Announcement
Corporate Action Announcement (Stock Split: Apple and Tesla)
Please be advised that the following share CFDs will be affected by the underlying stocks‘ announced forthcoming corporate actions:
| Symbol | Corporate Action Type | Ratio | Time | New Opening Price | Position Size Post Corporation Action |
|---|---|---|---|---|---|
| AAPL | Stock Split | 4-for-1 | 31st August 2020 (New York Time) | 1/4 of the closing price as of 28th of August 2020 (New York Time ) | 4×Initial Position Size |
| TSLA | Stock Split | 5-for-1 | 31st August 2020 (New York Time) | 1/5 of the closing price as of 28th of August 2020 (New York Time ) | 5×Initial Position Size |
All existing pending orders on your trading account concerning the stocks mentioned above will be canceled as a result.
Any single position greater than 10 Standard Lots after the corporate action will be divided into portions up to 10 Standard Lots each. (E.g. a single 13 Standard Lots position will be divided into a 10 Standard Lots position and a 3 Standard Lots position.)
Please pay close attention to your trading account as this may have impact on your equity.
Please do not hesitate to contact us should you have any questions.
Zeal Capital Market