SSF suspended

[patch1]

Good morning Simon Why is esor ssf suspended?

[SimonPB]

it was listed in error and hence was suspended. problem is that it doesn't meet our liquidity requirements.

[#3]

I need some education here - assuming you're long in an SSF with a number of contracts, and it gets suspended: how do you get out of the trade? Are you allowed to sell until you're out, or must you get out with a single "sell" for all the contracts you hold? Do you get notified when suspension happens?

[SimonPB]

OK, two diff issues here. Firstly; if the underlying share is suspended then you can't get out of teh SSF and could be in serious, serious trouble if long. Hence the very massive risk an SSF offers on the smaller riskier stocks.

Secondly, OST wouldn't suspend a SSF that a client was holding - unless the underlying was suspended.