Closing positions only

[PaoloPaolo]

Hi, can someone please advise why a stock would be closed to new positions? Is it always a bad sign when this happens please?

[OfentseIG]

Hi @PaoloPaolo

We checked with the shares desk. We are unable to offer the stock due to the exposure limits set on the specific product. Please kindly note that this is likely to change as we review this regularly. 

All the best, OfentseIG

[OfentseIG]

27 minutes ago, PaoloPaolo said:

Hi, can someone please advise why a stock would be closed to new positions? Is it always a bad sign when this happens please?

Hi @PaoloPaolo

It depends on the reason why the stock is on Closings Only. Could you please confirm which stock you are referring to. We will get more information from our shares desk. 

Thanks, OfentseIG

[PaoloPaolo]

7 minutes ago, OfentseIG said:

Hi @PaoloPaolo

It depends on the reason why the stock is on Closings Only. Could you please confirm which stock you are referring to. We will get more information from our shares desk. 

Thanks, OfentseIG

Thanks - it is THG (LSE)

[PaoloPaolo]

Thank you.