re: attention butcherano - cfds/rights Hi butcherano - good to have you back
My reading of IG's Disclosure Document - Clause 21. Adjustments and takeovers, is that they replicate the effect of the "Corporate Event" (i.e. in this case a Rights Issue) on someone having an interest in those securities. Clause 21b referes to rights.
I'm just not sure what that means and if it means they allow you to "buy" the equivalent number of CFDs to what you would get with the rights to actual shares - I would be surprised - but pleased.
I must get onto them to see what the situation is - I had assumed that they wouldn't do it. Thanks for making me have another look.
Cheers
H
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