HomeCapital Trust Broker in difficulty?
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කිත්සිරි ද සිල්වාTop contributor
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Capital Trust Broker in difficulty?
Fri Apr 22, 2022 7:56 pm
Is the Capital Trust Broker in some kind of difficulty?
Low Buying Power Red Flag
Low Buying Power Red Flag
ruwan326 likes this post
ruwan326- Posts : 1744
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Age : 46
Location : Horana
Re: Capital Trust Broker in difficulty?
Sat Apr 23, 2022 7:45 pm
අයියෝ සල්ලි 
කිත්සිරි ද සිල්වා likes this post
- කිත්සිරි ද සිල්වාTop contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
Re: Capital Trust Broker in difficulty?
Tue Apr 26, 2022 5:47 pm
So far, no one has responded to my emails or SMS, and I'm still stuck with a very low purchasing power allocation.
I'm thinking about switching brokers. Do you have any suggestions?
Please let me know.
Thanks.
I'm thinking about switching brokers. Do you have any suggestions?
Please let me know.
Thanks.
ruwan326 likes this post
- කිත්සිරි ද සිල්වාTop contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
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Re: Capital Trust Broker in difficulty?
Fri Apr 29, 2022 11:06 pm
Just a quick update to keep everyone in the loop.
The Broker says that they are unable to adjust the buying power allocation on the ATRAD platform manually.
That means in simple terms that the broker is broke and they are unable to settle.
Please be careful, if you are dealing with the same broker.
I consider taking legal action against them in addition to reporting them to the CSE.
The Broker says that they are unable to adjust the buying power allocation on the ATRAD platform manually.
That means in simple terms that the broker is broke and they are unable to settle.
Please be careful, if you are dealing with the same broker.
I consider taking legal action against them in addition to reporting them to the CSE.
ruwan326 likes this post
- කිත්සිරි ද සිල්වාTop contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
Re: Capital Trust Broker in difficulty?
Wed May 04, 2022 5:41 pm
Only those who are interested will be kept in the loop.
The matter was reported to CSE and they have acknowledged receiving my written complaint.
Will revert back after conducting an inquiry into the alleged malpractice by the broker.
The matter was reported to CSE and they have acknowledged receiving my written complaint.
Will revert back after conducting an inquiry into the alleged malpractice by the broker.
slstockVeteran
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Re: Capital Trust Broker in difficulty?
Fri May 06, 2022 3:28 pm
CT is broker who platey huge games at CSE. It no secret.
There pet promo shares
a) EXPO was Rs 400 few months ago. Now Rs 148.
b) BIL was Rs 17 now Rs 5.3
c) LOLC Rs 1400 now Rs 400+
d) LOFC Rs 40 now Rs 5.6
etc etc
I am sure there are ot of people who they gave credit or in margin in huge mess now.
Also CT buys shares in their personal accounts. ( right or wrong)
So there is no guessing CT is in big toruble with this downfall.
They will try to push up their PET shares at any opportunity with market greens
There pet promo shares
a) EXPO was Rs 400 few months ago. Now Rs 148.
b) BIL was Rs 17 now Rs 5.3
c) LOLC Rs 1400 now Rs 400+
d) LOFC Rs 40 now Rs 5.6
etc etc
I am sure there are ot of people who they gave credit or in margin in huge mess now.
Also CT buys shares in their personal accounts. ( right or wrong)
So there is no guessing CT is in big toruble with this downfall.
They will try to push up their PET shares at any opportunity with market greens
කිත්සිරි ද සිල්වා and ruwan326 like this post
- ruwan326
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Join date : 2016-09-29
Age : 46
Location : Horana
Re: Capital Trust Broker in difficulty?
Fri May 06, 2022 5:43 pm
CT is my broker firm since 2009, But they done so many mistakes and wrong doings by promoting /demoting/ manipulating etc...
It is time to face the music.... Even convicted murders getting pardon and freed, will CT face the charges ???
It is time to face the music.... Even convicted murders getting pardon and freed, will CT face the charges ???
කිත්සිරි ද සිල්වා likes this post
- කිත්සිරි ද සිල්වාTop contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
Re: Capital Trust Broker in difficulty?
Tue Jun 21, 2022 7:59 am
Finally, they were forced to restore my Buying Power but CSE has no teeth to force them to pay me compensation for lost opportunity. 
- කිත්සිරි ද සිල්වාTop contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
Re: Capital Trust Broker in difficulty?
Wed Oct 19, 2022 2:07 pm
This morning I realised that they have returned to their old crooked ways by reducing my buying power to 0.02.
The matter has already been reported to CSE and awaiting their intervention.
I think this is not a trading hut to be trusted anymore.
The matter has already been reported to CSE and awaiting their intervention.
I think this is not a trading hut to be trusted anymore.
- කිත්සිරි ද සිල්වාTop contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
High Credit Exposure
Fri Oct 21, 2022 5:25 pm
Glean from the conversations I have had so far with my broker and the CSE, as are under.
Though no one wants to admit officially that most broker huts' credit exposure is too high, especially with so-called high-net-worth investors, therefore they have been warned not to force sell any to avoid a total meltdown of the stock market in a couple of hours.
If anyone wants to invest in stocks in this condition, better think twice before jumping in.
Though no one wants to admit officially that most broker huts' credit exposure is too high, especially with so-called high-net-worth investors, therefore they have been warned not to force sell any to avoid a total meltdown of the stock market in a couple of hours.
If anyone wants to invest in stocks in this condition, better think twice before jumping in.
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