Thank you, Padutrader! It is amazing to learn that in India, thousand miles away from US, where regulated electronic trading was born, you can check online for the exchange's registration of your trade.In India,once a trade is confirmed by the broker, you may check online with the exchange and see if your trade was actually executed in the exchange records....i am not sure this can be done in others countries but you can check:if that is true you can even now get proof of fraud by checking with the exchange
But not in the Bahamas.
One of the fresh documents we are having now in our possession, after discovery stage is almost completed in the Supreme Court, is the affidavit, sworn by UBS, where among others, they are declaring to not having even one official broker-dealer note from NYSE, where we were made to fraudulently believe our trades were executed.
Again, we are in the Bahamas and sadly, the judge in the Supreme Court did not direct yet this issue to the Attorney General for investigations, as it would be in USA, UK, Canada and probably in India as well?
Well, little by little, but the harm of this type of fraud is not only on a missed profit but in the time when you are supposed to have been trading on the market, but in reality you were just trapped in a kind of virtual reality created by your brokers: UBS and Credit Suisse, in this case.
We, retail traders, are certainly lacking many items available to the sell side markets participants. But we are this flexible force, that make the markets move and its real price and value to be discovered and affirmed. We can not understand the real boards of the field, trust and respect to the industry regulations are fundamental. And then what? In a case like ours, you found yourself swimming in the pool, while you believed yourself to be in the ocean. Can ever the experience be the same? Who has calculated the damages this artificially created reality has infrared on us?
This is only one, out of our claims against UBS and Credit Suisse, but certainly it is very important to be fairly decided for us and for the luck of all retail traders.