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Iron FX confirms it’s making a bid for Alpari UK

From reuters.com

Cyprus-based online forex broker IronFX said on Thursday that it was in talks to buy Alpari UK, which went into administration earlier this week following heavy losses on the Swiss franc. "We are in the process of making a bid and in contact with the Administrators," said Dimitris Hatzis, IronFX's chief operating officer, in an email to Reuters. KPMG is acting as the administrator for Alpari. "IronFX Global understands the sector and Alpari's business well. The company also understands the pending court cases between the majority shareholder and the company," Hatzis added. The co-founder of Russian-owned Alpari ... (full story)

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