This is to inform you that Credit Suisse AG has announced delisting of the below mentioned Exchange Traded Notes (ETNs)
In order to reduce risk exposure of our Clients we have disable PURCHASE of the below named ETN’s through our trading system. If you are an ETN holder you can place your sell instructions through Mubasher Financial Services BSC © trading channels.
|VelocitySharesTM 3x Long Gold ETNs linked to the S&P GSCI® Gold Index ER due October 14, 2031||UGLD||The Nasdaq Stock Market||22542D316||2-Jul-20|
|VelocitySharesTM 3x Long Silver ETNs linked to the S&P GSCI® Silver Index ER due October 14, 2031||USLV||The Nasdaq Stock Market||22542D290||2-Jul-20|
|VelocitySharesTM 3x Inverse Gold ETNs linked to the S&P GSCI® Gold Index ER due October 14, 2031||DGLD||The Nasdaq Stock Market||22542D670||2-Jul-20|
|VelocitySharesTM 3x Inverse Silver ETNs linked to the S&P GSCI® Silver Index ER due October 14, 2031||DSLV||The Nasdaq Stock Market||22542D654||2-Jul-20|
|VelocitySharesTM 3x Long Natural Gas ETNs linked to the S&P GSCI® Natural Gas Index ER due February 9, 2032||UGAZ||NYSE Arca||22539T183||10-Jul-20|
|VelocitySharesTM 3x Inverse Natural Gas ETNs linked to the S&P GSCI® Natural Gas Index ER due February 9, 2032||DGAZ||NYSE Arca||22542D282||10-Jul-20|
|VelocityShares™ Daily Inverse VIX Medium Term ETNs linked to the S&P 500 VIX Mid-Term Futures™ Index due December 4, 2030||ZIV||The Nasdaq Stock Market||22542D829||2-Jul-20|
|VelocityShares™ VIX Short Term ETNs linked to the S&P 500 VIX Short-Term Futures™ Index due December 4, 2030||VIIX||The Nasdaq Stock Market||22542D266||2-Jul-20|
|VelocityShares™ Daily 2x VIX Short Term ETNs linked to the S&P 500 VIX Short-Term Futures™ Index due December 4, 2030||TVIX||The Nasdaq Stock Market||22542D258||2-Jul-20|
The links to the announcements is provided below and which will provide you with additional information such as the estimated last trading day of each fund.
For clarifications related to the notification, please send email to: email@example.com
If you are a US citizen:
If you are a not a US citizen:
The US markets, Financial Industry Regulatory Authority (FINRA) increased the maintenance requirements for leveraged exchange-traded funds (ETFs) on April 30, 2010. For more information about the effect of leveraged ETFs or “cash traded” ETFs, please contact our Dealing Desk at +973 1760 0105 or email the Mubasher Trade Global dealing desk at firstname.lastname@example.org. For all cash traded and leveraged ETFs, the full settlement cycle on SELL side transactions is required in order to have the sale proceeds of a cash traded or leveraged ETF added to the usable buying power.