Sova Capital Ltd is an FCA authorised and regulated wholesale broker. The firm provided trading and execution services to its clients, including providing access to the Russian markets.
On 3 March 2022, the Court appointed David Philip Soden, Ian Colin Wormleighton and Stephen Browne of Teneo Financial Advisory Ltd, as Joint Special Administrators of Sova Capital Ltd, following an application by the Directors.
Further details can be found at the Joint Special Administrators’ website.
The Joint Special Administrators have also advised that customers should contact their normal Sova Capital contact for urgent queries. The Joint Special Administrators will be contacting all customers via their Sova Capital contact on 4 March 2022.
If yours is a creditor or statutory query, please email SovaCapital@teneo.com and the Joint Special Administrators’ team will respond.
You can also read details on the FCA website.
FSCS will be investigating whether there are any claims that are eligible for compensation. As part of this investigation, we will be working closely with the Joint Special Administrators.