LQD Markets’ administration hits the curb, creditors vote against Baker Tilly’s proposals LeapRate

April 16, 2015 BY Maria Nikolova

LQD Markets' administration hits the curb, creditors vote against Baker Tilly's proposals

The process of special administration of now-defunct UK Forex broker LQD Markets has encountered a somewhat unexpected hurdle, thus raising the chances that former clients of the company could face further delays in getting their money back. The initial meeting of clients and creditors, held on April 10, 2015, saw creditors overwhelmingly reject the proposals…

April 01, 2015 BY Maria Nikolova

LQD Markets' administrators provide details on upcoming meeting of clients and creditors

Baker Tilly, the administrators of ill-fated retail Forex broker LQD Markets (UK) Limited, which halted its operations on January 27, 2015, as a result of the Swiss franc spike, today published an update regarding the administration process. The update consists of a FAQ document, with the bigger part of the information related to the upcoming Meeting…

March 26, 2015 BY Maria Nikolova

LQD Markets' administrators estimate deficit on client monies at $2.84m

Earlier today Baker Tilly, the special administrators of troubled UK FX broker LQD Markets, published a detailed report and proposals regarding the company. The report revealed a raft of worrisome financial metrics, with the ones that are particularly stunning concerning the size of the deficit on client monies. Baker Tilly administrators say that on January…

February 23, 2015 BY Mike Fox

Forex Weekly Look Back: Alpari UK bankruptcy update, Canada to establish RMB hub & USA Forex assets hit multi-year lows

A look back at the most intriguing and popular Forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate news, sign up to our Daily Forex Industry Newsletter on the right. → Alpari/KPMG update | https://www.leaprate.com/eIj3B FXCM shares update | https://www.leaprate.com/F0ZiA US Retail Forex |…

February 17, 2015 BY Andrew Saks-McLeod

Administrators Baker Tilly provides update on insolvent brokerage LQD Markets

Today's publication of a letter to clients of LQD Markets from Special Administrators Baker Tilly contains information relating to the procedure for creditors, including clients whose funds were held at LQD Markets

February 08, 2015 BY Mike Fox

Forex Weekly Look Back: More details on Alpari and Liquid Markets bankruptcy emerge as FX trading innovation progresses

A look back at the most intriguing and popular Forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate articles sign up to our Daily Forex Industry Newsletter on the right. → Forex Weekly Look Back: Week of February 2nd FXDD | https://www.leaprate.com/yQMZK AxiTrader CEO…

February 03, 2015 BY Maria Nikolova

Liquid Markets appoints special administrators from Baker Tilly Restructuring and Recovery

Liquid Markets, the UK Forex broker that was forced to halt operations in the aftermath of the events on “Black Thursday”, has just announced the appointment of special administrators from Baker Tilly Restructuring and Recovery LLP. Matthew Haw, Graham Bushby and Matthew Wild will act as Joint Special Administrators of the Forex broker under an order…

January 27, 2015 BY Maria Nikolova

Tag: lqd markets