On 27 February 2008 the CEO of the Budapest Stock Exchange (BSE) suspended the exchange trading of the ERSTE WTI Oil Turbo Short 105 Certificate issued by Erste Bank der sterreichischen Sparkassen AG.
At the same time the CEO decided on the delisting of the above security from the BSE due to its termination, as price of the underlying product had reached its “knock-out” price of $102, where value of the certificate becomes zero.
Therefore, Trading of ERSTE WTI Oil Turbo Short 105 Certificate is not possible anymore on the BSE.