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Alpari UK clients meeting results: $6M for IP, most assigning claim to FSCS
The vast majority of Alpari UK clients have not yet logged on to the Claims Portal, nor agreed their balances. But those who have seem to favor assigning their claim to the FSCS. The long-awaited meeting of clients and creditors with Alpari UK special administrator KPMG was held yesterday in London, giving both sides the opportunity to explain and update on the process, and to air concerns. The meeting was also attended by representatives of the UK’s Financial Services Compensation Scheme (FSCS). While KPMG is still working to value the trades of clients who traded CHF pairs (or had open positions involving CHF ... (full story)
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