Since the net value of leveraged ETF products COMP3S, NEAR3S and XMR3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of COMP3S, NEAR3S and XMR3S at 13:00 (UTC+8), December 4.
The 10 shares of COMP3S, NEAR3S and XMR3S will be merged into 1 share respectively. Consequently, the net value per share of COMP3S, NEAR3S and XMR3S will be up 10 times, while the user's holding amount will be down to 1/10. In this connection, user’s total asset will stay the same after the merging.
Comments
0 comments
Article is closed for comments.