[UCO position change, but I don't know why!]

54 minutes ago, CharlotteIG said:

This stock has a consolidation. This is when the company will offer you 1 share for every 25, for example. 

We don't have control over these but we have to adjust when these are announced. 

All the best 

Hello CharlotteIG,

Does this consolidation happens to ETF traded on spreadbet accounts as well?

Is it applied  demo accounts (CFD/spread bet) too?

Regards,

Ramzi.

 

[UCO position change, but I don't know why!]

Thank you @saffertrader and good luck for u too. I've tried to call but no answer.

If you got any answer please share it with us on this thread.

[UCO position change, but I don't know why!]

Hello Guys,

I opened two position on the ETF UCO  on CFD account  at the price of around ~2.0 holding 5K shares.

But today my position has changed (as attached below) to be holding only 200 with price ~50.0.

Can someone please tell me what has happened here?