Ermenegildo Zegna N.V. (ZGN) Closing only: Market unavailable to open

[Techiescot]

Hi

Ermenegildo Zegna N.V. (ZGN) states Closing only: Market unavailable to open. I understand that this means I cannot trade this item. What is the reason for this and when might this situation reset?

 

Thanks

[AshishIG]

11 hours ago, Techiescot said:

Hi

Ermenegildo Zegna N.V. (ZGN) states Closing only: Market unavailable to open. I understand that this means I cannot trade this item. What is the reason for this and when might this situation reset?

 

Thanks

@Techiescot, If the market is in a 'closing only' , it implies that you cannot initiate new positions. However, if you have existing open positions from the past that need to be closed, they can still be closed. The unavailability of new positions is due to the implications of Italian tax laws, and we currently do not have a definite timeline for when trading will be resumed.

All the best,
AshishIG