Alpari Group has put out a statement that the insolvency of Alpari UK, the FCA regulated arm of the Alpari Group, is separate and isolated from the rest of the Alpari Group. Other Alpari companies, including the flagship Alpari RU operation, are not affected by Alpari UK's closure. Alpari Group's statement follows - note the…
Read moreThe decision by the Swiss National Bank has prompted the biggest FX broker in Russia to switch trades with CHF pairs to “Close Only” mode.
Read moreAlpari UK has today announced that it has suspended ruble trading against the US dollar across all platforms, and that USD/RUB positions have been set to close only
Read moreAlpari UK 2013 financial statements indicate flat revenues at £55.7M, a £6.3M net loss, £100M of client balances, and $97B average monthly volumes. LeapRate Exclusive... LeapRate has had an exclusive look at the just-filed 2013 financial statements of retail forex broker Alpari UK. The company posted a loss of £6.3M ($10.4 million) on revenues of £55.7M ($93 million) for…
Read moreAlpari has exited the Indian market, closing its Mumbai office in the advent of its anticipated 2015 IPO, with former CEO Pramit Brahmbhatt moving to pastures new Hot on the tails of the many large retail FX firms which engaged in a series of high-value mergers, acquisitions and initial public offerings (IPO) last year is…
Read moreSkowronski had recently been promoted internally and moved from the US to head Alpari's non-Russia businesses out of London. We're sure there's more to this than initially meets the eye, but here is the text of Alpari's press release made today, on the resignation of Alpari UK CEO Daniel Skowronski, and his replacement by CMO/COO David…
Read moreFurther demonstrates independence of Alpari units – as well as hot competition in binary platform sector. Binary options platform provider MarketsPulse has issued a press release stating that Alpari Russia has launched binary options trading based on its platform (we had reported it earlier here). That's certainly a good win for MarketsPulse -- Alpari Russia has…
Read moreThe majority of Alpari Group's trading volumes come from Russia. So far, August volume metrics reported by both retail forex brokers and institutional forex trading venues seem to be very hit and miss. By that, we mean that some firms are seeing the typical summer-break slowdown in forex trading, while others are (somewhat surprisingly) seeing…
Read moreAlpari Group worldwide volumes exceeded $230 billion in February, a new record for the company. Global FX broker Alpari has joined a list of FX brokers and ECNs reporting strong or even record results of late. Alpari reported that its FX trading volumes for February exceeded $230 billion -- a record month for the company. that…
Read moreAnd it does appear that Alpari Russia does more than half the Group's volumes. As we estimated in our post last week once we saw Alpari Russia volume figures for January, the Alpari Group confirmed that it did globally, in total, more than $200 billion in volume for the month (more than $210 billion actually,…
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