Sunday, February 1, 2015

Exclusive: Alpari UK to Disintegrate Group as Buyers Refuse $25 Million Offer

Exclusive: Alpari UK to Disintegrate Group as Buyers Refuse $25 Million Offer


Exclusive: Alpari UK to Disintegrate Group as Buyers Refuse $25 Million Offer

Posted: 01 Feb 2015 09:56 AM PST

Forex Magnates has learned that most of the global group's employees are expected to be immediately let go, with about 50 to remain on board for the transitional period of the firm's winding up.
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The post Exclusive: Alpari UK to Disintegrate Group as Buyers Refuse $25 Million Offer appeared first on Forex Magnates.

Singapore Charges Ex-Forex Traders for Unlawful Gains

Posted: 01 Feb 2015 08:13 AM PST

In unrelated cases, charges have been filed against Ivan Chng and Toh Hway Khuan, two ex-foreign exchange traders for alleged unlawful gains. The traders allegedly transacted around $1.1 billion US dollars in false trades using preferential rates.
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The post Singapore Charges Ex-Forex Traders for Unlawful Gains appeared first on Forex Magnates.

The Inevitable GREXIT: a Saga about Canaries, Dead Horses and PIIGS

Posted: 01 Feb 2015 06:43 AM PST

Europe's name has its origins in a Greek goddess but, ironically enough, Athens may be the first to ditch the joint currency. Find out what our weekly guest blogger Ron de Luca has to say.
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The post The Inevitable GREXIT: a Saga about Canaries, Dead Horses and PIIGS appeared first on Forex Magnates.

CHF Crisis Is Unfolding with New Developments at FXCM, Alpari and BT Prime

Posted: 01 Feb 2015 06:24 AM PST

Forex Magnates spotlights the industry's top news from the past week. From the $10M loss at Boston Technologies to Alpari UK going after clients with negative balances, the aftermath of Black Thursday is here.
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The post CHF Crisis Is Unfolding with New Developments at FXCM, Alpari and BT Prime appeared first on Forex Magnates.

Alpari UK Clients to Apply on New Website for Fund Claims from KPMG

Posted: 01 Feb 2015 02:11 AM PST

KPMG say that because Alpari UK had a very large number of retail clients, this is considered to be a significantly more efficient and cost effective approach for agreeing claims than using a manual claim process.
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The post Alpari UK Clients to Apply on New Website for Fund Claims from KPMG appeared first on Forex Magnates.

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