20-for-1 Amazon stock split

Dear clients,

Please be informed that the #AMZN trading asset parameters will change due to an Amazon stock split.

Amazon's Board of directors approved a 20-for-1 #AMZN stock split. It will take place on 6 June 2022, before the US trading session’s opening.

Accordingly, the price of #AMZN shares will reduce 20 times after the split.

Please note that from now on and until this trading week's closure, you cannot open new trades in #AMZN. The placed pending orders will not be triggered in the "close-only" mode.

If you have open positions in #AMZN, please adjust your SL and TP levels and delete your pending orders before the stock split.

If you have open positions, please note:

1. The volume of open market positions will be increased 20 times at the split moment.

2. The market entry price for open trades will be reduced 20 times at the split moment.

3. Any Stop Loss/Take Profit on open positions will be removed at the split moment.

4. Current open trades can be closed manually.

5. All pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop, Buy Stop Limit, and Sell Stop Limit) will be removed at the split moment.

6. The trading asset with updated parameters can be traded without any restrictions from Monday, 6 June 2022.

Best regards,

LiteFinance