IG warns traders about delisting of Twitter US stock
IG Securities, the Japanese subsidiary of online trading major IG Group, today issued a notice regarding the delisting of US stocks of Twitter.
The broker notes today’s announcement that the US stock of Twitter Inc (NYSE:TWTR) will be delisted on October 28, 2022 (Friday) due to the acquisition of the social network.
As a result, October 27th (Thursday) will be the final trading day for these stock CFDs.
After October 28, 2022 (Friday), if you have a position in the relevant issue, you will not be able to settle it yourself. All pre-orders will also be deleted.
New orders and payment orders will be available during trading hours (Japan time: 17:00 to 9:00 the following day) on Thursday, October 27, 2022.
The unsettled positions will be settled at the acquisition price of US$54.2 per share after October 28, 2022 (Friday).
Traders that have any questions regarding this matter are advised to contact IG’s support desk.