Receivers from KordaMentha say Arena Capital/BlackfortFX is clearly insolvent and should be liquidated, in order for them to proceed with distribution of client funds.
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FSCS still checking whether LQD Markets’ clients are eligible for compensation
The latest update by administrators from Baker Tilly says that the FSCS have not yet made up its mind on whether all products offered by the broker are covered by the compensation scheme.
Read MoreFSCS to start paying Alpari UK client claims in May
A long awaited announcement by the UK regulators is out. Clients of Alpari UK can finally apply for compensation from the FSCS, with the first payments due in May 2015.
Read MoreAlpari 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…
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