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Upcoming spin-off by Novartis

We want to notify you about Novartis' spin-off scheduled for 04.10.2023. This corporate event will impact only the CFD (NVS).

JFD will not offer the quoting and trading of the newly established company. Hence, all clients who had open positions on Novartis when the market closed on 03.10.2023 will receive the equivalent funds of one share of the newly created entity at the ratio of 5:1. Thus, for every 5 stocks held in the existing company, they will receive the equivalent funds of 1 share of the newly created enterprise.

Should you have any other questions, our friendly, multilingual Client Service is ready to assist you 24/5.