@olaf_von_pokemon just catching up. under CASS (Client assets Sourcebook) rules all client money has to be ring-fenced and separated from company assets and cash. all has to be reconciled and ready for audit by the FCA at anytime and all must be timely available upon request by the customer. (timely rather than immediate because some stocks and MAFs etc take 5 days from request to complete trade so funds would be returned to customer on 6th day from request.)
@olaf_von_pokemon just catching up. under CASS (Client assets Sourcebook) rules all client money has to be ring-fenced and separated from company assets and cash. all has to be reconciled and ready for audit by the FCA at anytime and all must be timely available upon request by the customer. (timely rather than immediate because some stocks and MAFs etc take 5 days from request to complete trade so funds would be returned to customer on 6th day from request.)