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WEEX to adjust SNDKUSDT perpetual futures for stock split on Nov 20, 2026
By: WEEX
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Dear WEEXers,
Due to Sandisk Corporation's (NASDAQ: SNDK) upcoming 8-for-1 forward stock split, WEEX will adjust SNDKUSDT perpetual futures positions and prices to align with the underlying stock price. Details are as follows:
Market | Underlying asset | Corporate action | Adjustment factor |
SNDKUSDT | Sandisk Corporation (NASDAQ: SNDK) | 8-for-1 forward stock split | 8 |
I. Adjustment schedule
Stage | Time (UTC+8) | Status |
Adjustment begins | Nov 20, 2026, 9:00 AM | Trading suspended |
Estimated completion | Nov 20, 2026, 2:00 PM | Cancel-only mode (5 minutes) |
Trading resumes | Nov 20, 2026, 2:05 PM | Trading resumes; new positions allowed |
All times are estimates and subject to actual execution. The adjustment may be completed earlier or later than scheduled.
II. Adjustment impact
Item | Adjustment details |
Position size | Adjusted size = original size × 8 |
Average entry price | Adjusted price = original price ÷ 8 |
Position value and side | Unchanged |
Margin mode | Unchanged |
Unrealized PnL | Existing positions will be settled, and unrealized PnL will be credited to the account balance. |
Open orders | All canceled, including reduce-only orders (TP/SL) |
III. Notes
- During the adjustment, all SNDKUSDT perpetual futures trading services will be suspended, including opening and closing positions, placing, canceling, and modifying orders, as well as funding rate and price index updates.
- All open orders for this market will be canceled, including reduce-only orders (TP/SL). Do not rely on existing orders for risk management.
- During the adjustment, existing positions will be settled first. New positions of equal value will then be opened for you with sufficient margin. If margin is insufficient or market volatility is high, existing positions may be settled without new positions being opened.
- After the adjustment, the market will enter a 5-minute cancel-only period. Only order cancellations are allowed. Trading will resume at the end of the cancel-only period, allowing you to open new positions.
- When trading resumes, the opening price may differ from the adjusted reference price, potentially increasing volatility. It is recommended to review your positions and margin before the adjustment and reduce or close positions if needed.
- After the adjustment, prices and quantities will be rounded to meet the futures market's price precision and minimum order size requirements. Minor rounding differences may occur.
- Review your new positions and any changes to futures trading parameters once the adjustment is complete.
Risk warning
During the adjustment, SNDKUSDT perpetual futures trading will be suspended, preventing you from opening or closing positions. Prices may fluctuate significantly when trading resumes. Review your positions and margin, manage position sizes, and control risks accordingly.
WEEX may adjust the above arrangements based on actual conditions. Refer to the latest announcements and trading page for updates. This announcement does not constitute investment advice.
SNDKUSDT perpetual futures are not affiliated with, sponsored by, or endorsed by the underlying stock issuer or its listing exchange.
Thank you for your continued support!
The WEEX team
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