1Semana·

Unusual movement in EuwaxII Gold

$EWG2 (+0,03 %) has already been down around 1% for half an hour, at least the selling price. The spread has widened to almost 2%.

$IGLN (+0,12 %) is close to 0%.

Something is wrong. This is not normal.

Risk of failure? Delivery problems?

To all $EWG2 (+0,03 %) I would advise all holders to keep a closer eye on the next few days and possibly swap into other ETCs.

Your Epi

13 Comentarios

“Lloyd_is_water!“@Ash

1Semana

Thanks for the tip.

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Patrick Schäfer@Hotte1909

1Semana

Is Euwax Gold 1 actually still available? I can't find it anywhere 😀

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Yoshika 🦋.@Yoshika

1Semana

$EWG2 sometimes does spread yoga.

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D.S.@Crash-Propheteus

1Semana

I took a look at it together with my 🔮. So something is really wrong, sell them all 100% immediately. Save your property 🙈 (no investment advice)

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VillaSpilla@VillaSpilla

1Semana

I think $WGLD "spread" a little less

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Caynify@Caynify

1Semana

Do you have an alternative?

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VillaSpilla@VillaSpilla

1Semana

@Caynify $WGLD

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TradingHase@TradingHase

1Semana

How can such changes occur at such short notice?

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Yoshika 🦋.@Yoshika

1Semana

@TradingHase
With such products, it is not the market that is volatile, but the pricing. This is what happens when a product only has a single market maker. There is no deep order book.

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gorehammer@gorehammer

1Semana

Is there an explanation for this yet?

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Epi@Epi

1Semana

@gorehammer It was probably a very thin order book. I.e. little trading.

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fionn@8fionn

1Semana

@Epi you do know that yesterday was Thanksgiving, i.e. NYSE was closed?

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Epi@Epi

1Semana

@8fionn Maybe it has something to do with that. But $EWG2 is actually only tradable in Germany/EU and other gold ETCs were liquid. So the matter is not entirely clear. Even if it seems to have normalized again.

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