Dear Users:
Since the net value of leveraged ETF product ENJ3S, STORJ3S, SKL3S, DOTECO3S and DOT3S is lower than 0.05 USDT respectively, it triggers the Share Merging Mechanism. As such, MXC will merge the shares of ENJ3S, STORJ3S, SKL3S, DOTECO3S and DOT3S at 19:30 (UTC+8) on Feb 11.
The 10 shares of ENJ3S, STORJ3S, SKL3S, DOTECO3S and DOT3S will be merged into 1 share respectively. Consequently, the net value per share of ENJ3S, STORJ3S, SKL3S, DOTECO3S and DOT3S 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:
-
What is "Share Merging Mechanism"
-
Guide for Leverage ETF
-
Leveraged ETF Lecture
-
FAQ for Leveraged ETF
Comments
0 comments
Article is closed for comments.