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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.