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What happens to a CFD position on a company that gets acquired?


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I have a CFD trade on video game manufacturer Codemasters, which has been acquired by EA Sports. This was announced back in December 2020 but today the acquisition has been completed.

Trading on Codemasters has been suspended today, and I am not sure it'll ever reopen seeing as it's now wholly owned by EA Sports? If this is the case, what happens to my trade?

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Your PNL should be the difference between the acquisition price minus the opening price of the position. Acquisition price should reflect what the shareholders at the time of the deal are entitled to. I would rightfully complain if I am treated differently.

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