Reverse Split VXX.ETF

21-08-2017 09:11
On 23 August before the opening of the market on the VXX.ETF will be re-split 1 for 4, that is, the number of contracts will decrease 4-times, and the price of the instrument at the opening will increase 4-times.

When the clietns holds more than one open position, the new position will aggregate to one position. If clients position are not a multiple of four, say 0,19 contract, you will get 0,04 reverse adjusted shares and a cash payout for the 0,03 remaining pre-split contrant.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
74% 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 risk of losing your money.