In this article we cover the following topics:
Why is my position marked as 'delisted'?
When a company is delisted from an exchange, shares of that company are no longer traded on that particular exchange. This can happen by choice when the company decides to go private for example, or involuntarily if the company doesn't meet the exchange filing requirements or the per-share value drops below the exchange minimum, for instance. When you hold a delisted stock, the word Delisted will be added to the stock name in your portfolio.
How to remove a worthless security from my portfolio?
Since holding delisted shares is sometimes not a desirable situation, Saxo can provide some assistance in most cases. If you hold a delisted position and would like to remove it from your portfolio, this is where you can submit your request:
-
SaxoTraderGO: click
> Request Account services > Remove my delisted positions
-
SaxoTraderPRO: click
Read before you submit your request
|