Dear Clients,
As Novartis announced that it will spin off its generic drug business Sandos, affected by this, the company's stock CFD product #NVS is set to "can only be closed" from September 19 until further notice.At the time of the spin-off, shareholders will receive 1 Sandos share for every 5 Novartis shares held. However, since our company does not provide CFD products related to Sandos stocks, we will not implement this plan.We strongly recommend that you close your #NVS position before September 22, 2023. At that time, any open #NVS position will be automatically closed at the closing price on September 21.
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