Trade.xyz has relisted perpetual contracts tied to Japanese storage stock KIOXIA, with leverage of up to 10x. The relisting followed KIOXIA’s 1-for-3 stock split, which required the platform to halt trading and reset positions before reopening the market at the post-split price.
According to the official schedule cited by BlockBeats, the contract was suspended at about 06:35 UTC on Sept. 28, or 14:35 Beijing time, and all open positions were settled. Trading resumed at about 07:30 UTC, or 15:30 Beijing time, based on the adjusted post-split price.
Trade.xyz said it could not directly rewrite legacy positions to reflect the split ratio. As a result, traders need to open new positions after the market reopens. The relisted market now supports leverage of up to 10x.
Trade.xyz has relisted perpetual contracts tied to Japanese storage stock KIOXIA, with leverage of up to 10x.
The relisting followed KIOXIA’s 1-for-3 stock split. According to the official schedule cited by BlockBeats, the contract was halted at about 06:35 UTC on Sept. 28, or 14:35 Beijing time, and all open positions were settled. Trading resumed at about 07:30 UTC, or 15:30 Beijing time, at the post-split price.
Trade.xyz said it could not directly adjust legacy positions based on the stock split ratio, so traders need to open new positions.
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