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Guaranteed Stops


Guest Nem

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Guest PandaFace
6 hours ago, Guest Nem said:

What happens if a stock I'm trading with a Guaranteed Stop, is de-listed? Is the guaranteed stop honoured by IG Markets?

All OTC with IG. Nothing related or similar in the underlying market so should be honoured. Worth noting if a stock delists then it could take ages to liquidate and finalise by creditors tho. 

If it delists because it’s boufht out that’s a different matter. It’ll be filled at the price the underlying market delists it as... however assumethis isn’t what you’re talking about as buy outs are usually higher than the market price. 

On second thoughts maybe you’re talking about a short with a G stop. 

Either way yes... as above

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