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SVS Securities - shut down?

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  • rugby7170
    rugby7170 Posts: 39 Forumite
    Seventh Anniversary 10 Posts Name Dropper Combo Breaker
    Thanks snipkin.
    NOTE: I JUST GOT THROUGH TO ITI DEALING STRAIGHT AWAY ON THE LSE website phone number: 0203 889 8355.
    Roland picked up quickly. Sold 4 of my holdings . Will settle on Wednesday. He will email me a withdrawal form. All very straightforward. He said although I can see a Phoenix account with all my stuff, it's not fully operational yet. When it is I will be able to deal online. 
    Very relieved to have sold a few shares. Will feel even better when the cash is in my bank account
    GLA 
  • johnburman
    johnburman Posts: 727 Forumite
    Part of the Furniture 500 Posts
    1   I can now receive the two part authentication number-  they all of a sudden started sending them to me
    2 - i phoned the dealing desk and bought some ETfs.  All done manually by a nice dealer.  Who charged me £7.95 commission.  No it does not show up anywhere; and no my cash balance has not been reduced and no I do not have a Contract Note and my figues on my account make no sense at all,but on the 'phone I bought something.  And yes it too 15 minutes and yes he told me he needed 3 screens ot do it and yes he confirmed it was my ISA (this took him 5 minutes to find out).

    I asked him about transfers and he said he was the delaing desk and knew nothing about nothing other than delaing.


  • snipkin
    snipkin Posts: 75 Forumite
    Part of the Furniture 10 Posts Name Dropper
    When I got through to the dealing desk this morning what surprised me was how quiet and peaceful it seemed there. I assumed there would be a hive of frantic activity going on in the background. But it was like the dealer had been sitting there most of the morning just looking out of his window on a very quiet day, nothing much going on......
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    snipkin said:
    When I got through to the dealing desk this morning what surprised me was how quiet and peaceful it seemed there. I assumed there would be a hive of frantic activity going on in the background. But it was like the dealer had been sitting there most of the morning just looking out of his window on a very quiet day, nothing much going on......
    Probably because there'll be working from home........... ;)
  • My2penneth
    My2penneth Posts: 807 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    1   I can now receive the two part authentication number-  they all of a sudden started sending them to me
    2 - i phoned the dealing desk and bought some ETfs.  All done manually by a nice dealer.  Who charged me £7.95 commission.  No it does not show up anywhere; and no my cash balance has not been reduced and no I do not have a Contract Note and my figues on my account make no sense at all,but on the 'phone I bought something.  And yes it too 15 minutes and yes he told me he needed 3 screens ot do it and yes he confirmed it was my ISA (this took him 5 minutes to find out).

    I asked him about transfers and he said he was the delaing desk and knew nothing about nothing other than delaing.


    Give it 3 or 4 days and you should see your buys turn up/ visible in your SC account. If you then click on the eye next to the share it will give a reference number.
  • johnburman
    johnburman Posts: 727 Forumite
    Part of the Furniture 500 Posts
    My2penneth I should not have to wait 3 of 4 days. Not 3 or 4 minutes or hours, 3 or 4 seconds maybe.  And a small PS, the traders, or at least mine was not working from home.  He had a colleague there and had to ask him a question.  
  • eskbanker
    eskbanker Posts: 37,385 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    he said he was the delaing desk and knew nothing about nothing other than delaing.
    Is there a 'y' missing there? ;)
  • johnburman
    johnburman Posts: 727 Forumite
    Part of the Furniture 500 Posts
    es there is!  
  • johnburman
    johnburman Posts: 727 Forumite
    Part of the Furniture 500 Posts
    Actually now I think about it no there is not, its dealing.  Maybe being locked out of you r own money for 13 months and holding on the phone for an hour gives you dyslexia. 
  • masonic
    masonic Posts: 27,360 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If I had any reason to phone ITI and ended up getting through to their dealing desk where I was told they know nothing other than dealing, I don't think I could resist checking they didn't say delaying. Having said that, the delaying desk at ITI would be a lot busier.
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