What is an escrow position?

Any symbol ending in ".ESC" (Escrow) or ".CVR" (Contingent Value Right) represents a non-tradable Escrow entitlement (potential future distribution) resulting from a corporation action, for which there is no ETA on a payment (if any) and any updates regarding the situation would be announced by the company and/or their transfer agent. The ".CVR" position cannot be removed or closed. The ".ESC" position can be removed from the account through the Dollar for Lot process. Holders will retain the position in the account until the position allocation is made (if any further adjustments are needed) or until the position is removed as worthless by the Depository.

Powered by IBot
About escrow account for sanctioned securities
How do I transfer U.S. government securities to my IBKR account?
How are dividends paid out?
Why do I have an escrow account?