Neg Markets Update

Neg Markets wishes to extend its heartfelt thanks to all traders for their patience and support during this challenging time. The company is currently navigating a minor and unexpected issue, but its teams are fully committed to overcoming it and ensuring seamless operations for everyone involved.

At the heart of the challenge is the migration process, which is necessary to ensure all accounts are transferred correctly and efficiently. The success of this migration depends on receiving a crucial file from the current broker. Without this file, Neg Markets would have to manually verify and cross-reference each account, which could significantly extend the timeline. However, the broker has assured us that this migration file will be delivered by mid to late this week.

Once the file is in hand, the Neg Markets tech team, broker team, and other key personnel will work together after the Thanksgiving holiday to finalize the migration. The target is to have all accounts fully operational by December 9th. This timeline includes thorough testing to ensure trading spreads and conditions are better than before. Any potential issues that arise during testing will be addressed immediately, providing traders with confidence in the system’s reliability.

Neg Markets is also working on resolving past-due payouts. Using available crypto reserves, payments to some individuals have already begun. For payouts requiring approval, these will be reviewed and processed once the migration is complete. This is to ensure that all account details are accurate and verified. The company reassures traders that all approved payouts will be handled promptly.

Neg Markets has exciting plans for 2025. The team remains steadfast in their mission to deliver an exceptional trading experience and refuses to let this temporary hurdle define its progress. The company is grateful for the ongoing trust and support of its traders and is eager to unveil better opportunities in the coming months.