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2024-06-20
News IFC Markets
IFC Markets announced changes to its trading operations

IFC Markets announced changes to its trading operations

IFC Markets.IFC Markets announced significant changes to its trading operations due to upcoming corporate events involving Hitachi Ltd. and MITSUI & CO. Ltd.

These changes relate to the stock splits of both companies, as a result CFD trading in #T-6501 (Hitachi Ltd.) and #T-8031 (MITSUI & CO. Ltd.) will be halted effective June 24, 2024.

In preparation for this suspension, all open positions in these stocks will be forcibly closed at the market closing price on June 21, 2024. This measure is necessary to ensure a smooth transition during corporate events and to protect traders from potential market volatility and disruptions.

IFC Markets has indicated that trading in these shares will resume in the future, although a specific timeline for the resumption of trading has not yet been disclosed.

Traders who currently have open positions in the affected CFDs are advised to review their portfolios and take any necessary actions prior to the suspension date.

For further information or assistance, clients can contact IFC Markets customer support.

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