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  • FIRST POST
    • MK62
    • By MK62 3rd Aug 19, 6:05 AM
    • 467Posts
    • 344Thanks
    MK62
    SVS Securities - shut down?
    • #1
    • 3rd Aug 19, 6:05 AM
    SVS Securities - shut down? 3rd Aug 19 at 6:05 AM
    I tried to access my account this morning and it just times out (eventually).

    There are some rumours online that it shut down yesterday, but it's not exactly plastered all over the place, and I've never heard of the sites carrying the rumours (so no idea how reliable they are).

    https://www.shareprophets.com/views/44019/breaking-svs-securities-shutting-down

    https://www.valuethemarkets.com/2019/08/02/svs-securities-another-broker-bites-the-dust-how-much-trouble-is-aim-in/

    I did a quick search on here but came up with nothing.....this kind of thing is usually on here pretty quickly though tbh....
    Last edited by MK62; 03-08-2019 at 6:12 AM. Reason: Added links
Page 26
    • masonic
    • By masonic 18th Sep 19, 7:50 PM
    • 12,307 Posts
    • 9,930 Thanks
    masonic
    Posted at 8.32 PM UK time....showing as 7.31 PM.
    Originally posted by manorhouse
    Showing as 8:31 for me. There is a problem with the time zone settings on your forum profile or your computer/device.
    • bowlhead99
    • By bowlhead99 18th Sep 19, 8:00 PM
    • 9,226 Posts
    • 16,808 Thanks
    bowlhead99
    and once they have finished their assessment and get into the distribution process, they are entitled to take their costs of dealing with and distributing the client assets and pool of cash, out of the client assets and pool of cash.
    We know with Beaufort they just paid the the administrates directly and negotiated a discount by doing so why do you think they will not do the same here ?
    Originally posted by manorhouse
    Do you know the company has enough money to pay the administrators directly? The administrators put the rules in the FAQ, to help customers understand what could occur.
    Posted at 8.32 PM UK time....showing as 7.31 PM.
    Showing as 8.31 PM for me.

    I don't control your computer or phone's region settings or timezone, or your web browser, or what you have set in the settings menu within your forum account control panel, but I did post a link to the control panel in a previous post, in response to your earlier question about it. Post #473 in response to your post #472.
    • englishmas
    • By englishmas 19th Sep 19, 7:22 AM
    • 29 Posts
    • 4 Thanks
    englishmas
    Thanks for your suggestion, I will write to the FOS investigator again.
    • manorhouse
    • By manorhouse 19th Sep 19, 8:13 PM
    • 26 Posts
    • 1 Thanks
    manorhouse
    Showing as 8:31 for me. There is a problem with the time zone settings on your forum profile or your computer/device.
    On a public computer settings fine.. maybe the forum profile your post masonic shows on my screen as 7.50 pm did you post @ 8.50 pm

    Do you know the company has enough money to pay the administrators directly? The administrators put the rules in the FAQ, to help customers understand what could occur.

    Beaufort had no money to pay anyone , its known the FSCS paid the bill .
    • manorhouse
    • By manorhouse 19th Sep 19, 8:43 PM
    • 26 Posts
    • 1 Thanks
    manorhouse
    I have a couple of corporate actions going on i notice Charles Taylor & QFI.
    First an offer so might be ok .
    Second an OO. ques i can not take part ?
    • masonic
    • By masonic 20th Sep 19, 5:56 AM
    • 12,307 Posts
    • 9,930 Thanks
    masonic
    maybe the forum profile your post masonic shows on my screen as 7.50 pm did you post @ 8.50 pm
    Originally posted by manorhouse
    Yes, I posted at 8:50 pm. These are the settings you need:


    If you have further problems, start a thread in Techie stuff so this thread can be kept to discussion in relation to SVS.
    • manorhouse
    • By manorhouse 20th Sep 19, 12:30 PM
    • 26 Posts
    • 1 Thanks
    manorhouse
    Yes thanks for confirming masonic.
    i was just pointing it out as others will see same, it does not bother me enough to change it.
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