Dear Users:
Since the net value of leveraged ETF product EOS3S and LTC3S are lower than 0.05 USDT, it triggers the Share Merging Mechanism. As such, MXC will merge the shares of EOS3S and LTC3S at 16:00 (UTC+8), August 17.
The 10 shares of EOS3S and LTC3S will be merged into 1 share respectively. Consequently, the net value per share of EOS3S and LTC3S will be up 10 times, while the user's holding amount will be down to 1/10. In this connection, the user’s total asset will stay the same after the merging.
Learn more about leveraged ETF, please visit:
1. What is "Share Merging Mechanism"
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Enjoying your trade on MXC.
The MXC team
August 17, 2020
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