xysoom Kıdemli Üye

Kayıt Tarihi: 13-Kasım-2019 Gönderilenler: 495
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Gönderen: 22-Nisan-2021 Saat 10:27 | Kayıtlı IP
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Updates on Liquidation of Broker HALIFAX
Recently, based on the liquidation announcement
pertaining to HALIFAX (a retail forex broker
headquartered in Sydney, Australia), its funding gap of
compensation for its bankruptcy has been up to USD 34.51
million. It is predicted that a verdict on proceedings
for clients funds will be issued in several months.To get
more news about
WikiFX, you can
visit wikifx.com official website.
Can investors successfully get their money back?
Given the shortage of clients funds, the situation
may occur where investors cannot receive their total
trust assets whereas they all are possible to get the
majority of their funds.
Distribution of the amount received by investors is
based on the issues under the ongoing deliberation of the
court, including the date of award for compensation and
whether the distribution is conducted based on the orders
of closing positions.
When can investors receive the compensation?
Progress of the fund distribution depends on various
factors, involving court decisions and the date for sales
of assets, costing at least six months after the receipt
of the courts final decision. This means that liquidators
can only commence their adjudication procedure following
the final hearing and all relevant directions of the
court issued.
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