Volante FX CEO Grills KPMG, CWM Group Linked to Ponzi Scheme?

The lingering saga between KPMG and Alpari UK clients continues, with Volante CEO Paul Chalmers lending his insider perspective – meanwhile, CWM Group found itself in the midst of Ponzi scheme allegations numbered at $16 billion.

Interviews

Volante FX CEO & Alpari UK’s IB Paul Chalmers Probes KPMG

In light of KPMG’s recent announcements to disperse funds to Alpari UK clients, Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates reached out to Volante FX’s CEO Paul Chalmers, an executive deeply entwined with Alpari UK’s business and customer relations, because of his introducing broker relations with the firm. Read More Here

Key Executive Moves

Divisa Capital Appoints Veteran Ryan Gagne to Lead North American Sales

Divisa Capital UK Ltd has just appointed veteran institutional mainstay Ryan Gagne as its newest lead sales specialist, part of a broader move by the company to fortify its institutional team for the otcXchange product suite. Read More Here

Ryan Peterson Joins oneZero as Director of Institutional Business Development

FX veteran specialist Ryan Peterson has joined oneZero Financial Systems as its Director of Institutional Business Development. He will be based out of the Greater Chicago area. Read More Here

GAIN Capital Bolsters Its Institutional Sales & Trading, Adding Daniel Beale

GAIN Capital (NYSE:GCAP) has fortified its institutional foreign exchange (FX) staff by appointing veteran Daniel Beale as its Institutional Sales and Trading specialist, where he will be based out of London. Read More Here

Trending

CWMFX’s Parent Group Linked to Massive Offshore Ponzi Scheme

Offshore Alert, an investigative research publication, is claiming that CWM Group is part of a massive $16 billion Ponzi scheme, orchestrated by the Mauritius-regulated Belvedere Management Limited. Read More Here

Skrill Bought by Rival Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term Provider Neteller for €1.1 Billion

Optimal Payments Plc (LSE: OPAY), the group behind the popular NETELLER payment solution, has just revealed it would buy rival Skrill Group for a sum of about €1.1 billion in order to expand its online services. Read More Here