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Homepage>Services>News>May 2022>Memorial Day 2022
May 2022
03/05/2022Memorial Day 2022
On Monday 30th of May, trading conditions will be modified on US underlyings.
Memorial Day 2022
Published: 03/05/2022

On May 30, Citi Turbos trading hours have been adjusted as follows for Memorial Day in the US:

- US Indices, Nikkei225: Small size from 7pm CET onwards.

- Gold, Silver: SUSPEND from 8.30pm CET onwards.

- WTI: SUSPEND from 8.30pm CET onwards.

- Brent: SUSPEND from 7.30pm CET onwards.

- US single stocks: Wider spreads/ smaller size all day.

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  • Products

    Warrants give investors the opportunity to gain from exposure to positive (Call) or negative (Put) movements of an underlying asset's price. The leverage effect amplifies the price variations of the warrant with respect to the underlying. Warrant prices are also affected by the time to maturity and the volatility of the underlying. Warrants contain a risk of capital loss.
    Turbos are products with a high leverage effect. Investors gain the opportunity to profit from exposure to positive (Call) or negative (Put) movements of an underlying asset's price, with a more limited impact of volatility and time on price compared to Warrants. Turbos contain a knock-out barrier, which, if triggered, terminates the product immediately, definitively and implies a full capital loss.
    Leverage products (warrants and turbos) give investors the opportunity to gain from exposure to positive (Call) or negative (Put) movements of an underlying asset's price, with a leverage effect. Their price variations amplify up and down the underlying's price movements. Leverage products put full capital at risk. Depending on the product characteristics, such products may enhance leverage through the presence of a knock-out barrier (turbos).
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