Consolidation of Leveraged ETF Product FLM3L

Dear BigONE users:

As the unit price of the leveraged ETF product FLM3L is lower than 0.05 USDT, the BigONE leveraged ETF product consolidation mechanism has been triggered. In order to improve the effectiveness of the price, we will start the consolidation mechanism at 11:30 on October 9, 2020 (UTC+8), merging FLM3L’s shares will not be affecting the total assets of users at all.

【Details】

• The name, abbreviation, and transaction pair of the new share are the same as before the merger.
• The original 100 FLM3L shares will become 1 new FLM3L share, and the net value of the new share will be 100 times the original share. The net value conversion is based on the net value at the time of the merger. For example: at the moment of merger, Alex holds 100 FLM3L, each with a net value of 0.004 and a total amount of 0.4 USDT. After the merger, Alex holds 1 FLM3L, each with a net value of 0.4, and the total amount remains unchanged at 0.4 USDT.

【Tips】

• During the consolidation, we will stop the transaction of the currency pair asset half an hour in advance (the merger process is expected to be 1 hour), and other currency pair transactions will not be affected.
• Before the consolidation, all users who have pending orders for currency pairs above are required to withdraw their orders in advance. If the orders are not withdrawn, the system will automatically cancel all orders and the relevant assets will be returned to the account.

Leveraged ETF FAQ: https://support.bigonechina.com/hc/zh-cn/articles/900002710806

If you have any suggestions about leveraged ETF, please contact us: https://jinshuju.net/f/XONJJZ

BigONE, more than just asset security.

Best,

BigONE Team

October 8, 2020