My Funds Protected
Client money is held entirely separate from Jasfx own money, ensuring that in the unlikely event of default by Jasfx, client funds will be returned to the clients rather than being treated as a recoverable asset by general creditors of Jasfx. The money is ‘ring-fenced’ in separate bank accounts which are held in trust with the clients as the beneficiaries, and is not held with Jasfx own funds.
Are My Funds
Held On A Segregated Basis?
When a client opens an account with Jasfx, they will be categorized as either: a retail client, a professional client or an eligible counter party – and Jasfx will inform them of this categorization. All client funds will be segregated in separate accounts with our bankers.
The Company continually identifies, assesses, and monitors each type of risk associated with its operations. This means assessing on a continuous basis the effectiveness of the policies, arrangements, and procedures in place which allow the company to easily be able to cover its financial needs and capital requirement at any time.
If Jasfx Goes Into Liquidation?
In the unlikely event Jasfx goes into liquidation, clients whose funds are held in segregated accounts will have their share of the segregated money pool returned, minus the administrators’ costs in handling and distributing these funds.