TechFlow news — According to the official announcement, AMZN will undergo a stock split. FTX will handle this stock split as follows:
- June 5, 2022, 21:00 (UTC): AMZN and AMZN-0624 will be renamed to AMZNPRE and AMZNPRE-0624
- June 5, 2022, 22:00 (UTC):
* The new AMZN/USD and AMZN-0624 markets will go live after the split;
* FTX will automatically convert AMZNPRE-0624 positions and AMZNPRE balances into AMZN-0624 and AMZN balances at a ratio of 20:1;
* The AMZNPRE-0624 and AMZNPRE/USD markets will be delisted.
Note: Users are advised to understand the impacts and potential risks associated with the AMZN stock split. FTX is not responsible for any losses.
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