AMZN is undergoing a stock split.
FTX's will manage the split in the following way:
On June 5, at 9pm UTC:
- AMZN and AMZN-0624 will be renamed to AMZNPRE and AMZNPRE-0624
At 10pm UTC:
- New AMZN/USD and AMZN-0624 markets, representing the postsplit amounts, will go live
- FTX will automatically convert AMZNPRE-0624 positions and AMZNPRE balances into AMZN-0624 and AMZN balances at a 20:1 rate
- AMZNPRE-0624 and AMZNPRE/USD markets will be de-listed
It is your responsibility to understand the implications of FTX's management of the AMZN stock split. FTX is not liable for losses.