Monday, 19 January 2015

#FOREX INSOLVENCY #UK PROCEEDINGS #BROKER

"The shirt sponsor of Premiership football team West Ham United has taken heavy losses as a result of the Swiss National Bank’s shock move on Thursday to decouple its currency from the euro, and entered into insolvency proceedings.
Traders were caught unawares by the surprise decision of the SNB to eliminate the ceiling it had maintained on the Swiss franc's value, causing many investors to lose out.
According to a statement published by foreign exchange broker Alpari on its website, “the recent move ... has resulted in exceptional volatility and extreme lack of liquidity”.
“This has resulted in the majority of clients sustaining losses which has exceeded their account equity”, Alpari went on to say.
As a result, Alpari has entered insolvency. The broker assured clients that retail funds are segregated, in accordance with Financial Conduct Authority rules."

The White Rabbit! aka Freeman Money ... ;~)
#BankstersRabbit  
Op. #OTB Has Started 99% HEROES WANTED! :-)




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