I shorted RSX off the open, but the thing is so thin/manipulated. Somebody put a 1,000,000 share bid out at $10.75 at the close. They pop it 5% on nothing, probably funds looking to sell, but don't want their price to keep getting fucked.
Well, they said that they have to get out of some positions by March 25th, because of the SWIFT rules. I don't know what it's trading on now since the Moscow Stock Exchange is closed lol. He did say they've done it before. I heard on CNBC that ETF's did a good job accurately following Greece. They said it re-opened about where it should have.
so then maybe they become a tracking stock that one day they will start to be backed up underlying shares? in any case, my broker won't let me trade russian adrs or rsx.
TradeStation sent this out this morning. Doesn't effect me any since U.S. futures is all I do: Pursuant to recent sanctions announced by the US Treasury Department all U.S. persons, and entities that are deemed U.S. Persons for purposes of the Order, may not transact in the publicly traded securities of Russian companies identified by the Secretary of Defense and the Secretary of the Treasury, or any securities that are derivative of, or are designed to provide investment exposure to such securities. https://home.treasury.gov/news/press-releases/jy0608 As such the below symbols have been set to Restricted and cannot be closed at this time: Symbol Name AERAY - Aeroflot PJSC AERZY - Aeroflot PJSC AKSJF -Sberbank of Russia PJSC AOMOY - Mosenergo PJSC BHNFF - Bashneft PJSC CRKZY - Cherkizovo Group PJSC ELOKY - ENEL RUSSIA PJSC FESKF - Far-Eastern Shipping Co PLC FGCUL - Federal Grid Co Unified Energy System PJSC GZPFY - Gazprom Neft PJSC IRAOL - Inter RAO UES PJSC JSCVL - VTB Bank PJSC JSFCF - Sistema PJSFC JSFCY - Sistema PJSFC LENTY - Lenta Plc LSRGL - LSR Group PJSC LUKFY - LUKOIL PJSC LUKOY - LUKOIL PJSC MBT - Mobile TeleSystems Public Join MFOYY - MegaFon PJSC MGJCL - Magnit PJSC MGJNF - Magnit PJSC MGMOL - Magnitogorsk Iron & Steel Works PJSC MSGRL - Mosenergo PJSC MTL - Mechel PJSC NILSY - MMC Norilsk Nickel PJSC NISQY - Novolipetskiy Metallurgicheskiy Kombinat PAO NOVKY - Novatek PJSC NSTKF - Novatek PJSC NVSKL - Novorossiysk Commercial Sea Port PJSC OAOFY - Tatneft PJSC OCRNL - Rosneft Oil Co PJSC OGKJL - OGK-2 PJSC OGZPY - Gazprom PJSC OGZRY - Gazprom PJSC OJSCY - Rosneft Oil Co PJSC OPYGY - Polyus PJSC PHOJY - PhosAgro PJSC RNFTF - Rosneft Oil Co PJSC ROSMF - Rostelecom PJSC ROSYY - Rostelecom PJSC RSHRL - RusHydro PJSC RSHYY = RusHydro PJSC SBRCY - Sberbank of Russia PJSC SGTPY - Surgutneftegas PJSC SGTZY - Surgutneftegas PJSC SVJTL - Severstal PAO SVJTY - Severstal PAO UNRIF - United Company Rusal Ord Shs Furthermore, the following ETF symbols have also been set to LTO FLRU ERUS RSX RSXJ RUSL Please contact the Equities Trade Desk at 1-800-822-0512 with any further questions. Sincerely, TradeStation Trading Operations
Interesting...I saw YNDX got halted, but I was able to trade RSX all day. ERUS was tradeable as well.
Are you sure they are really trading, or just faking it? I know a fund that is "trading BTC" with clients money, while in reality they just steal clients money and pretend to be trading. This is their website: https://www.btcchain.tech/