Can IronFX benefit from the AlpariUK exposure?

[Oliver Wood]

Can IronFX benefit from the AlpariUK exposure?

 

[Enivid]

Why?

 

[Oliver Wood]

Well, as IronFX has claimed on the media that they are in position of IPO stage as well as wanting to attract over 100,000 Alpari UK clients. On top of this, they announced to have made a nice sum of profit after the SNB crisis. So don't you think that they will be the one benefiting from Alpari Uk's bankruptcy?

 

[Enivid]

Why would "over 100,000 Alpari UK clients" suddenly move to IronFX? What does IronFX's IPO and profit from "SNB crisis" has to do with Alpari UK?

 

[Rambo35]

I think the problem is that many of those Alpari traders lost all their money during Swissgate. I think IronFX and Pepperstone both approached Alpari about a buyout.

 

[Oliver Wood]

You are at the right end, Rambo35, since there were announcement made by Pepperstone as well as IronFX willing to get Alpari UK out of the Special Administration. However these were just claims, since neither one of them, actually made a move yet. So do you think that they are genuinely up for it? Or just use the media to cover their own issues, by using Alpari Uk’s down position.