• Corporate Event - ProShares UltraShort FTSE/Xinhua China 25 (FXP) - Effective Thursday, April 15, 2010

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 10-162
      • Notice Date
      • 14 April 2010
      • Effective Date
      • 15 April 2010
    • The Options Clearing Corporation (“OCC”) has been advised that ProShares UltraShort

      FTSE/Xinhua China 25 (FXP) has announced a 1-for-5 reverse stock split. As a result

      of the reverse stock split, each FXP Share will be converted into the right to receive .20 (New)

      ProShares UltraShort FTSE/Xinhua China 25 Shares. The reverse stock split will become

      effective prior to the open of business on April 15, 2010.

       

      For the full text of this advisory, please click here.