Fortive Corporation (FTV.NYS) Spin-Off of Ralliant Corporation (RAL.NYS)
Effective Monday, 30th June 2025
We would like to inform our clients that Fortive Corporation (FTV.NYS) has announced the spin-off of a new company, Ralliant Corporation (RAL.NYS), which will take effect on Monday, 30th June 2025.
Key Details:
Affected Platform: MT5
Underlying Stock: Fortive Corporation (FTV.NYS)
Spin-Off Entity: Ralliant Corporation (RAL.NYS)
Spin-Off Ratio: 0.3333 RAL shares for every 1 FTV share
Execution Date: Monday, 30th June 2025
Price Adjustment:
From the market open on 30th June 2025, FTV.NYS will begin trading at its post-spin-off adjusted price.
Because RAL.NYS will not be available on our platform, clients holding positions in FTV will be cash-adjusted based on:
The opening price of RAL.NYS on 30th June 2025, and
The entitlement of ⅓ of one RAL share per FTV share
How the Cash Adjustment Works:
Buy (Long) Positions:
Cash Credit = Lot size × Contract size × (RAL open price ÷ 3)Sell (Short) Positions:
Cash Debit = Lot size × Contract size × (RAL open price ÷ 3)
Example:
If you hold 1 lot (100 contracts) long FTV at market close on Friday, 27th June 2025, and RAL opens at $3.00 on Monday:
Cash credit = 1 × 100 × 3 ÷ 3 = $100
→ You will receive $100 in cash
Please Note:
No action is required from your side.
There may be increased market volatility around the effective date.
All eligible accounts will be credited or debited automatically based on position type.
If you have any questions or need further clarification, please feel free to reach out to our support team. We’re here to help.
Thank you for trading with us, and we appreciate your continued trust.