If I have a small number of INDEX ROYs in my wallet, can it go to 0 after yearly adjustments?
If I have a small number of INDEX ROYs in my wallet, can it go to 0 after yearly adjustments?
In a very edge case, where you have just 1 ROY of an INDEX, if the adjustment requires a proportional decrease in ROYs, you will be liquidated to cash automatically. For example, if there is a 2% dilution, you will end up having 0.98 ROYs, and because ROYs are indivisable, you will get a cash equivalent amount.
In a very edge case, where you have just 1 ROY of an INDEX, if the adjustment requires a proportional decrease in ROYs, you will be liquidated to cash automatically. For example, if there is a 2% dilution, you will end up having 0.98 ROYs, and because ROYs are indivisable, you will get a cash equivalent amount.
Updated on: 18/02/2024
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