How split affects tokenised shares on the platform?

Tokenised shares are subject to corporate actions in the same way as actual shares. Our cryptoplatform implements two ways to execute the split:

  • by selling tokens and closing Leverage operations by the customers themselves, or by automatic selling of tokens and closing of Leverage operations at the last available market price before the split, including pre-setting the market to "Close-only" mode, implying that only selling or completing of Leverage operations with that certain tokenised share is possible;
  • by automatic adjusting of tokens and leverage operations on the Client's account, no further action on the part of the Client is required.
 
Was this article helpful?
0 out of 1 found this helpful
Have more questions? Submit a request