trade.xyz: SKHY will be launched as a pre-IPO contract, and after ADS starts trading on Nasdaq, it will be converted into a standard XYZ perpetual contract

Odaily星球日报2026/07/09 14:26

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According to Odaily, trade.xyz posted on platform X stating that SKHY tracks the value of one SK Hynix American Depositary Share (ADS). This NASDAQ-listed security represents one-tenth of an SK Hynix common share, held in custody by a depositary bank. SKHY will be launched as a pre-IPO contract and will be converted into a standard XYZ perpetual contract after the ADS begins trading on NASDAQ. TradeXYZ’s existing SKHYNIX market xyz:SKHX will remain unchanged, tracking one SK Hynix Inc. common share (KRX: 000660), and will continue to operate normally based on the company’s main listing market in Seoul. The two markets are related but independent of each other; 10 ADS represent one common share, and the ADS price may carry a premium or discount relative to the Seoul market price.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.

华尔街见闻•2026/09/26 11:36