GME is undergoing a stock split.
FTX’s will manage the split in the following way:
On July 23, 2022 at 8pm UTC:
- GME and GME-0930 will be renamed to GMEPRE and GMEPRE-0930
On July 23, 2022 at 9pm UTC:
- New GME/USD and GME-0930 markets, representing the postsplit amounts, will go live
- FTX will automatically convert GMEPRE-0930 positions and GMEPRE balances into GME-0930 and GME balances at a 4:1 rate
- GMEPRE-0930 and GMEPRE/USD markets will be de-listed
It is your responsibility to understand the implications of FTX's management of the GME stock split. FTX is not liable for losses.