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3 posters
Capital Trust Broker in difficulty?
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
ruwan326 likes this post
ruwan326- Posts : 1744
Join date : 2016-09-29
Age : 46
Location : Horana
අයියෝ සල්ලි 
කිත්සිරි ද සිල්වා likes this post
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
So far, no one has responded to my emails or SMS, and I'm still stuck with a very low purchasing power allocation.
I'm thinking about switching brokers. Do you have any suggestions?
Please let me know.
Thanks.
I'm thinking about switching brokers. Do you have any suggestions?
Please let me know.
Thanks.
_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
ruwan326 likes this post
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
Just a quick update to keep everyone in the loop.
The Broker says that they are unable to adjust the buying power allocation on the ATRAD platform manually.
That means in simple terms that the broker is broke and they are unable to settle.
Please be careful, if you are dealing with the same broker.
I consider taking legal action against them in addition to reporting them to the CSE.
The Broker says that they are unable to adjust the buying power allocation on the ATRAD platform manually.
That means in simple terms that the broker is broke and they are unable to settle.
Please be careful, if you are dealing with the same broker.
I consider taking legal action against them in addition to reporting them to the CSE.
_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
ruwan326 likes this post
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
Only those who are interested will be kept in the loop.
The matter was reported to CSE and they have acknowledged receiving my written complaint.
Will revert back after conducting an inquiry into the alleged malpractice by the broker.
The matter was reported to CSE and they have acknowledged receiving my written complaint.
Will revert back after conducting an inquiry into the alleged malpractice by the broker.
_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
slstock- Veteran
- Posts : 6216
Join date : 2014-06-12
CT is broker who platey huge games at CSE. It no secret.
There pet promo shares
a) EXPO was Rs 400 few months ago. Now Rs 148.
b) BIL was Rs 17 now Rs 5.3
c) LOLC Rs 1400 now Rs 400+
d) LOFC Rs 40 now Rs 5.6
etc etc
I am sure there are ot of people who they gave credit or in margin in huge mess now.
Also CT buys shares in their personal accounts. ( right or wrong)
So there is no guessing CT is in big toruble with this downfall.
They will try to push up their PET shares at any opportunity with market greens
There pet promo shares
a) EXPO was Rs 400 few months ago. Now Rs 148.
b) BIL was Rs 17 now Rs 5.3
c) LOLC Rs 1400 now Rs 400+
d) LOFC Rs 40 now Rs 5.6
etc etc
I am sure there are ot of people who they gave credit or in margin in huge mess now.
Also CT buys shares in their personal accounts. ( right or wrong)
So there is no guessing CT is in big toruble with this downfall.
They will try to push up their PET shares at any opportunity with market greens
_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : https://forum.lankaninvestor.com/t1548-important-warning-and-message
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කිත්සිරි ද සිල්වා and ruwan326 like this post
ruwan326- Posts : 1744
Join date : 2016-09-29
Age : 46
Location : Horana
CT is my broker firm since 2009, But they done so many mistakes and wrong doings by promoting /demoting/ manipulating etc...
It is time to face the music.... Even convicted murders getting pardon and freed, will CT face the charges ???
It is time to face the music.... Even convicted murders getting pardon and freed, will CT face the charges ???
කිත්සිරි ද සිල්වා likes this post
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
Finally, they were forced to restore my Buying Power but CSE has no teeth to force them to pay me compensation for lost opportunity. 
_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
This morning I realised that they have returned to their old crooked ways by reducing my buying power to 0.02.
The matter has already been reported to CSE and awaiting their intervention.
I think this is not a trading hut to be trusted anymore.
The matter has already been reported to CSE and awaiting their intervention.
I think this is not a trading hut to be trusted anymore.
_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
Glean from the conversations I have had so far with my broker and the CSE, as are under.
Though no one wants to admit officially that most broker huts' credit exposure is too high, especially with so-called high-net-worth investors, therefore they have been warned not to force sell any to avoid a total meltdown of the stock market in a couple of hours.
If anyone wants to invest in stocks in this condition, better think twice before jumping in.
Though no one wants to admit officially that most broker huts' credit exposure is too high, especially with so-called high-net-worth investors, therefore they have been warned not to force sell any to avoid a total meltdown of the stock market in a couple of hours.
If anyone wants to invest in stocks in this condition, better think twice before jumping in.
_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
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