CFDs are a leveraged product and can result in losses that exceed deposits. Trading CFDs may not be suitable for everyone, so please ensure you fully understand the risks and take care to manage your exposure.

What happens to my shares position if the company performs a stock split or consolidation?

If you have a position on a company which performs a stock split or consolidation, we’ll close your original position at its opening level and open a new trade on your behalf. The new position will reflect the ratio of the split/consolidation, ensuring that you don’t gain or lose any capital in the process.

Any attached stops or limits will be adjusted according to the terms of the split/consolidation to ensure your monetary risk remains the same.

Stock split example

Apple announce a stock split at a ratio of 10-1. On the ex-date, you have 100 shares trading at $5 per share.

We close your original position, and open a new one. You now have 1000 shares trading at $0.50 per share – so the total size of your position remains the same.

Please note: This information is intended as a generic example, and subject to change at any point. It may not apply in every scenario.

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