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Note the change in the rules for opening orders in the period from 28 to 31 August

August, 20 2020


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:


  • #AAPL: all market orders will be closed and new orders of the volume 4 times bigger than the previous ones will be opened at the price 4 times lower than the previous price. At the same time, all pending orders, as well as take-profit and stop-loss orders will be canceled.

  • #TSLA: all market orders will be closed and new orders of the volume 5 times bigger than the previous ones will be opened at the price 5 times lower than the previous price. At the same time, all pending orders, as well as take-profit and stop-loss orders will be canceled.

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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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.