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IC Markets is an Australian broker founded in 2007. Regulated by ASIC, this broker enables segregated client accounts protected by the National Bank of Australia. IC Markets is famous for its spreads starting from 0.0 pips, as well as for instant order execution through Equinix NY4 and LD5, and liquidity providers. This broker is highly recommended by professional traders who prefer exotic investment methods, such as ZuluTrade, and MyFxBook, as well as exotic tools (market depth analysis, closing trades by templates, etc).

News IC Markets

June 6, 2022 in 09:00

ic-markets-razdeleniye-aktsiy-amazon-image

Amazon (AMZN.NAS) Stock Split

Dear Trader,

Please be informed that Amazon (AMZN.NAS) has scheduled a 20-for-1 stock split for the 6th of June 2022.

This means that the common stock of AMZN.NAS will be trading at the split-adjusted price from market open time on the 6th of June onwards.

In essence, the number of shares will be multiplied by 20; whereas the price per stock will be divided by 20.

For example; In regards to client trades, if a client has bought 1 share at the price of 2,500 USD, they will now have 20 shares priced at 125 USD each after the split.

For more information on this, visit the following link to Amazon’s Proxy Statement, starting on page 24 .

Please do not hesitate to reach out to our customer support team with any questions or concerns you may have.

Kind Regards,

IC Markets Team