• Corporate Event: Direxion Daily Emerging Markets Bear 3X Shares ("EDZ") - Effective Thursday, March 4, 2010

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 10-92
      • Notice Date
      • 03 March 2010
      • Effective Date
      • 04 March 2010
    • Direxion Daily Emerging Markets Bear 3X Shares (“EDZ”) has announced a 1-for-10

      reverse stock split. As a result of the reverse stock split, each EDZ Share will be

      converted into the right to receive .10 (New) Direxion Daily Emerging Markets Bear

      3X Shares. The reverse stock split will become effective prior to the open of business

      on March 4, 2010.

       

       

      This action will be coordinated with the Options Clearing Corporation.

       

       

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