Summary by Moomoo AI
The Options Clearing Corporation (OCC) has announced that it will consolidate certain flex series of the Invesco QQQ Trust, transitioning from the old symbol 1QQQ to the new symbol QQQ. This change is set to take effect at the opening of business on October 10, 2024. The specific series mentioned in the announcement is the C 10/25/2024 508. The OCC has issued a disclaimer stating that the information provided in the memo is an unofficial summary and should not be solely relied upon for investment decisions. Adjustments to options and futures are made on a case-by-case basis, in accordance with the OCC's By-Laws. Clearing members have been instructed to disseminate this information throughout their networks. For further inquiries, the OCC has provided contact details for its Investor Education team and Member Services.
