Wirecard Stock Suspended - Help

Hello Trading 212,

Could you please explain what the suspension of Wirecard means for people who went long or short on that stock by using CFD?

Thank you.
Ado

Ouch - I wouldn’t want to be long.

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Is it suspended on ISA/INVEST too?

Of course. It is not suspended on Trading 212 but on the stock market.

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Wirecard collapsed into insolvency.

Not too sure what happens if you have a position open.

Hello! We’ll wait for a confirmation & final information regarding this specific event. Keep in mind that we’ll proceed with all the positions, right after we have affirmation for the final price of the security.

Đ•DIT : The security is still tradeable after the halt!

RIP if you were long

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Why position close on 3.8 when i set it to close on 7…? It’s closed it at 3.8 when the Trading212 market open again for this position.

The stop-loss order doesn’t guarantee you the very same price. It executes the order at the first available price which meets your criteria.

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Unfortunately thats how trading goes sometimes… if your stock gaps below your Stop Loss it’ll close the position at that lower price. Same for if you had a Take Profit and it gapped above your profit target it’ll close at the higher price with the greater profit.

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I see the point. Okey. Thought it’s a system cause. Thanks

Ouch for all those people who were long. Trading212 shows there was a majority of longs. Signs were clear to stay clear!

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Makes sense to go long if you have no idea on news/fundamentals. Hey it just dropped from above 100 to sub 20, free monies! :laughing:

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Sub €5’s now.
After the first drop I thought it could be a interesting one to watch. It turns out it is but it just keeps dropping hard.

They’ve gone bust. Filed for insolvency - it was never going to stop.

The price is just peeps messing around trying to con each other out a few pennies now.

Yep… time to buy more :joy:

What an upside potential!!

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“Free cash” as some here likes to say :joy:

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Easy money - 500% potential :rofl: :rofl:

I feel at these levels T212 should just take Wirecard off the platform for the safety of gamblers!

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don’t say this word so loud here :face_with_hand_over_mouth:

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