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Halifax broker gone into administration, page-17

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dmurphydrtc

364 Posts.

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13/02/19

09:06

Post #: 37418451
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Originally posted by Paddywagon1982: ↑

Guys This is a bit off topic- but I've a 6 figure sum invested through Halifax Australia - I had used Halifax as broker to buy shares in a few mining companies. They went into administration last week and I can close my trade, but I'm reluctant to do so as cash will go back to Halifax and they have frozen all accounts. Is there anyone out there with any good recommendations for alternative brokers or how can I get my investments transferred from Halifax to a new broker? Any advice greatly appreciated- I think investment funds are segregated and protected however I'm a bit reluctant to leave the investments there

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This from smh. Is this 2019 and this bullshit still goes on?

https://www.smh.com.au/business/banking-and-finance/nearly-60-million-in-customer-money-mixed-up-at-collapsed-broker-20190212-p50x9a.html
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