World’s Largest Leveraged ETF Halts Orders, Citing “Liquidity Constraints”
by Tyler Durden
ZeroHedge.com
10/14/2015
First The Bank of Japan destroyed the Japanese bond market, and then, back in May we warned that The Bank of Japan had ‘broken’ the stock market. Now, it appears the all too obvious consequences of being the sole provider of buying power in an antirely false market are coming home to roost as Nomura reports the “temporary suspension” of new orders for 3 leveraged ETFs – the largest in the world – citing “liquidity of the underlying Nikkei 225 futures market.”
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