Ummm NO.The group is a wholly owned subsidiary of Halifax Bank of Scotland [U.K.] PLC which in turn is a wholly owned subsidiary of the UKs Lloyds Bank Group of Companies. Lloyds Bank is effectively owned (40% of shares and additional preference stock), if only temporarily, by the UK Government in the form of preference shares and ordinary shares in the company. Lloyds Group was really bankrupt before the UK Government bailout and has huge debts.
Hi, no i don't know those names, Halifax use the Saxo platform and it's clear that they don't know how it works,and they won't admit that they don't know how it works which I find worse ! i have only found the problem in cfd's because thats all I trade.knothead27;bt3361 said:Hi, we just put in a Forum entry re Halifax and wonder if it relaltes to your dilemma as well. Can we ask if you are trading thru mark Lennox or Chris Johnson in Halifax Melbourne and if so, in which types of trading other than cfds? We were not aware of the Saxa involvement
I totally agree. Do not go there !!!If I told you what I know about Halifax, I would most likely be thrown off the forum. Keep away from them. Apart from anything else, they are very expensive.