SNDK stock split: PF_SNDKUSD trading halt on November 19

• 20:45 UTC: PF_SNDKUSD is set to post-only. Clients cannot open, close, or reduce positions, and no liquidations will occur.
• 21:00 UTC: Kraken applies the split multiplier to all positions and cancels all open orders, including stop and take-profit orders.
• After 21:00 UTC: Trading resumes once a reliable price index and sufficient market liquidity are in place. This will likely extend into the next trading day on November 20.

• Position size and average entry price are adjusted by the split ratio. The notional value of the position, margin, and PnL do not change.
• Clients need to re-place any orders after trading resumes, because all open orders are cancelled at 21:00 UTC.
• Clients who do not want exposure to PF_SNDKUSD during the halt should close or reduce their position before 20:45 UTC.

If the split cannot be completed successfully, Kraken reserves the right to settle the market, close positions at a settlement price, and re-list the contract. Kraken will notify clients if this happens.