haroldsxxx
Registered User
- Messages
- 14
Why would a deposit guarantee scheme be applied to investments?the guarantee will be similar to that of other banks (100k) (?)
Good point. But I guess there are regulatory guarantees offered to holders of investments - in cases where a firm collapses - and that these vary from member state by member state? My main question is whether Degiro being bought out by a German investment firm with a banking licence strengthens (or weakens) the security of individual Irish investor holdings?
Was there not a very comprehensive discussion on this topic of investment brokers going bust, the consensus was that stocks held in custody accounts are not the property of the broker and therefore cannot be liquidated by a liquidator. In any case are not stocks in degiro held by a secondary entity and not be degiro itself
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