As the unit price of leveraged ETF products ETC3S, FTM5S, ICP5S, KNC5S, MATIC5S, OP3S, and DOT3S, KNC3S, AXS3S, IMX3S, APE3S has triggered the BigONE leveraged ETF share merging mechanism. In order to improve the effectiveness of the price, we will initiate the merge on 1 August 2022 at 23:30 (GMT+8), and the shares of ETC3S, FTM5S, ICP5S, KNC5S, MATIC5S, OP3S, and DOT3S, KNC3S, AXS3S, IMX3S, APE3S will be merged separately. After the merge, the total assets of users will not be affected in any way.
The name, abbreviation, and transaction pair of the new share are the same as before the merge.
- The original 1,000 shares of FTM5S, ICP5S, KNC5S, MATIC5S, OP3S, DOT3S, KNC3S, AXS3S, IMX3S, and APE3S with the new share of the net value 1,000 times the original share. The net value conversion will be based on the net value at the time of the merge.
- The original 10,000 shares of ETC3S with the new share of a net value of 10,000 times the original share. The net value conversion will be based on the net value at the time of the merge.
Example:
Note:
1. During the merge, 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.
2. Before the merge, all users who have pending orders for the currency pairs above are requested 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 If the orders are not withdrawn, the system will automatically cancel all orders and the relevant assets will be returned to the account.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 product FAQ: https://bigone.zendesk.com/hc/en-us/articles/900002710806
BigONE, more than just asset security.
Regards,
BigONE Team
1 August 2022
Comments
0 comments
Article is closed for comments.