Dear Clients,
Nvidia Corporation (NVDA) announced that they will carry out 4-for-1 stock split which will be effective on 20 July 2021. This means each Nvidia Corporation shareholder will receive three additional shares for every share held. The price of the shares will be adjusted to one-fourth on 20 July.
As ATFX offers Nvidia Corporation shares CFD (#NVDA) price which is derived from Nvidia Corporation shares on the US Exchange, the shares’ price will also undergo stock split.
|
Symbol |
Product |
Corporate Action |
Effective Date |
|
#NVDA |
Nvidia Corporation CFD |
4-for-1 stock split |
20 July 2021 |
The example below describes how #NVDA 4-for-1 stock split affects current holding position
|
Stock Split |
Date |
Type |
Volume (Lot) |
Open price |
|
Before Split |
Before 20 July 2021 |
Buy |
100 |
750.25 |
|
After Split |
After 20 July 2021 |
Buy |
400 |
187.56 |
|
Stock Split |
Date |
Type |
Volume (Lot) |
Open price |
|
Before Split |
Before 20 July 2021 |
Sell |
100 |
750.25 |
|
After Split |
After 20 July 2021 |
Sell |
400 |
187.56 |
Note:
- All pending orders Take Profit/Stop loss/Buy Limit/Sell Limit/Buy Stop/Sell Stop will be DELETED after market closed on 19 July 2021.
- In order to ensure the price stability after the stock split and avoid affecting clients’ transactions. #NVDA will be delayed 5 minutes after market opening on 20 July 2021. That means the trading hours start from 16:38 MT4 system time.
Please feel free to contact us via email: cs.uk@atfx.com if you have any questions.
Sincerely,
ATFX
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