This is a follow-up post to our Introduction to our new Corporate Action Nudges.
On this post, we will guide you through this new customer delight feature.
Where do you find Corporate Action Nudges?
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This feature will be automatically available on your holdings page whenever any of your purchased stocks undergo a corporate action, such as a bonus issue, stock split, or dividend.
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A speaker icon will appear next to the relevant holding five days before the ex-date, indicating an upcoming or ongoing corporate action.
How do you use this feature?
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Click on the stock where the speaker icon is displayed.
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In the bottom sheet, select the corporate action modal to view information about the upcoming or ongoing corporate action.
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Navigate to the “Upcoming” or “Ongoing Event” tab and click the chevron icon to view the calculated impact based on your current holdings.
How does this feature help you become a better trader or investor?
Personalised calculations based on individual holdings will help users in the following ways:
- Optimising Opportunities: With insights into details such as the announcement date, ex-date, and record date, users can analyse the situation before deciding to buy or sell. This ensures they hold the required number of shares until the ex-date to benefit from the announced corporate action or sell their shares if they believe the event could reduce the stock’s value.
- Portfolio Management: Users can now track potential changes and increase or decrease their positions accordingly.
- Understanding and Anticipating Market Trends: Users can leverage in-app corporate action insights to analyze market directions and position themselves accordingly.
- Strategic Planning: This feature helps investors and traders take informed positions by understanding the potential impact of a corporate action.