Feb 11 2022, 01:04 PM
QUOTE(sgh @ Feb 11 2022, 12:34 PM)
That is US securities and commission correct? Have not come out with statement from Msia own. But knowing how Msia authorities work yes faster withdraw just in case.
Now what if it happen to IBKR that will be HUGE as I know a lot of Msia,Spore investors use theirs for cheap fees for US trading. But I know IBKR hard to fail but still best to diversify your investment platform don't put all eggs into one basket. My personal opinion.
Actually a good point... But this feels so weird to even diversify on brokerage. I guess I should diversify my emergency fund placements, bank account money, insurance and all that too? Like seriously, where does this end?Now what if it happen to IBKR that will be HUGE as I know a lot of Msia,Spore investors use theirs for cheap fees for US trading. But I know IBKR hard to fail but still best to diversify your investment platform don't put all eggs into one basket. My personal opinion.
I'm not being sarcastic, I too try to diversify my investments... But this is a worrying news to me that some other financial institution may have similar problem.
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