IB Hong Kong based accounts transferred to newly formed IB HK

GloriaBrown · Dec 29, 2015

def said:
I am only responding to you as someone else with a tin foil hat may believe your jibber jabber.

You obviously do not do your homework, understand who is and who isn't regulated in HK nor know who offers access to markets other than the US. You might also do some additional digging (hint google or in your case baidu) and check out which of the other firms you mentioned recently announced the closing of their HK and Singapore offices and relinquishment of their licensing.

For our financial health - it is no secret that the IB Group is sitting on over $5 BILLION USD in equity capital, financials are reported publicly quarterly and with monthly metrics you can also get a feel for how things are going on the brokerage side. Nevertheless, if you are so fearful, we do not charge clients to close their account and you are free to do so anytime.

On September 15, 2008, Lehman Brothers filed for bankruptcy. With $639 billion in assets and $619 billion in debt, Lehman's bankruptcy filing was the largest in history, as its assets far surpassed those of previous bankrupt giants such as WorldCom and Enron.

IB is nothing comparing to what Lehman Bothers used to be.

debitspread · Dec 29, 2015

If this guy h8es & fears IB so much, why doesn't he just close his account? What am I missing?

GloriaBrown · Dec 29, 2015

debitspread said:
If this guy h8es & fears IB so much, why doesn't he just close his account? What am I missing?

It is human nature to feel fear when all non HK investments suddenly have zero protection. All these non HK investments will just become zero $$$ if IB HK just melt down.

debitspread · Dec 29, 2015

GloriaBrown said:
It is human nature to feel fear when all non HK investments suddenly have zero protection. All these non HK investments will just become zero $$$ if IB HK just melt down.

You didn't answer the question.

GloriaBrown · Dec 29, 2015

debitspread said:
You didn't answer the question.

IB hasn't show any evidence that it is HK SFC forces/suggests them to move all HK clients accounts to IB HK.

debitspread · Dec 29, 2015

You still didn't answer the question.

GloriaBrown · Dec 29, 2015

debitspread said:
You still didn't answer the question.

Why do I need to answer your question when IB hasn't show any evidence that it is HK SFC forces/suggests them to move all HK clients accounts to IB HK. You ask IB to answer it first.

debitspread · Dec 29, 2015

GloriaBrown said:
Why do I need to answer your question

I'm sure everyone on this and your other similar thread(s) wonders why you're still doing business with a firm you believe is bamboozling you.

GloriaBrown · Dec 29, 2015

debitspread said:
I'm sure everyone on this and your other similar thread(s) wonders why you're still doing business with a firm you believe is bamboozling you.

I haven't made a decision yet because I have no answer of this question:
IB hasn't show any evidence that it is HK SFC forces/suggests them to move all HK clients accounts to IB HK.

If IB can prove HK SFC really did force/suggest them to move all HK clients to HK IB, then ok fine IB should be fine as usual just SFC BS then alright. If HK SFC actually didn't say anything then....you know

debitspread · Dec 29, 2015

GloriaBrown said:
I haven't made a decision yet because I have no answer of this question:
IB hasn't show any evidence that it is HK SFC forces/suggests them to move all HK clients accounts to IB HK.

If IB can prove HK SFC really did force/suggest them to move all HK clients to HK IB, then ok fine IB should be fine as usual just SFC BS then alright. If HK SFC actually didn't say anything then....you know

You already have the "answer of this question" directly from an IB rep. If you require further "proof" you evidently don't believe or trust them, which again makes me wonder why you're continuing to do business.