European Union Electronic Derivatives Exchange SRL (EUEDEX) and is a member of the Financial Services Compensation Scheme (FSCS). The FSCS compensates clients in the event of default of the firm to a maximum value of 100% of the first $1 000,000 invested. As a Retail Client our obligation is to hold your funds in a segregated account, your funds cannot be used for any other purpose than to support your trading. In the unlikely event of a trading dispute you have the right to refer any complaint to the Financial Ombudsman Service.
Segregation of Client Money:
Client money held by EUEDEX LTD which isn?t being used to cover open exposures with our liquidity providers is held in specially designated, segregated, bank accounts. In the unlikely event of your broker ceasing to trade, these funds would be immediately returned to our clients. No other creditor would have any legal claim over this money it is regulated with regard to client funds by the CASS 7 rules set out in the Handbook of the European Union Electronic Derivatives Exchange (EUEDEX)
Internal Capital Adequacy Assessment Process
All members have a robust and regularly reviewed Internal Capital Adequacy Assessment Process. Our regulator, The European Union Electronic Derivatives Exchange, has strongly endorsed the recommendations of the Basel II accord. This includes the strictly maintained minimum capital requirement of 100% for any net foreign exchange exposure. Historically, all Members has maintained capital and reserves at a level far greater than has been prescribed by our regulator. The Company regards this as the key measure of our security