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Upcoming spin-off by Siemens

We want to notify you about the upcoming Siemens’ spin-off scheduled for Monday (28/09/2020) resulting in the establishment of Siemens Energy as a new legal entity.

Instead of allocating the applicable number of Siemens Energy’s shares to all clients who will be holding open positions on Siemens’ stocks at market close on the previous day (25/09/2020), JFD will transfer the monetary equivalent of such shares to the live trading accounts of the respective clients according to the size of their open positions, due to the fact that JFD does not offer trading and quoting of that symbol.

You may read more about the spin-off on Siemens’ website.