Market Notice
The financial instrument was knocked out. Please comply with the regulations in the sales prospectus.
The security Turbo-Zertifikat auf Cipher Mining Inc. / Put with ISIN DE000LX9R9B4 is currently suspended from trading. Please note that existing orders in this security have been cancelled. Orders can be placed again once trading is resumed.
Cipher Mining Inc./KO/Put [18]/LuS
- BID
-
- ASK
-
- 0 Units0 Units
- 07/21, 22:00:23 PM
Product class
Without Stop-Loss - Classic
Last exchange day
10/12/2026
Performance (1M)
-
Basis price
18.0000 [EUR]
Knock-Out barrier
18.0000 [EUR]
Leverage
-
Multiplier
0.10
Distance to KO barrier absolute
-1.94 EUR
Distance to KO barrier in %
-9.74 %
Agio p.a. in %
-
Factor
-
Facts & figures
Price data
| TRADE PLATFORM | Börse Stuttgart (XSTU) | |
| LAST PRICE | 0.24 G | 0 Units |
| PRICE DETERMINATION TIME | 07/20/2026 / 08:56:05 PM | |
| DAILY VOLUME (UNITS) | 0 | |
| DAILY HIGH / LOW | 0.51 | 0.24 |
| PREV. DAY'S PRICE | 0.5 | (07/20) |
| CHANGE DAY BEFORE | -0.26 | -52.00 % |
| 52 WEEK HIGH / LOW | (-) | (-) |
Indicators
| TIME OF CALCULATION | 04:02:30 AM (07/22/2026) |
| AGIO P.A. IN % | - |
| LEVERAGE | - |
| DISTANCE TO KNOCK-OUT BARRIER ABSOLUTE | -1.94 EUR |
| DISTANCE TO KNOCK-OUT BARRIER IN % | -9.74 % |
Master Data
| WKN | LX9R9B |
| ISIN | DE000LX9R9B4 |
| SYMBOL | - |
| EXCHANGE SEGMENT | Freiverkehr |
| TYPE OF FINANCIAL INSTRUMENT | Leverage Product |
| PRODUCT CLASS | Without Stop-Loss - Classic |
| PRODUCT NAME | Turbo-Zertifikat auf Cipher Mining Inc. / Put |
| ISSUER | Lang & Schwarz AG |
| TRADING SEGMENT | EUWAX |
| OPTION TYPE | put |
| UNDERLYING | CIPHER DIGITAL INC USD0.001 |
| BASIS PRICE | 18.0000 [EUR] |
| KNOCKOUT BARRIER | 18.0000 [EUR] |
| KNOCKIN LEVEL | - [-] |
| FACTOR | - |
| RANGE | - - - |
| MULTIPLIER | 0.10 |
| EXERCISE TYPE | European |
| TRADING CURRENCY | Euro |
| NOMINAL CURRENCY | EUR |
| SETTLEMENT CURRENCY | Euro |
| SMALLEST TRADABLE UNIT | 1.00 |
| MINIMUM QUOTATION EUR | 3,000.00 |
| MINIMUM QUOTATION UNITS | 10,000.00 |
| LAST VALUATION DAY | 10/12/2026 |
| PAYMENT DATE | 17/12/2026 |
| FIRST EXCHANGE DAY | 20/07/2026 |
| LAST EXCHANGE DAY | 10/12/2026 |
| TRADING HOURS | 08:00:00 AM - 10:00:00 PM |
| QUOTATION | fortlaufende Auktion |
| ISSUE VOLUME | 2,000,000 |
| ROLLING | No |
| QUANTO | No |
Underlying
| WKN | A3CYXH |
| ISIN | US17253J1060 |
| SYMBOL | 3A9 |
| NOMINAL CURRENCY | Euro |
| TYPE OF UNDERLYING | Equity |
| COUNTRY OF THE HOME STOCK EXCHANGE | Germany |
Issuer
| NAME | Lang & Schwarz AG |
| ADDRESS | LANG & SCHWARZ
Tradecenter AG & Co. KG
Breite Strasse 34
40213 Düsseldorf
Deutschland |
| EMAIL ADDRESS | public-relations@ls-d.de |
| SERVICE PHONE NUMBER | 0211 138400 |
| URL | http://www.ls-tc.de |
Product Description
This (put) knock-out warrant is linked to Cipher Mining Inc., the underlying instrument, and has a term ending on December 17, 2026. This is a leveraged product, where the investor participates disproportionately in the positive and negative performance of the underlying. The product features a knock-out threshold of EUR 18.00. If the underlying breaches the knock-out threshold during the term, the product will be knocked out, expiring worthless. If, at the end of the term, the underlying trades below the strike price of EUR 18.00, the redemption amount is calculated as the difference between the strike price and the price of the underlying, adjusted for the multiplier of 0.10.