matt_balsh
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Posts posted by matt_balsh
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This has happened to me multiple times, most recently for example, Google's recent 20-1 stock split.
I held Google shares and had a specific profit on that. After the stock split, IG counted it as a "sale of all my shares for $0" and a "purchase of all the new shares for $0".
This is clearly a problem, because now that I have "bought a bunch of google shares for $0", my profit calculation for my overall account is way off. IG should either ignore profit on these shares or figure out a way to correctly determine profit.
Profit wrongly calculates stock split as 100% profit
in IG Technical Support - Platform and App Help
Posted
You're the best! Thats exactly what I was hoping for.
Thanks for linking that to me