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Thursday, June 30, 2016

Options Trader Alert #2016 - 15
NASDAQ Announces Changes to the Penny Pilot Program, Effective July 6, 2016

Category:

  • Pricing

Markets Impacted:

Contact Information:

Resources:

Effective Wednesday, July 6, 2016, Nasdaq PHLX, Nasdaq Options Market and Nasdaq BX Options, 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
Alpha Natural Resources Inc. (ANR/ANRZQ)Energy Transfer Equity LP (ETE)
Broadcom Corporation (BRCM)SPDR S&P Biotech ETF (XBI)
The Chubb Corporation (CB)JD.com Inc. (JD)
Keurig Green Mountain, Inc. (GMCR)Office Depot Inc. (ODP)
LDK Solar Co. Ltd. (LDK/LDKYQ)Fitbit Inc. (FIT)
Plum Creek Timber Co. Inc. (PCL)AbbVie Inc. (ABBV)
SanDisk Corporation (SNDK)PayPal Holdings Inc. (PYPL)

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


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