the halifax nz parent went into administration... anyone has more information regarding this? all my asx stocks are with them... arrrr....
are the cash accounts segregatted ? they used to chase me couple yrs back but i neww all the people involved with the company have been with many similar companies gone bust
Just spoke to a source, apparently segregated and insured(obviously all frozen at the moment though), gutted and didn't see it coming, only found out yesterday.
Just spoke to a source, apparently segregated and insured(obviously all frozen at the moment though), gutted and didn't see it coming, only found out yesterday.
I'm 100% cash (in US$) with Halifax, anyone have an idea where my account stands?
I'm giving Hatch a go. They seem ultimately owned by Kiwibank / NZ Govt so am sure we will be OK.
Anyone else have more insights?
they sure look interesting. I'm signed up but haven't committed funds yet.
Sadly I have virtually no exposure to the US markets and the next few months seems like a good time to alter that, except of course the exchange rate is poor.
I was just reading some Craigs output and they are big fans of the US economy Iit was the only geographical sector they were actually positive on.
But I will be pretty cautious , competing with Wall Street wont be easy.
Reply With Quote
Originally Posted by babymonster
Bookmarks