In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

SNDK stock split: PF_SNDKUSD trading halt on November 19

Last updated: 13 November 2026

Sandisk (SNDK) will complete an 8-for-1 stock split on November 19, 2026. Clients with a PF_SNDKUSD (SNDK perpetual) position will face temporary trading restrictions and position adjustments while Kraken applies the split.

Timeline (November 19, 2026)

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.

What this means for clients

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

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.