Liquid Markets UK

Important notice for the attention of existing and prospective clients

Following the decision by the Swiss National Bank to remove the informal peg between the Swiss franc and the euro, which prompted volatility across the foreign exchange markets, LQD Markets (UK) Limited ("LQD") has experienced trading difficulties and has been in close liaison with the Financial Conduct Authority ("FCA") about this.
Following consultation with the FCA and professional advisers, on 27 January 2015 LQD applied to the FCA for a number of requirements to be imposed on LQD and its business. Following this application, the FCA placed these requirements on LQD’s permission (which is available for inspection on the Financial Services Register). These requirements include a requirement that LQD:

1. cease carrying on any business that involves the carrying on of any regulated activities.
2. terminate any existing derivative contracts to which it is a party (whether as agent or principal).

In compliance with these requirements, LQD is no longer able to enter into any transactions or carry on any other business with clients and the open positions of any existing clients in derivative transactions are being closed immediately. Clients can obtain further information about these transactions by logging in to their client account.
Any further material developments will be notified by further notice on this website and by messages accessible through client accounts.

another broker who lost his license...if they like losing a license ... I wonder, will return the money to its customers or it returns regulatory FCA

Does anyone can tell me what is the procedure withdraw money from a broker who lost his license? The accounts are separate from the broker. Do you need to contact the FCA or broker (broker does not answer and does not respond to e-mail).Who was in charge in such situations, and who should speak or what actions to take in the future. For if nothing can be done then any trader could lose money in one day than any broker who has all the licenses and operating normally by the time the license is lost because of a failure.

FCA has its announcement now. You can check it. And now Matthew Haw, Graham Bushby and Matthew Wild are appointed as special adnimistrators to do with LQD (UK)'s insolvency.

This means I already lost my second broker account due to the CHF tsunami.

The FSCS compensation scheme just refunded me all the money I had with Liquid Markets.