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

GameStop stock split

Dear clients!

GameStop has unveiled a plans about 1-to-4 stock split in March. The company’s board of directors approved on July 6, 2022.

This will make the shares of the popular American retail chain selling video game consoles, computer games and gaming accessories even more affordable, since after the split one GameStop share will become 4 times cheaper!

The split will take place on July 21, and from July 22, transactions on the #GameStop tool will open at a new price. Please note that on July 21, 2022:

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

– all open positions on #GameStop 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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FTM Brokers is a fully regulated company, which makes it reliable and trustworthy for Clients and partners. AFTER the entry into force of Decree 231 “on operating in the OTC Forex market” on March 7, 2016, in order to improve the quality of services and increase the security of financial market participants, FTM brokers LLC was registered and included in the register of Forex companies by the National Bank of the Republic of Belarus

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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