Dear Clients
GameStop(GME) announced that they will carry out 4-for-1 stock split which will be effective on 22 July 2022. This means each GameStop(GME) shareholder will receive three additional shares for every share held. The price of the stock will be divided by 4 on 22 July 2022 when market opening.
As the GameStop shares CFD (#GME) that ATFX offers is derived from GameStop(GME) shares on the Exchange, the price of the product #GME will also undergo stock split.
|
Symbol |
Product |
Corporate Action |
Effective Date |
|
#GME |
GameStop CFD |
4-for-1 stock split |
22 July 2022 |
The example below describes how #GME 4-for-1 stock split affects current holding position
|
Stock Split |
Date |
Type |
Volume (Lot) |
Open price |
|
Before Split |
Before 22 July 2022 |
Buy |
100 |
138.00 |
|
After Split |
After 22 July 2022 |
Buy |
400 |
34.50 |
|
Stock Split |
Date |
Type |
Volume (Lot) |
Open price |
|
Before Split |
Before 22 July 2022 |
Sell |
100 |
138.00 |
|
After Split |
After 22 July 2022 |
Sell |
400 |
34.50 |
Note:
1. All pending orders Take Profit/Stop loss/Buy Limit/Sell Limit/Buy Stop/Sell Stop will be DELETED after market closed on 21 July 2022.
2. In order to ensure the price stability after the stock split and avoid affecting clients’ transactions, #GME cannot be traded until 5 minutes after market opening on 22 July 2022. That means the trading hours will start from 16:38 MT4 system time!!
Please feel free to contact us via email:[email protected] or call:400-120-4881 if you have any questions.
Sincerely,
ATFX
