Thursday, August 13, 2020

Abacus Securities to honor AREIT rejected orders, willing to take the loss




Abacus Securities Corporation will honor the rejected honors of AREIT in favor to its clients at the price where it should have been done. In the released advisory, Abacus said they are willing to take the loss if needed for the trust of its clients.

Yesterday, stock market traders were not able to buy or sell AREIT on its market debut.

The incident was not a system failure but caused rather by a miscoordination involving Abacus and their platform provider and regulators.

s of now, the issue has already been resolved.

Abacus is hoping to continue to have confidence in them and in the country's capital markets.


-From: Abacus Securities Cop.


Source: Peso Economics

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