Is Facebook 3X ETP halted?

Price isn’t moving at all, and buy and sell spread stuck at p501 - p682

GraniteShares or Leverage Shares ?

It is Leverage Shares

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I cannot help you then :confused:
@Oktay ??

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Thanks for the tag @MarcRAFFARD. Let me check for you @genleeshin

Thanks @Oktay and @MarcRAFFARD, it still hasn’t moved one bit

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I got confirmation that it should begin quoting again within a few minutes. Will give you an update when I have more info (hopefully within 10 mins).

Hi @Oktay, can confirm it’s working now, thanks

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Damn, how do these quotes work? Someone forgot to press the “on” button this morning?

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Thanks for confirming @genleeshin :smiley: lol @VicVega

There’s an ‘airbag mechanism’ built into the products - idea is to help curtail a 100% loss in the 3x ETP if underlying falls more than 33.33% in a day. So anytime the underlying falls 16.67% in a day (meaning 3x ETP falls 50%), there’s an intraday rebalance that takes place. Trading is halted for about 10-15 mins and continues afterwards as if it were a brand new trading day.

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