Which ETF launch did the SEC delay?

The launch of the 2x leveraged ETF based on SK Hynix American Depositary Receipts (ADR) was delayed by one day.

When will the ETF in question start trading?

According to financial sector sources, the fund will be open for trading as of 14 May.

What is the reason for this delay?

The news article does not provide any detail on exactly why the SEC delayed the trading by one day.

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Ekonomi

U.S. Securities and Exchange Commission Delays SK Hynix 2x Leveraged ETF Trading

Maeil Business Newspaper

Poin Utama

U.S. SEC delayed the launch of the SK Hynix ADR-based 2x leveraged ETF by one day.
The delayed fund is planned to start trading from 14 May.
The decision was conveyed by financial investment industry sources.

Dalam Angka

Up to 2x leverage1 day delay14 May trading date

The U.S. Securities and Exchange Commission (SEC) delayed by one day the launch of the 2x leveraged exchange-traded fund (ETF) based on SK Hynix's American Depositary Receipts (ADR).

The ETF in question is expected to start trading as of 14 May.

Financial investment industry sources reported that following the SEC's delay, trading will commence on the new date.

Beri reaksi

#Sec#Sk Hynix#Etf#Adr#Leverage#Us Stocks

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Pertanyaan Umum

Which ETF launch did the SEC delay?: The launch of the 2x leveraged ETF based on SK Hynix American Depositary Receipts (ADR) was delayed by one day.
When will the ETF in question start trading?: According to financial sector sources, the fund will be open for trading as of 14 May.
What is the reason for this delay?: The news article does not provide any detail on exactly why the SEC delayed the trading by one day.