Dear clients,
We would like to inform you that due to upcoming stock split* by Google, all open positions in GOOG.US instruments will be automatically closed and pending orders will be deleted on July 16 after the close of the trading session.
This means that the opening price of the instrument will be changed according to the stock split ratio, namely 20:1.
For example, with the current GOOG.US price of $2400 per share, the new price after the split will be $120.
*A stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to current shareholders. The price per share, in this case, decreases proportionally.