.  On that date, the current FRO option class will change to FRO1. The MIAX Options Exchange will not list FRO1 options. Therefore, no options on FRO will be available for trading on the MIAX Options Exchange on Wednesday, February 3, 2016.  Frontline Ltd. (FRO) will resume trading on the MIAX Options Exchange on Thursday, February 4, 2016.

All GTC orders resting on the MIAX order book in FRO will be canceled at the close of business on Tuesday, February 2, 2016.

Additional details about the Frontline Ltd. (FRO) 1-for-5 reverse split, are provided in the attached OCC Memo.

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