(Former) clients of Alpari UK, the troubled retail Forex broker, have signaled to LeapRate that the website of the UK company – alpari.co.uk, as well as the websites of its subsidiaries, now redirects to the English version of the website of Alpari Russia. Indeed, visitors of alpari.co.uk and alpari.com are currently redirected to alpari-forex.com. To…
Read moreEarlier today KPMG, the company that provides the special administration services to troubled FX broker Alpari UK, issued an update on how the insolvency procedures are developing. The administrators confirm the sale of intellectual property assets (including the Alpari trademarks) to Andrey Dashin, a deal that is set to release funds sufficient to recover some…
Read moreThe Financial Conduct Authority (FCA), the UK watchdog responsible for the supervision of investment companies, earlier today issued its official stance on the situation at Liquid Markets, the broker that stopped operations in the aftermath of Black Thursday. While the bulk of the information that the regulator provides in this FAQ-like announcement may seem trivial…
Read moreThe administrators from KPMG, who have been in charge of Alpari UK after the FX broker filed for insolvency less than two weeks ago, today issued a rather disappointing update for the clients of troubled company. In the announcement, dated January 30, 2015, the administrators say they are still in the process of analysing the…
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 moreAfter several painful months during which FOREX MMCIS attempted to resolve its financial difficulties, the firm has finally closed its doors, leaving behind a potential loss to several thousand clients
Read moreFSA unable to sell WorldSpreads, will return cash to clients.
Read moreFSA and KPMG have teams in on the weekend.
Read moreETX to acquire WorldSpreads' Greek, Spanish and Danish businesses.
Read moreNot much resolved at WorldSpreads creditors meeting.
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