Market Spreads back in business explained by professional Forex trading experts the “Market Spreads back in business” FX trading team.
Market Spreads back in business
As we wrote was likely to happen just a few days ago, Dublin-based financial spreadbetting firm MarketSpreads has had its license fully reinstated by the Central Bank of Ireland, and has re-opened for business.
The suspension began on Thursday April 5, and lasted 22 days. As of Wednesday April 11, after a report from accounting firm Grant Thornton confirmed that all client funds were in place and were properly segregated, the client funds were unfrozen, and MarketSpreads was allowed to honour client withdrawal requests. We understand that while there were (understandably) some client fund withdrawals, most of MarketSpreads’ clients remained loyal and did not abandon the company.
MarketSpreads was very open with its clientele and the general public during the suspension, without sugarcoating the situation, in providing periodic detailed updates on its website as things progressed. The co-CEOs John McGlade and John McNicholl even went as far as posting thier personal mobile telephone numbers on their website, and made themselves personally accessible 24/7 throughout.
Market Spreads back in business Conclusion
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