What happens if a stock is delisted?
If a stock is delisted, trading may be restricted or suspended and the treatment of the position will depend on the circumstances of the event.
Where possible, positions may remain held, transferred or sold. The available options depend on market conditions, custody support and operational feasibility.
What happens if a company becomes insolvent?
If a company enters insolvency, liquidation or similar proceedings, the value of its securities may be significantly reduced or become worthless.
Any recovery available to investors depends on the issuer’s capital structure, the insolvency process and the amount ultimately received through the relevant market infrastructure.
Can my stock become worthless?
Yes. In certain circumstances, including insolvency, liquidation or severe financial distress, a stock may lose all of its value.
Where no recovery is available through the relevant insolvency or restructuring process, the value of the position may be reduced to zero.
*Stocks are available in selected countries and are currently limited to existing clients.