It has been about four weeks since the historic Swiss franc event and the Alpari/KPMG progress report shows clients are getting impatient but the administrators insist progress is being made.
Former Boston Technologies CEO, Mr. G. Popescu, has filed in court several documentations, including a written witness statement. Providing crucial insights upon the Prime Companies bankruptcy case.
As the result of internal structure and risk management alterations, FXCM announced to drop 13 “high risk” currency pairs as of Friday the 20th of February. These are majorly SEK, NOK, HKD, PLN, SGD, CZK and ILS pairs.
Due to the low trading activities on the Polish, Singaporean and Czech currencies. Hotforex quits offering certain currency pairs and have prompted Hotforex to switch focus.
The annual INTERFAX rating of Russian FX brokers 2014 report, which is a survey of Forex market services in Russia and a rating of Forex companies, showed a 20% dip in retail FX in Russia.
The new IronFX South African office is the second new office announcement of IronFX in the last two weeks. Just last week the company announced ...
As AtoZ Forex team mentioned on the 27th of January, Liquid Markets might have indeed been liquidated much before the Swiss Franc.
FXCM continues its corporate restructuring as it announced plans to fill two needs with one deed by adopting rights issues to compensate shareholders by declaring “dividend distribution of one right on each outstanding share of the Company's Class A common stock"
Post FXCM's official announcement of insolvency, as a result of the unforeseen removal of the 1.2 EURCHF floor by the Swiss national bank. FXCM reaches decision to forfeit 90% of client negative balances.
According to details of KPMG's Confidential Information Memorandum on Alpari UK, KPMG seems to aim at selling the defunct broker as a going concern, requiring potential buyers to put in about $30-38 million
AtoZ Forex team is glad to announce that it has been nominated as part of the fastest growing forex media sites in 2015.
The highly rumoured acquisition of Hotspot FX by BATS Global Markets, has finally come to terms for a takeover at a sum of $365million in cash.