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Traders Beware!
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Upcoming reverse split of GE’s stock

We want to notify you that on Monday (02/08/2021), the stock of General Electric Co will undergo a reverse split at the ratio of 8:1 (for each 8 shares, the investors will receive 1 share, and the current share price will increase 8 times). This corporate event will impact both the physical instrument (GE.) and its CFD equivalent (GE) available for trading in JFD’s platforms.

Therefore, we will perform the necessary adjustments to any open positions in the respective instruments. If you have associated pending orders (including Stop Loss and Take Profit levels), you need to close them by 30/07/2021. Otherwise, we will do it for you before the market opens on 02/08/2021.

In the meantime, you may visit JFD Research to read the latest news and analysis of the financial markets with plenty of actionable insights published by our experts.