Restrike event in WisdomTree WTI Crude Oil 3x Daily Short
At 15:29 GMT on 19th March 2020, the underlying index for WisdomTree WTI Crude Oil 3x Daily Short broke through the threshold level required to trigger an automatic “Restrike Event” i.e. a rebalance of the product’s exposure intra-day. The product was rebalanced at a restrike price of $31.9895296, corresponding with an underlying index (NQCICLER) value of 143.58759481517, in accordance with the Restrike Event procedures specified in the WisdomTree Multi Asset Issuer Base Prospectus.
At the end of the day the ETP was rebalanced as usual for any end of day and a final NAV of $31.0588979 was calculated.
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