Ellipsys Financial Markets being a licensed and Regulated Investment Dealer pursuant to the Section 29 of the Securities Act 2005, rule 4 of the Securities Rule 2007 and Financial Services Rules 2008, is required to segregate our client funds from our own funds. Under these rules, Ellipsys must promptly place client money upon receipt into designated client bank accounts, separately identifiable from the firm’s own bank accounts. This segregation acts an important safeguard for client fund protection.
All funds deposited by clients with Ellipsys will be kept in a segregated client funds account in accordance with the above regulation. Any Securities or assets held by clients with Ellipsys are equally kept in segregated custody accounts.