W webtax Registered User Messages 523 7 Oct 2008 #1 Was wondering if any other fexco clients received a letter from Fexco re this? As the letter states, "this means your assets will no longer be held by fexco." In light of the current market turmoil how safe are assets held by Pershing?
Was wondering if any other fexco clients received a letter from Fexco re this? As the letter states, "this means your assets will no longer be held by fexco." In light of the current market turmoil how safe are assets held by Pershing?
S Sunny Registered User Messages 4,571 8 Oct 2008 #2 Aren't they partly owned by Bank Of New York? They are very big and offer the services to alot of UK brokers as well. I imagine they are perfectly safe
Aren't they partly owned by Bank Of New York? They are very big and offer the services to alot of UK brokers as well. I imagine they are perfectly safe
E efm Registered User Messages 935 8 Oct 2008 #3 It's probably along the same lines as Sharewatch are doing: http://www.askaboutmoney.com/showpost.php?p=690288&postcount=31 I wonder will it result in back office job losses in Fexco Stockbroking?
It's probably along the same lines as Sharewatch are doing: http://www.askaboutmoney.com/showpost.php?p=690288&postcount=31 I wonder will it result in back office job losses in Fexco Stockbroking?
N nuac Registered User Messages 302 15 Oct 2008 #4 Pershing provide this service to clients of a number of Irish stockbrokers, and have done so for some time.
Pershing provide this service to clients of a number of Irish stockbrokers, and have done so for some time.