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Alpari UK Administrator KPMG – proposal will be out by March 16

From leaprate.com

It looks like the Special Administrator for the insolvent Alpari UK, the accounting firm KPMG, has itself quite organized in dealing with the situation. KPMG has already issued instruction letters to both (former) clients and creditors of Alpari UK, with instructions for each to follow. In its letters, KPMG indicates that it will issue specific proposals for creditors of Alpari UK no later than March 16, or for those counting exactly 52 days from today. Rumors continue to fly around regarding the eventual fate of Alpari UK. First, a number of retail forex brokers are actively looking to scavenge Alpari UK clients, ... (full story)

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