Alpari UK client petition to Administrator KPMG for return of client funds

It has been more than three weeks since the events of January 15, 2015, which turned the forex trading world on its head resulting in the bankruptcy of some brokers, most prominently Alpari UK.

Alpari UK remains in insolvency under administration of KPMG, which has spent most of the past three weeks attempting, unsuccessfully, to sell the company intact. Other than not giving clients much information, KPMG has stated that a proposal for clients will be out no later than March 16 – another five plus weeks away.

Is KPMG dragging the process out to maximize its own fees? Or is it under pressure to act in the best interests of trade creditors to Alpari UK, as opposed to former clients of Alpari UK, whose funds remain on hold at the company?

After receiving many requests, LeapRate is organizing a petition of (former) Alpari UK clients to be formally presented to Special Administrator KPMG, requesting that all client monies be returned directly to those clients as soon as possible.

If you are a former Alpari UK client then please complete the petition box at right. We will update the list of names below (keeping confidential any last names and of course email addresses provided), and we will provide the petition directly to Administrator KPMG.

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Petition Signed By (updated Feb 23 2015 @ 08:00 GMT):