Listing Alert
MIAX Options
May 03, 2019 | 11:15 AM
MIAX Options, PEARL and Emerald Corporate Action Alert: SPDR Bloomberg Barclays High Yield Bond ETF (JNK)
SPDR Bloomberg Barclays High Yield Bond ETF (JNK) has announced a reverse stock split effective for Monday, May 6, 2019. On that date, the current JNK option class will change to JNK1. The MIAX Exchanges will not list JNK1 options. Therefore, no options on JNK will be available for trading on Monday, May 6, 2019. SPDR Bloomberg Barclays High Yield Bond ETF (JNK) will resume trading on the MIAX Exchanges on Tuesday, May 7, 2019.
All GTC orders resting on the MIAX order books in JNK will be canceled at the close of business on Friday, May 3, 2019.
Additional details about the SPDR Bloomberg Barclays High Yield Bond ETF (JNK) split are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.