December 09, 2015 BY Maria Nikolova

Yahoo's Gulliver FX Annual Report: £2.96M in losses, poor customer growth

Gulliver FX Limited, the UK Forex broker owned by Yahoo Japan Corporation (TYO:4689), has just filed its financial report for the full year to March 31, 2015, shedding light on the circumstances that led it to the decision to cease operations. To summarize these reasons: highly competitive environment in the UK, hefty trading losses, lack…

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