Notification about General Electric reverse stock split on July 30th, 2021

Dear Clients!
On July 30, 2021, General Electric will carry out a 1: 8 reverse split of its shares (#GE).

If you have open positions in #GE or you are planning to open them, pay attention to the changes that will occur on 08/02/2021.

For real MetaTrader 4 accounts:
• The opening price of all open positions in #GE will be multiplied by 8.
• The volume of all open positions in #GE will be divided by 8.
• If the volume of a position in #GE is not a multiple of 8, the account will have an new position with a volume that is a multiple of 8, and the remaining shares will be sold at the last price of the trading session on July 30.
• All pending orders in #GE: Buy Limit, Buy Stop, Sell Limit, Sell Stop, Buy Stop Limit, Sell Stop Limit, Stop Loss, and Take Profit will be canceled before the trading session starts on August 02. If you have placed pending orders, then you need to restore them by yourself.

On demo accounts MetaTrader 4:
• All positions opened in #GE will be closed on August 02 before the opening of the trading session.
• All pending orders in #GE: Buy Limit, Buy Stop, Sell Limit, Sell Stop, Buy Stop Limit, Sell Stop Limit, Stop Loss, and Take Profit will be canceled before the trading session starts on August 02. If you have placed pending orders, then you need to restore them by yourself.

We also strongly recommend to check the status of your trading accounts. If you have any questions, please contact NPBFX customer support or your personal manager.