25/06/ · JP Markets – Forex Brokers and Traders Stay Woke (Part 3) The saga continues as the latest update regarding the contemplated liquidation of JP Markets SA (Pty) Ltd is still underway. According to the latest circular issued by the joint liquidators, the leave to appeal the liquidation of JP Markets was granted by Judge Gilbert on 8 April but no 16/05/ · JPMarkets is a forex broker. JP Markets offers the MetaTrader 4 and Mobile forex trading top platform. blogger.com offers over 25 forex currency pairs, cfds, stocks, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options. Forex Brokers Crypto Stocks CFD - Contract for Difference MetaTrader blogger.comt: support@blogger.com, JP Markets is a South African Forex broker that initially started its operation since with a base on an extensive understanding of international financial markets. The main JP Markets offering strives for the ability to engage in long-lasting relationships and trading capability, which inspires local and global traders to
JP Markets Review - South African Forex Broker Unpacked
See extract below:. The First Respondent [JP Markets] will be unable to operate its business without a license, and the business can therefore not be saved. A copy of the Judgements are included in the link, which will provide you with more insight and clarity as to why JP Markets respective applications failed. It has been approximately six months since the Gauteng High Court handed down judgment for the final liquidation and winding-up of JP Markets, and all the traders who have their funds frozen in the trading account of JP Markets are in no better position, nor do they have clarity on when their funds will be paid out by JP Markets.
Considering the above statement, particularly the aspect dealing with the appeal, jp markets forex broker, it seems that Justin Paulsen intends to appeal the decision taken in respect of the High Court Order. It is worth noting that only until such time that the leave to appeal has been denied, then only will the Liquidators be in a position to proceed with the winding-up of JP Markets by putting into place a definitive timeline for the liquidation and intended distribution.
To this end, we reiterate advice as mentioned in our previous article Part 1 — Forex Brokers and Traders Stay Woke that if you are a trader whose funds are frozen in the JP Markets trading account, consider yourself a creditor in this matter. In order to recover your funds, you are required to ensure that the Liquidators know that you are a creditor by placing your claim on record, by completing and submitting a formal claim form.
This way, you will ensure your claim is on record and be kept up to date on any developments and notices that the Liquidators may issue. If you have not done so already, we suggest that you attend to this as soon as reasonably possible. If you are one of the traders who need to get in touch with the Liquidators to lodge your claim, jp markets forex broker, please do not hesitate to contact BBP Law Attorneys for assistance, as we are already acting for traders in this matter.
Brent Petersen brent bbplaw. attorney Senior Associate, jp markets forex broker. Digital Marketing by MadMunki Studios. No Comments. The first being — the Financial Services Tribunal dismissing JP Markets application for the reconsideration of the decision by the Financial Sector Conduct Authority to suspend the licence of JP Markets; and The second being — the Western Cape High Court dismissing the application for JP Markets to be placed in business rescue.
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JP Markets Liquidation - FSCA - Justin Paulsen - ODP Brokers (TRUTH REVEALED)
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16/05/ · JPMarkets is a forex broker. JP Markets offers the MetaTrader 4 and Mobile forex trading top platform. blogger.com offers over 25 forex currency pairs, cfds, stocks, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options. Forex Brokers Crypto Stocks CFD - Contract for Difference MetaTrader blogger.comt: support@blogger.com, 09/04/ · JP Markets is a name well known to all forex brokers and traders, and accordingly, they should be on high alert as judgement was handed down on 4 March by AJ Gibson of the Western Cape High Court dismissing Justin Paulsen’s business rescue application (“High Court Order”). See extract below JP Markets is a South African Forex broker that initially started its operation since with a base on an extensive understanding of international financial markets. The main JP Markets offering strives for the ability to engage in long-lasting relationships and trading capability, which inspires local and global traders to
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