Since the net value of leveraged ETF products XTZ3S and EOS3S per share are lower than 0.05 USDT, they trigger the Share Merging Mechanism. Therefore, MXC will combine the shares of XTZ3S and EOS3S at 18:00 (UTC+8), February 12.
The 10 shares of XTZ3S and EOS3S will be merged to 1 share respectively, consequently the net value per share will also become 10 times of the previous one. After the merging, user’s total asset will not be affected at all.
To learn more about leveraged ETF, please click Guide for Leverage ETF.
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Enjoying your trade on MXC.
The MXC team
February 12, 2020