Dear clients,
Please be informed that the #GOOG trading asset parameters will change due to an Google stock split.
Google's Board of directors approved a 20-for-1 #GOOG stock split. It will take place on 15 July 2022, after the US trading session’s closing.
Accordingly, the price of #GOOG 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 #GOOG. The placed pending orders will not be triggered in the "close-only" mode.
If you have open positions in #GOOG, please adjust your SL and TP levels and delete your pending orders before the stock split.
If you have open positions, please note:
- The volume of open market positions will be increased 20 times at the split moment.
- The market entry price for open trades will be reduced 20 times at the split moment.
- Any Stop Loss/Take Profit on open positions will be removed at the split moment.
- Current open trades can be closed manually.
- 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.
- The trading asset with updated parameters can be traded without any restrictions from Monday, 18 July 2022.
Best regards,
LiteFinance
