XTB Offering Close Only on USFANG Stocks

XTB Offering Close Only on USFANG Stocks

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XTB will be temporarily only offering the option to close three USFANG related assets.

The changes will affect USFANG and USFANG+ and USFANG all of which no new open positions will be made available until further notice. This means that if you are looking to start trading these then you will not be able to until the platform decides to allow these to happen again – when specifically though is not currently known.

The platform have cited the reason behind the decision to offer close only being due to low liquidity on the underlying exchange. However, this is the only news that the platform has released in regards to the decision but we will keep you updated in the near future.

It is likely to be unrelated to any coronavirus reasons as on the contrary, people are, as we reported last week, actually hoping to sell assets to release cash. Due to this, other organizations have, in fact, made the complete opposite decision and banned shorting on stocks instead.

If you are keen to close these stocks you have with USFANG and  USFANG+ and USFANG XTB, you can go to their platform here.

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