New rules in contract

[Dougal1984]

UPDATE on T212 terms & conditions

Nothing in the relevant term has changed in a way to impact the business, nor the client’s relations with Trading 212. Rather: more details are added for the sake of transparency. In a nutshell: the client assets are kept in a segregated account. In the unlikely event of insolvency of Trading 212 UK Ltd. → client’s assets will be protected. The information in the discussed video can be misinterpreted as it contains a personal point of view towards legal documents. We are encouraging every clie…

UPDATE on T212 terms & conditions

@Sasha the simple answer would be that the highlighted text is not relevant to the current structure. The text in question (now under clause 13.10 b) is not newly introduced but has been preserved from the previous version of the Terms of Business. And most importantly, all client funds are always protected by us under CASS. Further clarification on how the clause corresponds with the custody chain. The wording referred to by Sasha refers to a hypothetical situation where assets …

Hi Dman, hopefully the two above posts from 212 help clarify, there has already been some confusion with people from another blogger expressing concerns not understanding the meaning, so this is the clarification from 212 to explain.

If it helps eTorro and others also have similar if not identical updates, so it’s not something unique with 212.