RVD Markets LTD announces initiation of bankruptcy proceedings
The company RVD Markets LTD has issued an announcement regarding initiation of bankruptcy proceedings.
RVD Markets LTD says:
Because of failed hedge operations at the beginning of the calendar year to a collapse of the euro against the Swiss franc had been exhausted almost all segregated funds for clearing positions in the accounts of clients have liquidity providers. It was made a desperate attempt to regroup clearing operations on the basis of internal overlapping positions of clients and third-party investment research company for resuscitation. Taking into account the bankruptcy of many brokerage firms, the confidence of private investors fell to a critical level, thus forms a negative balance of input-output to a trading account in the company. The situation is aggravated by blocking the accounts of a number of banks to freeze assets for an indefinite period. Since an attempt to attract private investors to stabilize the life of the company does not succeed, it makes no sense to continue to catastrophic loss-making activities of the company RVD Markets.
Trading will be suspended from the close of trading on the world as well as time deposits and the lock on the trading accounts of clients.
It will prioritize payments to customers after the completion of the bankruptcy proceedings, Holds unblock funds in payment systems and banks and the implementation of the company’s liabilities in the form of software
The company wants to thank all customers for their trust, and apologizes for the situation.
Source: RVD Markets
