Friday, January 16, 2015

A chill is blowing through the economy

Broker Alpari UK declares insolvency after Swiss franc losses

urrency broker Alpari UK declared insolvency Friday after clients' losses linked to the sharp rise in the Swiss franc were passed on to the company. The news, revealed in a statement, follows a similar announcement by Global Brokers NZ in New Zealand

Posted by mark @ 12:49 PM (3466 views)
Please complete the required fields.



4 thoughts on “A chill is blowing through the economy

  • I think there is a lot more where that came from.

    Reply
    Please complete the required fields.



  • This is a lesson to all of you. NEVER listen to central bankers.

    When Carney says rates are going up, consider the opposite direction.

    Reply
    Please complete the required fields.



  • Did someone say bail in?

    Reply
    Please complete the required fields.



  • That was a close call….

    Alpari UK was one of my forex brokers until about two months ago, after they froze my platform for two hours while I took a hit.

    Their staff were arrogant and it seems that their risk management was also lacking. Out of the forex market now. The currency wars are hotting up and it will be too risky for my liking. In long on silver-(XAU) now. More stable. How high will silver go after this mess finally unfolds into the long awaited panic? Pictures of Wall St traders covering their mouths in disbelief are still a clear memory. Bless ’em!

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>