Kenny Chua

hei

2020-06-15 15:18

Baobab

last friday US dropped 905 points but the index hardly moved up

2021-12-01 11:34

Baobab

yesterday US dropped 652 points but the index hardly moved up

2021-12-01 11:34

Traderjoes

not much activity. go see the buy/sell queue

2021-12-01 11:35

Baobab

when the US moved up, the price of this inverse ETF will move down

2021-12-01 11:35

Baobab

funny.

2021-12-01 11:35

Baobab

Isn't this inverse ETF should move in contrast with the movement in US index?

2021-12-01 11:36

Baobab

Can anyone help to explain why the price of this ETF did not move much when the US dropped so much last Friday and yesterday? I have no clue about it at all.

2021-12-01 11:39

Traderjoes

yes it is an inverse etf. but most days there is no volume as etfs are not popular here in Malaysia, let alone an inverse one. since most days no volume, the last done price is 1.34, don't know how long ago

2021-12-01 11:45

Traderjoes

if you want to see the price to buy/sell today, go see the buy/sell queue. the market maker is obliged to provide liquidity in the market.

2021-12-01 11:46

Baobab

Thanks for your kind explanation my friend.

2021-12-01 16:12

Baobab

Based on the current scenario, is the market maker do what they are obliged to do? Have they discharged their obligation accordingly?

2021-12-01 16:18

Baobab

Any one know which authority is governing this market maker and the ETF and how to lodge a complaint about this matter?

2021-12-01 16:21

Baobab

Yesterday US dropped 462 points and the indicative price of this ETF only made a negligible rise in price. Unbelievable!

2021-12-02 11:27