Mt4/5 is another platform. Most dodgy brokers prefer it as it...

Mt4/5 is another platform. Most dodgy brokers prefer it as it can be manipulated quite easily. MT4 was first designed for FX trading.

All my trading is through TWS.

Ricardo Garrido
Sat 1/12/2018, 3:23 PM
You
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Noted with thanks.

As you been informed Halifax Australia is under Administration. The office is CLOSE. You can send form last Monday or next Monday and no one will receive forms. Ferrier the administrators are in control now and they have taken over Halifax assets. We do not exist anymore as a company. Please email Ferrier Hodgson now and not Halifax.
Thank you and hope this is clearer now.

Ricardo

On Sat, 1 Dec 2018 at 1:44 PM, wrote:
Those forms should have been here yesterday before business hours closed yesterday 30/11/2018 . No wonder Halifax has gone BUST.



I've also been in contact with Morgan Kelly.

From: Morgan Kelly <[email protected]>
Sent: Thursday, 29 November 2018 10:45 PM

Subject: RE: Halifax

Hi

The best first point of contact for investors is Link Market Services via [email protected].

In short, all investor accounts will remain frozen (although investors can close out open positions if they choose to) until our investigations into what investors are owed and how much is available for investors, are complete. Given the legal complexities, this is likely to take some months, and is likely to require directions and orders from the Court.

I understand the frustration of investors not being able to access funds immediately, but it is a complex situation which needs to be worked through.

Regards

Morgan


Hi Morgan,

Thankyou for your reply.

This is now the fourth time I've been screwed by dodgy broker dealings. $100,s of thousands. Everytime its been to do with the broker company either prop trading clients funds or over leveraging positions using clients funds. Has this happened with Halifax?

Morgan Kelly
Fri 30/11/2018, 2:29 PM
You
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It’s too early to give precise feedback as there are several pools of investors and we are reconciling each one.

We’ll have more information at the creditors meetings on Wednesday (Sydney) and Friday (Auckland) next week, and will try to disseminate some data prior to then.

Best regards,

Morgan.

Ends.


There you go. Could be sometime before creditors see a cent, if any. Hope this enlightens you to the situation a little more.

Will you be going to the meeting on Friday?

Halifax Aus actually owns 71% of Halifax NZ. ouch