Nvidia has announced a 1:10 stock split, effective Monday, June 10th.
What’s affected:
- MT5 platform
- cTrader platform
Starting from Market open hours on the 10th June, NVDA.NAS will quote with post-split price and the historical Chart will be adjusted to post-split prices.
Will my position be affected?
- All NVDA.NAS open positions on 7th June EOD will be increased by 10 folds, they will get 9 additional lots for every lot of holding. e.g. 1 lot will become 10 lots.
- For positions that exceed the maximum (1000 lots) after the split, you will see a new trade with excess volume. E.g. (a 200 lots position will become two 1000 lots positions)
- The floating PnL will remain unchanged as the open prices will be adjusted accordingly.
In short, there is no need for any action.
Beware of the market risk and increased volatility during the period. If you have any questions or need further clarification, please do not hesitate to reach out.
Thank you for your cooperation.
Please note, these changes won’t affect OQtima’s operational hours. Our team will still be on hand to provide our stellar support if you need us.