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SPXS.ETF Reverse Split

Dear Valued Client,

Greetings from INGOT Brokers.

Direxion announced that it will implement a 1-for-10 reverse split of its SPXS.ETF (Direxion Daily S&P 500 Bear 3x Shares ETF). The reverse splits will be effective before the market open on January 11th, 2021. 

Clients are advised to close their positions before the end of Friday session on January 8th, 2021, as INGOT BROKERS will close SPXS.ETF open positions automatically by end of the session.

 * IBs are required to forward this message to their clients accordingly.

INGOT Brokers Team