Dear Clients,
We inform you about upcoming changes in the parameters of the #WMT trading instrument in connection with the split of Walmart shares.
Walmart's Board of Directors has approved a 3-for-1 stock split of #WMT, scheduled for February 26, 2024, after the close of trading in the United States.
Therefore, the price of #WMT shares at the time of the split will be reduced by three times in proportion to the split.
If you have #WMT open positions in, please keep in mind:
The volume of positions already open at the time of the split will be increased by three times in proportion to the stock split.
The entry price for open orders will be reduced at the time of split by three times in proportion to the splitting of shares.
Stop Loss / Take Profit orders for open positions will be removed at the time of the split.
Current open positions 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 time of the split.
#WMT shares with updated parameters will be available for trading without any restrictions on February 27, 2024.
Yours faithfully,
LiteFinance team



