Why is there no movement in ltc5l?

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KARAYEL_1453vip
· 2023-08-30 06:46
I have no money left, what is this?
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Yunxivip
· 2023-08-30 06:08
Dear users, Gate.io ETF products are traded 24/7 and the market fluctuates greatly. In line with the principle of minimal impact on the market and without affecting the user experience, we merge or split ETF shares based on the principle of minimizing the number of times. points operation. At present, the unit price of multiple ETF products is too low, which affects the convenience and price accuracy of transactions. In order to improve the trading experience of ETF products, we will carry out multiple ETF products around 14:00PM (UTC+8) on August 30, 2023. The share consolidation operation will affect the number of ETF positions held by the user and the unit net value, but will not affect the total value of the user's positions (regardless of changes in net value caused by underlying price fluctuations during the operation). The specific operation rules are as follows: LTC5L product shares are merged at 100:1, the user's open interest will be reduced to 1/100 of the previous one, and the net value of the unit will increase by 100 times. This is the announcement, you can read it: https://www.gateex. cc/en/article/31917
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