4D·

Unusual movement in EuwaxII Gold

$EWG2 (-0,09%) has already been down around 1% for half an hour, at least the selling price. The spread has widened to almost 2%.

$IGLN (+0,11%) is close to 0%.

Something is wrong. This is not normal.

Risk of failure? Delivery problems?

To all $EWG2 (-0,09%) I would advise all holders to keep a closer eye on the next few days and possibly swap into other ETCs.

Your Epi

14 Comentários

“Lloyd_is_water!“@Ash

Thanks for the tip.

•

Patrick Schäfer@Hotte1909

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

•

Yoshika 🦋.@Supergirl

$EWG2 sometimes does spread yoga.

•

D.S.@Crash-Propheteus

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)

•

VillaSpilla@VillaSpilla

I think $WGLD "spread" a little less

•

Caynify@Caynify

Do you have an alternative?

••

VillaSpilla@VillaSpilla

@Caynify $WGLD

•

TradingHase@TradingHase

How can such changes occur at such short notice?

••

Yoshika 🦋.@Supergirl

@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.

•

market_maestro_2901@market_maestro_2901

My cat ran over the keyboard and traded 100,000 back and forth. Sorry, it won't happen again.

•

gorehammer@gorehammer

Is there an explanation for this yet?

••

Epi@Epi

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

••

fionn@8fionn

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

••

Epi@Epi

@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.

••