Dear Clients,
We would like to inform you that due to the stock split* procedure, scheduled by Nvidia, all open positions in NVDA.US instruments will be automatically closed on 19 July at the close of trading, pending orders will be deleted.
This means that if nothing unexpected happens between the close of the trading session on Monday 19 July and the opening of the trading session on Tuesday 20 July, the opening price of the instrument will be changed according to the stock split ratio, namely 4:1 (NVDA.US).
For example, if NVDA.US price is 800 USD at the close of the session, on Tuesday, the price per share will be changed to 200 USD.
*A stock split is an increase in the number of shares that are outstanding by issuing more shares to current shareholders. The price per share, in this case, decreases proportionally.