How are my funds and assets protected with Totality?

How Does Totality Treat Client Money and Assets?

Totality is committed to safeguarding client funds and assets, ensuring transparency and security in all financial operations.

Liquidity & Withdrawal Requests. Totality maintains high liquidity levels, allowing us to meet withdrawal requests efficiently, even in the event of market disruptions.

Regulatory Compliance In Australia, Totality is licensed by ASIC and operates in accordance with Client Money regulations and the Corporations Act 2001 (Cth). These regulations govern the holding, auditing, and reporting of client money and assets, ensuring compliance with strict financial standards.

Client Money Protection Totality holds client funds and assets in trust for the exclusive benefit of its clients. These funds are segregated from non-client money and assets, providing an extra layer of security. This segregation is verified annually by an appointed External Auditor as part of our licensing audit.

Risk Management Under no circumstances does Totality use client money for hedging counterparty risk, nor do we engage in proprietary trading. Our commitment to financial integrity ensures your funds remain protected at all times.

How Does Totality Handle Withdrawal Requests During a Bank Run? Totality maintains high liquidity to ensure withdrawal requests can be met, even in times of financial stress. As client funds and assets are held in trust for the benefit of clients, they remain protected and accessible upon request.

What Happens in the Event of Totality’s Liquidation? In the unlikely event of liquidation, client money and assets will be returned to clients, as they are never considered owned by Totality. These funds remain separate from company assets and are safeguarded under regulatory guidelines to ensure security and accessibility.

Does Totality provide any lending to start ups or other?

Totality does not offer lending services like a traditional retail bank. If you're looking for financing options, you may need to explore dedicated lenders or financial institutions that specialise in funding for start-ups and businesses.

What Is Totality’s Exposure to Other Banks, and How Is It Managed?

Totality maintains a strong and resilient market network, ensuring financial stability and risk management across all banking relationships.

We consistently maintain capital buffers to safeguard against market fluctuations and financial uncertainties. Additionally, all our banking relationships are governed by relevant agreements and regulatory authorities, ensuring compliance, security, and long-term stability in our financial operations.

Does Totality Provide Crypto Products and Services? Totality offers exchange-traded cash products that provide exposure to cryptocurrencies, including ETFs, ETNs, and similar instruments. Additionally, we provide FX crypto derivative products for clients seeking diversified trading opportunities.

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