AITSFX » Fund Segregation and Security
Fund Segregation and Security
For qualified counterparties, AITS FX, in conjunction with Macquarie Bank, offers a secure client funds solution through a custody bank account.
In this structure, a new custody account is opened and maintained by the client. The account is operated under a tripartite agreement among the client, custody bank and AITS FX. Under the terms of the agreement, AITS FX is permitted to debit or credit the account for trading gains or losses. This is done within 24 hours of the close of the trading day.
All client equity is secure and fully segregated at all times and the client funds are not co-mingled with AITS FX Ltd funds or those of any other client.
Those client accounts that are unable to qualify for a tripartite account with Macquarie Bank ( too small an amount for example), will still be maintained seperately from the business accounts of AITS FX Ltd.These funds will be held in top tier banks.