Dear Clients,
The Apple (traded under #AAPL symbol) and Tesla (#TSLA) corporations have announced plans to split their shares in proportion 4 to 1 and 5 to 1 correspondingly. In connection with that, we are asking our clients who have open positions on these instruments to take into account the following information:
In the period from the market close on Friday, August 28 to the market opening on Monday, August 31, the orders on #AAPL and #TSLA will be closed and reopened on the following conditions:
Please note that at the market opening on August 31, the quotes of CFDs on #AAPL will be approximately 4 times lower than the closing quotes as of August 28, while #TSLA quotes will be 5 times lower than the previous closing price.
Sincerely yours,
ForexMart team
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