Corporate News

28 Jul, 06:39

Important developments on July 30, 2021, due to GE reverse stock split

Dear TeleTrade clients,

General Electric (NYSE: GE) has announced a 1-for-8 reverse stock split. Therefore, following the split, every eight shares will be converted to one with a corresponding increase of price per share by eight times.

The shares will resume trading on a split-adjusted basis at the start of the trading session on Monday, August 2nd, 2021.

To this end, on July 30, 2021, at the end of the trading session, all open positions on GE share CFDs will be switched to "Close Only" mode.

Please close all open positions on that instrument and delete pending orders before the end of the trading session on said date.

All remaining positions on GE will be closed automatically and pending orders will be deleted.

Kind regards,

TeleTrade

 

30 Jun, 18:55

Dear TeleTrade Clients, Please view the following changes to trading sessions of the below CFD instruments on Monday, July 4, 2022, due to US Independence Day: Asset...

30 Jun, 18:50

Dear TeleTrade Clients, Please view the following changes to trading sessions of the below CFD instruments on Friday, July 1, 2022, due to Hong Kong Special Administration Region...

17 Jun, 08:28

Dear TeleTrade Clients, Please view the following changes to trading sessions of the below CFD instruments on Monday, June 20, 2022, due to Juneteenth National Independence Day in the...

08 Jun, 10:37

Dear TeleTrade Clients, Please view the following changes to trading sessions of the below CFD instruments on Monday, June 13, 2022, due to celebrations for the Queen’s birthday...

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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