Futures exchanges have performed well in contrast to some FX brokers
The collapse of foreign exchange brokers
including the UK arm of Alpari amid losses in the currency
markets after the Swiss government’s decision to
decouple the Swiss Franc from the Euro has underlined the
relative strength of exchange-traded FX, experts have
Alpari UK entered insolvency on Friday,
citing Thursday’s "exceptional volatility" in the
currency markets after the Swiss National Bank (SNB) announced
its shock decision, adding "the majority of clients sustained
Other brokers got into trouble also, with
FXCM warning it could be in "breach of some regulatory capital
requirements", CMC Markets said it "sustained some losses" and
London Capital Group estimated its losses at no more than
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |