Listing Alert
MIAX Options
August 08, 2016 | 01:08 PM
MIAX Corporate Action Alert: iPath S&P 500 VIX Mid-Term Futures ETN (VXZ)
iPath S&P 500 VIX Mid-Term Futures ETN (VXZ) has announced a reverse stock split that will become effective on Tuesday, August 9, 2016. On that date, the current VXZ option class will change to VXZ1. The MIAX Options Exchange will not list VXZ1 options. Therefore, no options on VXZ will be available for trading on the MIAX Options Exchange on Tuesday, August 9, 2016. iPath S&P 500 VIX Mid-Term Futures ETN (VXZ) will resume trading on the MIAX Options Exchange on Wednesday, August 10, 2016.
All GTC orders resting on the MIAX order book in VXZ will be canceled at the close of business on Monday, August 8, 2016.
Additional details about the iPath S&P 500 VIX Mid-Term Futures ETN (VXZ) split are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.