Tag: New Zealand Forex broker

February 25, 2016 BY Maria Nikolova

Liquidators of BlackfortFX/Arena Capital recover only NZ$1.07 million

Grant Robert Graham and Neale Jackson of KordaMentha, who act as Liquidators of now defunct Forex broker BlackfortFX (aka Arena Capital Limited), have published their second report, updating investors about their actions. The liquidators have focused on recovering assets and, according to their report (see table below) they have managed to obtain receipts of NZ$1.07…

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January 24, 2016 BY LeapRate Staff

Forex Scam Watch – Canada’s OSC warns against Sumo Forex

The Ontario Securities Commission (OSC) has just updated its Warning List, which contains the names of individuals and companies which are engaging in activities that may pose a risk to investors. The latest addition to the Warning List is retail forex broker Sumo Forex Limited, operating from www.sumoforex.com.  The company's offices were listed by the OSC as 28…

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December 18, 2015 BY Maria Nikolova

NZ court upholds deregistration of Forex broker Excelsior Markets

A follow-up to LeapRate's earlier report about Forex broker Excelsior Markets, which in September this year addressed the court seeking it to overturn a decision by the New Zealand Financial Markets Authority (FMA) to deregister the company from the Financial Services Provider Register... The broker has suffered legal defeat, with media reports today saying that the High…

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November 04, 2015 BY Maria Nikolova

Liquidators of BlackfortFX/Arena Capital start legal process against debtor clients

KordaMentha, the company appointed as a liquidator of now defunct Forex broker BlackfortFX/Arena Capital Limited, has started legal proceedings against some of the debtor clients of the brokerage. The confirmation for this action is contained in an update regarding the liquidation process. The legal process concerns clients who have received profits from the brokerage while…

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October 21, 2015 BY Maria Nikolova

New Zealand forex broker GDMFX adds Fortex MT4 Web Trader

Electronic communication network (ECN) trading platform Fortex, Inc. and Global Derivative Capital Markets NZ Limited (GDMFX), a New Zealand registered international broker-dealer, announced today that they have sealed a technology partnership that will make Fortex’s MT4 Web Trader solution available to GDMFX's clients across the globe. Growing international demand for web and mobile trading solutions…

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