Home Uncategorized RoboMarkets important information regarding NVIDIA stock split on July 20th, 2021

RoboMarkets important information regarding NVIDIA stock split on July 20th, 2021

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On July 19th, 2021, NVIDIA Corporation NASDAQ NVDA will have its stock go through a 4 to 1 split.A stock split is a corporate action, as a result of which the company increases the number of issued shares by a specific multiplier.The value of the portfolio consisting of these shares remains the same.How it will influence positions and orders?If you have open positions in NVDA or plan to open such positions, please pay attention to the following changes, which will be effective as of July 20th, 2021MetaTrader 4 MetaTrader 5 real accountsAll pending orders Buy Limit, Buy Stop, Sell Limit, Sell Stop, Buy Stop Limit, Sell Stop Limit, Stop Loss, and Take Profit in NVDA will be canceled before the trading session starts on July 20th, at 431 PM server time.The opening price for all positions in NVDA on the account active on July 20th, at 300 PM server time will be divided by 4.The volume of all open positions in NVDA on July 20th, at 300 PM server time will be multiplied by 4.MetaTrader 4 MetaTrader 5 demo accountsAll pending orders Buy Limit, Buy Stop, Sell Limit, Sell Stop, Buy Stop Limit, and Sell Stop Limit in NVDA will be canceled before the trading session starts on July 20th, 431 PM server time.All open positions in NVDA will be closed before the trading session starts on July 20th.R Trader accountsThe split procedure will take place on July 20th, at 300 PM server timeDuring the split procedure, all active pending orders Buy Limit, Sell Limit, Stop Loss, and Take Profit…