iFinex Financial Technologies Limited is introducing new Chain Split Tokens that will allow our users to trade on the potential fork event in the Ethereum consensus protocol that could result in a new ETH Proof of Work coin as well as ETH Proof of Stake . We are designating these CSTs as ETHW and ETHS . Users will be able to create these CSTs using the Token Manager located in the Order Type drop down menu of the sidebar order ticket, or in the menu at the top of the UI. Upon creation by a user, ETH will be debited from the user's account, and an equivalent amount of ETHW and ETHS will be credited. Users will also be able to reverse this process at any time, redeeming equal numbers of ETHW and ETHS to extract ETH. iFinex Financial Technologies Limited has identified three potential scenarios and therefore the ETHW and ETHS tokens are designed to give users the ability to help prepare for the following outcomes: In the event that there will be no consensus change on the current Ethereum ETHS will expire worthless and ETH will be given in exchange for each ETHW holding..In the event of a successful consensus change for Ethereum with no fork, ETHW will expire worthless and ETH will be given in exchange for each ETHS holding..In the event of a successful fork and a successful consensus change for Ethereum, users will be credited with their respective ETHW and ETHS tokens.. These tokens will expire on 31st December 2022. For full product disclosure please see the terms. Further details regarding margin positions and the implications on long or short positions for Ethereum will be announced in due course. The above summary description is for convenience purposes only. ETHW and ETHS chain split tokens are more particularly described in the updated Derivative Product Descriptions here. If there are any differences between the description above and the Derivative Product Description, including as the Derivative Product Description may be updated from time to time, the Derivative Product Description will govern. iFinex Financial Technologies Limited does not intend to update this announcement at any time. ETHW and ETHS are risky and may expire without any value. Please read the Derivative Product Description carefully to ensure you understand ETHW and ETHS chain split tokens available on the derivatives platform. Please ensure you independently assess, understand and accept the related risks before deciding to purchase ETHW or ETHS .