Some ETP currencies triggers the BKEX ETP Product Share Merging Mechanism, so BKEX will merge the shares of these ETP currencies at 17:00 on January 3 2021 (UTC+8). Details are as follows:
After the merger, the name, symbol and trading pair of the new share will be the same as these before the merger. During the period of merger, the merged currencies is not tradable and all open orders will be canceled by system.
The 100 shares of LTC5L, NEO3L, ETH3L, EOS3L, SXP3S, ALCX3S, ALGO3S and NEAR3S will be merged into 1 share. Consequently, the new net value per share of them will up 100 times the previous share. Net value conversion is based on the net value at the time of merger.
For rules and common questions about ETP product, please refer to: FAQ about Leveraged ETP Product
For Trading Guide to Leveraged ETP Product, please refer to: Trading Guide to Leveraged ETP Product
Herein we remind users that the price of ETP product will be settled with the net value of the merged currencies but not the price in order book of the merged currencies before share merging. Please know about the design and price fluctuation mechanism of the product before trading it to avoid unnecessary loss.
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