Since the net value of leveraged ETF products SXP3L, ZEC3L, BAT3L and COMP3L are lower than 0.05 USDT, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of SXP3L, ZEC3L, BAT3L and COMP3L at 14:00 (UTC+8), November 3.
The 10 shares of SXP3L, ZEC3L, BAT3L and COMP3L will be merged into 1 share respectively. Consequently, the net value per share of SXP3L, ZEC3L, BAT3L and COMP3L will be up 10 times, while user's holding amount will be down to 1/10. In this connection, user’s total asset will stay the same after the merging.
Learn more about leveraged ETF, please visit:
Find us on:
MXC trading: https://t.me/MXCtrade
Register an account of MXC here:
Enjoying your trade on MXC.
The MXC team
November 3, 2020