The possibility of making profit is inextricably interwoven with the risk of losses. Initiation of transactions with non-deliverable OTC financial instruments has a high degree of risk and can lead to losses up to the whole loss of deposited margin. Risks warning

Google stock split

Dear clients!

The board of directors of Alphabet Inc. decided on 1:20 stock split in February 2022. The last time the splitting of shares was performed in 2014 in 2:1 ratio, when the company’s share price exceeded $1,000.

Since then, the value of one share has risen beyond $3,000 in 2021 and, after a rollback, is now worth more than $2,200.

Without a doubt, the upcoming split will attract a new flow of investors to one of the most popular technology giants in the world. After all, one Alphabet share will become 20 times cheaper at once!

The split will take place on July 15, and from July 18, transactions on the #Google tool will open at a new price. Please note that on July 15, 2022:

– the #Google tool will be switched to the “Close Only” mode;

 all open positions on #Google must be closed by clients no later than 22:55 server time in accordance with clause 17.4 of the “The procedure for submitting, processing, and executing client orders to fix the price of the underlying asset when performing transactions with non-deliverable OTC financial instruments”;

– transactions that remain open will be forcibly closed by the company at the closing prices of the session.

Please take this information into account when planning your work on the Forex market.

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Risk disclaimer:  Please note that the possibility of making a profit is inextricably linked with the risk of losses.
Initiating transactions with non-deliverable OTC financial instruments has a high degree of risk and can lead to losses up to the loss of the entire Deposit.
Making transactions with non-deliverable OTC financial instruments does not imply the transfer of ownership and other rights to the underlying assets.
FTM Brokers warns that the information contained on this website should not be considered as a recommendation for making transactions with non-deliverable OTC financial instruments.
The results of transactions with non-deliverable OTC financial instruments in the past are not a guarantee of future successful operations.

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