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Split announcement for stock derivatives, March 2023

The stock split is a corporate action companies apply to improve trading liquidity and make the stock seem more affordable. When a company decides to split their stocks, the count of outstanding stocks will increase according to the split ratio and decrease the price by the same proportion. If you hold a stock derivative of a company that applies for a split, your open orders will be reopened with volume and opening price according to the split ratio. The new order's opening price is rounded in favour of the client: down for BUY orders and rounded up for SELL orders. All pending orders, including Take Profit and Stop Loss, will be deleted for assets to which the split is applied

Please note: the start of the trading session for these assets will be moved 15 minutes forward to protect our clients from possible non-market conditions. 

Split will be applied to the following instruments:

Instrument

Split Ratio

Ex-split date

OL.TSE

5:1

30 March 2023

TKY.TSE

3:1

30 March 2023

Please note that trading carries a high level of risk to your capital.

 

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