Alpari UK Special Administrator Samantha Bewick of KPMG speaks exclusively with LeapRate as to what work is being done behind the scenes.
Read moreLeapRate Exclusive... LeapRate has learned that the M&A discussions revolving around Alpari UK and the possibility of selling the firm intact have evaporated in the past 24 hours, with the last potential buyers deciding to walk away. As we reported earlier in our exclusive unveiling of the Confidential Information Memorandum put out by Special Administrator…
Read moreIt has been more than three weeks since the events of January 15, 2015, which turned the forex trading world on its head resulting in the bankruptcy of some brokers, most prominently Alpari UK. Alpari UK remains in insolvency under administration of KPMG, which has spent most of the past three weeks attempting, unsuccessfully, to…
Read moreContinuing our series of interviews with top executives from some of the world's leading forex brokers, today we get the perspective from Down Under on how firms dealt with the Swiss Franc crisis and what followed.
Read moreHotspot FX January volumes came in at $34.3 billion ADV. But despite a record volumes day thrown in, volumes slowed in the second half of the month.
Read moreLeapRate Exclusive... Following on our revelation late last week that FXCM is well along with the planned sale of its institutional FX brokerage arm FXCMPro, LeapRate has learned that the amounts being discussed are now somewhat lower than we originally reported. We have learned from sources close to the situation that although FXCM Inc (NYSE:FXCM)…
Read moreJefferies LLC, which also advised on the sale of Hotspot FX earlier this week, is running the sale of FXCMPro, as FXCM looks to shed non-core assets. So how much is FXCMPro worth?
Read moreHow much did Alpari UK lose on 'Black Thursday'? How big is Alpari Japan? What is administrator KPMG looking for? All that and more is inside.
Read moreHong Kong based retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) saw its shares skyrocket more than 13% on Monday after the company provided an upbeat update on its Q4 and full year 2014 financials. As we reported yesterday, without giving specifics KVB stated that it will see a nice increase in Revenues for…
Read moreIC Markets is also assessing whether or not to forgive negative client balances resulting from Swiss Franc trade losses.
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