Listing Alert
MIAX Pearl
September 04, 2025 | 01:38 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Quadratic Deflation ETF (BNDD)
Quadratic Deflation ETF (BNDD) has announced a reverse stock split effective for Friday, September 5, 2025. On this date, the current BNDD option class will change to BNDD1. The MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange will not list BNDD1 options. Therefore, no options on BNDD will be available for trading on Friday, September 5, 2025.
Quadratic Deflation ETF (BNDD) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Monday, September 8, 2025.
All GTC orders resting on the MIAX order books in BNDD will be canceled at the close of business on Thursday, September 4, 2025.
Additional details about the Quadratic Deflation ETF (BNDD) reverse stock split are provided in the attached OCC Memo.
Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.