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

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…

March 10, 2015 BY Maria Nikolova

IG Group set to launch Apple Watch trading app

IG Group Holdings plc (LON:IGG) has made it official – it is about to launch a dedicated trading app for Apple Watch. The UK CFD and stockbroking expert is planning to roll out the new solution as soon as the latest Apple's product is out there. This means the new solution by IG, called IG…

February 28, 2015 BY Maria Nikolova

Yahoo's Gulliver FX to launch Gold, Silver and Oil products

Gulliver FX Ltd, a UK-based subsidiary of Yahoo Japan Corporation (TYO:4689), has just announced it would beef up the menu of trading instruments it offers to its clients. The company said it would soon add Gold, Silver and Oil products to the lineup, with some tests being currently conducted. For that matter, the broker notes…

February 24, 2015 BY Maria Nikolova

Financial Conduct Authority warns about Ikon Finance clone

The Financial Conduct Authority (FCA) has been rather active lately in cautioning the public about clone firms. The latter usually abuse a trademark, emulate a name of a firm, its services and websites, in order to fraudulently benefit from the established reputation of a regulated entity. Earlier today, the UK watchdog published a warning about…

February 12, 2015 BY Maria Nikolova

Alpari websites undergo changes as new trademark owner takes control

(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…

February 09, 2015 BY Maria Nikolova

Alpari UK Administrators KPMG provide update on insolvency proceedings

Earlier 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…

February 06, 2015 BY Maria Nikolova

Alpari plans expansion, Andrey Dashin gets intellectual property rights for the brand

Earlier today it became clear that Andrey Dashin, chairman of the Board of Directors of Alpari RU, has completed the deal for getting intellectual ownership rights over the brand. This means that he now has the intellectual property rights for the trademarks Alpari, the domain names, with these ownership rights spanning over 60 countries. The latter…

February 03, 2015 BY Maria Nikolova

FCA reports some client funds missing in Liquid Markets bankruptcy

The 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…

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…

Tag: UK Forex broker