January 27, 2015 BY Andrew Saks-McLeod

Insolvent FX firm Excel Markets confirms that it has returned 96% of client funds, winds up operations

As of today, 27 Jan 2015, 96% of client funds have been sent back to clients and the remainder await withdrawal requests. The Financial Markets Authority of New Zealand has worked closely with GBL since the incident to ensure client funds were being safely returned

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