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KPMG confirms: Alpari UK’s clients have to repay negative balances

From leaprate.com

The administrators from KPMG, who have been in charge of Alpari UK after the FX broker filed for insolvency less than two weeks ago, today issued a rather disappointing update for the clients of troubled company. In the announcement, dated January 30, 2015, the administrators say they are still in the process of analysing the trades closed on Thursday (January 15, 2015) and Friday (January 16, 2015), as they seek to verify and confirm balances, on all client accounts, including those that currently show negative balances. Once these client account balances are validated, the administrators will provide statements to ... (full story)

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