Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

South Korea Deals Credit Suisse a Record Short-Selling Fine [BNN Bloomberg (Canada)]

ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 (USOI) 
Company Research Source: BNN Bloomberg
The country's Securities and Futures Commission decided to impose a 16.9 billion won penalty on Credit Suisse AG and 10.2 billion won fine on Credit Suisse Singapore Ltd., the Financial Services Commission said in a statement Wednesday. The fine is the highest yet in South Korea for alleged short-selling violations, since the nation started imposing fines on illegal short selling in April 2021. Last month, South Korea extended its blanket ban on short selling through March 30, 2025. The popular trading practice has been prohibited since November 2023. In December, BNP Paribas SA and HSBC Holdings Plc were penalized with a total fine of 26.5 billion won for naked short selling, Bloomberg News reported. UBS Group AG, which acquired Credit Suisse last year, did not immediately respond to an email seeking comments. ©2024 Bloomberg L.P. Show less Read more
Impact Snapshot
Event Time:
USOI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for USOI alerts
Opt-in for
USOI alerts

from News Quantified
Opt-in for
USOI alerts

from News Quantified