Important notice for the attention of existing and prospective clientsFollowing 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:
- cease carrying on any business that involves the carrying on of any regulated activities.
- 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