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Listing Alert

MIAX Pearl

March 09, 2026 | 12:07 PM

MIAX Exchange Group - Options Markets - Corporate Action Alert: Select ETF Reverse Splits Effective for March 10, 2026

The following ETFs have announced reverse stock splits effective for Tuesday, March 10, 2026:

  • Tradr 2X Long APP Daily ETF (APPX) changes to (APPX1)
  • Tradr 2X Long IREN Daily ETF (IREX) changes to (IREX1)
  • Tradr 2X Long SMR Daily ETF (SMU) changes to (SMU2)
  • Direxion Daily TSLA Bear 1X ETF (TSLS) changes to (TSLS1)
No options on the underlying APPX, IREX, SMU and TSLS will be available for trading on Tuesday, March 10, 2026.

All GTC orders resting on the MIAX order books in APPX, IREX, SMU and TSLS will be canceled at the close of business on Monday, March 9, 2026.

APPX, IREX, SMU and TSLS will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Wednesday, March 11, 2026.

Additional details about the above ETF reverse splits are provided in the attached OCC Memos.

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