Andrey Dashin was one of the founders and major shareholders in the Alpari group and he was worried about the state of the group way back last year. He’s commenting on the state of the company via Reuters.
- Says should have wound up parent company of Alpari UK in Jan 2014 due to capital concerns
- Had realised then that Alpari UK was doomed without a reliable source of funding
- Wanted to avoid financial meltdown
- Says now is the ideal time for Alpari Russia to expand to other jurisdictions
With Alpari UK in administration we’re now seeing how it’s all going to unravel. It is also going to bring the regulatory spotlight shining even brighter on retail brokers. Dashin is also behind the broker FXTM or Forex Time which launched in 2013
