I don't think so. A nominee account is generally a custody account where your broker holds your stock. If your trading and you leave a stop order, they have to deliver the stock you've lodged with them, if you're dealing in physical shares.
As you're talking about being stopped out, I assume your trading marginned products (futures, CFDs, spreadbets etc). If CFDs or spreadbets, you don't own the underlying stock so there's no nominee account to hold them in. The CFD or SB provider takes the other side of your trade, so if you're stopped out then yes, they take the profit or loss on the position from the time you're stopped out.
As you're talking about being stopped out, I assume your trading marginned products (futures, CFDs, spreadbets etc). If CFDs or spreadbets, you don't own the underlying stock so there's no nominee account to hold them in. The CFD or SB provider takes the other side of your trade, so if you're stopped out then yes, they take the profit or loss on the position from the time you're stopped out.
A nominee acount is just about safe custody. The stock cannot be touched wiythout the beneficial owners authority (obviously). There may be occassions (and this would be written into the client agreement letter) where the stock could be sold to cover margin or overdue account. Usually the broker would give written notice to save any legal problems after.
