Among common questions are matters relating to client funds, to which KPMG has stated that client money held in segregated accounts, and that where there are sufficient funds to repay all eligible clients in full, these funds will be returned to clients
Read moreAlpari ME DMCC in Dubai remains fully operational, as the firm's Middle Eastern operation is run separately from Alpari UK. The only change in service is a temporary unavailability of MetaTrader 5 due to servers being located in London
Read moreThe Alpari UK saga is not yet over, with sources close to the company telling us that the sale of assets is in good progress.
Read moreCustomers of Alpari UK, the retail Forex broker that has just entered administration, can now make use of detailed information on the matter provided by the Financial Conduct Authority (FCA). Earlier today the UK financial watchdog published a FAQ section, addressed at Alpari UK's clients many of whom are now puzzled about what to do,…
Read moreAlpari UK has issued a formal statement on its insolvency and entering administration by KPMG. As we posted earlier, Alpari UK applied for insolvency and entered administration after a frantic weekend search for an outside financial lifeline or acquirer of the company, which the company was unable to conclude - at least in time to…
Read moreKPMG LLP has been appointed administrators of Alpari UK. Company will return $99 million of client money, as no buyers or lifeline providers emerged.
Read morePepperstone CEO Owen Kerr explained to the Wall Street Journal that Alpari UK is of M&A interest, however no deal has been struck thus far
Read moreTalks still ongoing for a capital injection or takeover at Alpari UK, likely to be concluded tonight. FXCM: We are definitely not buying Alpari.
Read moreAlpari's Japanese operation has advised clients that it will be returning all funds, plus not opening new positions as a result of the capital position of its parent company Alpari UK
Read moreSo is it, or isn't it? Alpari UK has issued a new statement on its website, contradicting what it had itself posted on Friday. On Friday, Alpari UK indicated that it had entered insolvency following losses suffered in the Swiss Franc mega-move Thursday. Alpari UK's new statement (repeated below) on its website states that Alpari UK…
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