May 09, 2012 BY Gerald Segal
WorldSpreads creditors to get back 30-35% of funds
Special Administrator KPMG has eaten up nearly 10% of all cash available in fees.
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May 07, 2012 BY Gerald Segal
MarketSpreads volumes back above half of pre-suspension levels
MarketSpreads also seeking €10M compensation from E&Y.
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May 07, 2012 BY Gerald Segal
MarketSpreads volumes back above 1/3 of pre-suspension levels
MarketSpreads also seeking €10M compensation from E&Y
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August 02, 2012 BY Gerald Segal
UK's FSCS comes through on WorldSpreads payments
Compensation has been paid to WorldSpreads clients in less than five months.
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July 04, 2012 BY Gerald Segal
LMAX volumes hit $25 billion for the first time
LMAX Volumes up 850%, but Revenues only up 14%. (Why??!!).
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March 07, 2012 BY Gerald Segal
Goldman Sachs dumps 12.5% stake in LMAX
LMAX also reports healthy growth in FX volumes.
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March 17, 2012 BY Gerald Segal
Worldspreads in turmoil – sale or bankruptcy next?
FSA and KPMG have teams in on the weekend.
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March 19, 2012 BY Gerald Segal
WorldSpreads enters FSA's
FSA unable to sell WorldSpreads, will return cash to clients.
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April 02, 2012 BY Gerald Segal
WorldSpreads asset sales attract no buyers
Will WorldSpreads' client list eventually be sold?
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March 22, 2012 BY Gerald Segal
WorldSpreads update – asset sales, money missing, client list...
Focus remains on returning client money and tracing missing money.
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