MXC Will Merge the Shares of BSV3S Leveraged ETF Product

Dear MXCers:

Since the net value of leveraged ETF product BSV3S is lower than 0.05 USDT, it triggers the Share Merging Mechanism. As such, MXC will merge the shares of  BSV3S at 18:00 (UTC+8), April 8.

The 20 shares of BSV3S will be merged into 1 share, consequently, the net value per share will be up 20 times and user's holding amount will be down to 1/20. In this connection, user’s total asset will stay the same after the merging. 

Learn more about leveraged ETF, please visit:

1. What is "Share Merging Mechanism"

2. Guide for Leverage ETF

3. Leveraged ETF Lecture

4. FAQ for Leveraged ETF

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Enjoying your trade on MXC.

The MXC team

April 8, 2020