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mmx007 replied Mar 2, 2015Hi everybody, After thinking over and over, what I think the most important thing is to vote "against" to form the creditors committee. Because the client money pool can't be touched by any creditor. But once the Creditors Committee (who represent ...
Alpari.co.uk Discussion
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mmx007 replied Mar 2, 2015I sent my claim and vote form, but does not receive the automatic reply now. Does this matter?
Alpari.co.uk Discussion
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mmx007 replied Mar 1, 2015following the above, in the given situation that the Creditors' Committee formed. What will be priority of clients who choose the claim to the Company(KPMG)? Will these clients take money later than the main creditors such as Citi, Barclays... or ...
Alpari.co.uk Discussion
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mmx007 replied Mar 1, 2015In the proposals: The Creditors' Committee represents the interests of the Clients and Creditors as a whole, rather than the interests of certain parties or individuals. I don't know the law of UK. But just guess, if the Creditors' Committee formed, ...
Alpari.co.uk Discussion
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mmx007 replied Mar 1, 2015Honestly I don't want to choose FSCS because that means I will whatever loss no less than $10,000 which I think it is not fair. It is a hard decision for me but I appreciate any advice. So thank you nevertheless.
Alpari.co.uk Discussion
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mmx007 replied Mar 1, 2015Q. I have agreed my claim amount and said I do not intend to assign it to the FSCS but have changed my mind. Can I still assign my claim to the FSCS? A. Yes, if you have agreed your claim with the Joint Special Administrators and are eligible to ...
Alpari.co.uk Discussion
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mmx007 replied Mar 1, 2015I guess you are not a client but a creditor. BTW, I am not going to dispute the claim, I am just thinking how to choose between FSCS and Client Money Pool in the future.
Alpari.co.uk Discussion
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mmx007 replied Mar 1, 2015Although KPMG seems to do a lot of work, I still don't think it is fair to charge only from clients' account. In my opinion people who has no fault should not pay the cost since the money is segregated,
Alpari.co.uk Discussion
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mmx007 replied Mar 1, 2015Yes, you are right. Thanks. If FSCS could return 50K with current exchange rate, it is not too bad. But how could KPMG take so much? 10% of my account? I can't imagine this.
Alpari.co.uk Discussion
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mmx007 replied Mar 1, 2015Anybody found your name on the proposals document in the creditors list from Page 44? Do not use the FIND function in the PDF Viewer, that will not give any result. Just look row by row.
Alpari.co.uk Discussion
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mmx007 replied Feb 28, 2015If you choose yes, FSCS will contact you. This does not clearly mean "FSCS will return you all the money". OK let's see what FSCS says on their website: url Investments FSCS provides protection if an authorised investment firm is unable to pay ...
Alpari.co.uk Discussion
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mmx007 replied Feb 28, 2015OK I won't whine. This is a realistic question for me and people like me who have balance over 50k. 1) Choose FSCS, up to 50K. But do they really give you that much? This is not confirmed. 2) Choose Alpari UK (in special administration). KPMG ...
Alpari.co.uk Discussion
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mmx007 replied Feb 28, 2015How to choose if the balance is over £50k? If I choose FSCS in the future, and they return £50k I still lose about $10,000...

Alpari.co.uk Discussion
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mmx007 replied Feb 27, 2015If there is missing money, I think it should already be found by KPMG. So I am not happy with the uncertain words that KPMG says. What I need to know is just how much I will get back, and how long it takes. I don't like to sign some agreements which ...
Alpari.co.uk Discussion
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mmx007 replied Feb 27, 2015Hi everybody, Does you have seen these words in the "Claims Portal Frequently Asked Questions" ? "The Joint Special Administrators are not currently able to confirm whether there will be sufficient funds in the Client Money Pool to pay out your ...
Alpari.co.uk Discussion
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mmx007 replied Feb 27, 2015Yes I am puzzled too. If I don't vote, it doesn't mean I give up my right for my money.
Alpari.co.uk Discussion