FSCS Distributed $51.3m to Alpari UK Clients, Repaid Negative Balances $920K
Posted: Mon Aug 15, 2016 10:29 pm
The latest progress report on the bankruptcy of Alpari UK has been published by the special administrator on the case, KPMG. The document is encompassing the period between the 19th of January 2016 and the 18th of July 2016.
The U.K. Financial Services Compensation Scheme (FSCS) has paid a total of $51.3 million to 11,751 clients. A total of 15,378 clients have agreed their claims, which amounts to 95.7 per cent by value of clients with a claim into the client money pool.
total claims into the client funds pool amounted to $97.8 million
A total of 192 clients have disputed their claims ... (read more)