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Friday, March 15, 2019

Options Trader Alert #2019 - 8
Nasdaq Announces Changes to the Penny Pilot Program, Effective April 2, 2019

Category:

  • Listing

Markets Impacted:

Contact Information:

Resources:

Effective Tuesday, April 2, 2019, subject to regulatory approval, all Nasdaq options exchanges, per an industry-wide initiative to replace delisted Penny Pilot Program issues, will make the following replacements in the Penny Pilot for one cent increment quoting:

Issues to be ReplacedNew Penny Pilot Issues
Pandora Media Inc. (P)NIO Inc. (NIO)
Origin Agritech Ltd. (SEED)PG&E Corporation (PCG)
iPath S&P 500 VIX Short-Term Futures ETN (VXX)iPath Series B S&P 500 VIX Short-Term Futures ETN (VXXB)

A complete list of Penny Pilot Issues can be found here.


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