Any company or its share price may be affected by Corporate action. Such events include: rights issue, stock splits, reverse stock splits, mergers, acquisitions, spin-offs and others.
Since the stock CFD or ETF is closely connected to the price movement of the underlying asset, it will also be affected by the corporate action on the underlying asset. Dukascopy Bank will determine the appropriate measures in a commercially reasonable manner to account for the corporate action’s implication. This may include adjustment of positions and prices in order to preserve the economic equivalent of stock CFD or ETF, or to reflect the effect of the event on the relevant underlying asset.
The economic effect on stock CFD or ETF holders will replicate the effects of the corporate action for both long and short positions of the underlying asset.
Due to restrictions implemented by regulatory bodies, stock exchanges or liquidity, shorting of a particular stock CFD or ETF may be restricted.
Clients are solely responsible for checking any available information on corporate actions that that may affect their stock CFD or ETF positions. Dukascopy Bank has no obligation to proactively contact clients holding positions, that may be affected by corporate action.
Please contact your Account Manager or our Support Desk if you need more information on how a particular corporate action may affect your stock CFD or ETF position.
Dukascopy Bank reserves the right to make any correction or adjustment to any type of past corporate action as needed.
|07.06.2021||AAL.GB/GBX||TGA LN||0.1 for 1|
|02.06.2021||MRK.US/USD||OGN-W US||1 for 0.1|
|28.04.2021||TPK.GB/GBX||WIX LN||1 for 1|
|19.03.2019||FOXA.US/USD||21CF||1 per 3|
|Ex-date||Instrument||Right To Purchase||Rights ratio||Subscription Price|
|4.06.2021||VRK.FR/EUR||VRK.FR/EUR||37 per 8||5.66 EUR|
|16.11.2020||SAN.ES/EUR||SAN.ES/EUR||1 per 23||0|