|
Article 9
|
After listing of ETNs, the regulations governing price movement for listed securities shall apply mutatis mutandis to their daily price movement, except ETNs that track the index consisted of foreign underlyings, to which no minimum or maximum price movement applies.
For a leveraged or inverse ETN of which the components of the underlying index are all domestic underlyings, the daily price limit shall be 10 percent above or below its price multiplied by the multiple of the ETN. For those of which the components of the underlying index include foreign underlyings, there is no limit on their price movement in either direction.
|