Since this is a technical process on the stock exchange, there may be book-ins and book-outs, which are carried out after the release of the corporate action and receipt of the new shares. The prices are then corrected accordingly.

In contrast to a split, a reverse split of stocks may be necessary if the stocks of a company are traded at very low stock exchange prices. Here, too, your share in the company does not change, as the capital share is merely distributed among a smaller number of stocks after the reverse split. The value of the individual stock usually increases in line with the ratio of the reverse split.

The examination of any trading requirements of the stocks after such a corporate action depends on the stock exchanges. As this is a multi-layered process, we are generally unable to give a binding indication as to when the shares will be tradable in the Scalable Capital Broker.