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City broker Sigma hit with winding-up petition

City Correspondent

The legal action follows a challenging period for City-based Sigma (Photo by Dinendra Haria/SOPA Images/LightRocket via Getty Images)

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London-based Sigma Broking has been issued a winding-up petition, in the latest challenge for the loss-making firm after the departure of its top executives.

Rampart Corporate Advisors, a Gibraltar-based professional services firm, made the petition against Sigma on 8 August, according to legal filings.

Sigma Broking was fined £1.1m by the Financial Conduct Authority earlier this month

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