We want to notify you that on 23/04/2021, the stock of ST S&P 500 VIX Series B (Ticker: VXXB.L) will undergo a reverse split at the ratio of 1:4 (for every four shares, the investors will receive one share, and the current share price will increase four times). This corporate event will impact the CFD instrument available for trading in JFD’s platforms.
Therefore, we will perform the necessary adjustments to any open positions in the respective instruments. If you have associated pending orders (including Stop Loss and Take Profit levels), you should close them by 23/04/2021. Otherwise, we will do it before the market opens on the date of the split.
As it won’t be possible to consolidate any position with less than four shares, if you hold such, you will need to close it before 20:30 server time (as shown in your terminals) on 22/04/2021. Otherwise, we will do it for you at the last available price.
In the meantime, you may visit JFD Research to read the latest news and analysis of the financial markets with plenty of actionable insights published by our experts.