On 3 May 2024, Ali pled guilty to five charges of fraud amounting to $771,303 AUD, after which the Brisbane District Court imposed the sentence on 27 May 2024. He allegedly misappropriated the trading and investment funds of clients. According to ASIC, DanFX Trade ran an unlicensed foreign exchange. The financial watchdog found that between…
Read more
The plans are said to still be at an early stage, with the exact details of where the site will be located and how big it will be yet to be decided. AWS entered the cloud business in Italy in 2020 and currently has clients like Assicurazioni Generali and Ferrari. The initial plan involves investing €2.2bn…
Read more
This achievement highlights ATFX's unwavering commitment to success and continuous growth. Compared to the same period last year, the first-quarter trading volume for 2024 witnessed a remarkable increase of 31.36%. This upward trend is a positive indicator of ATFX's exceptional performance in the market. During this period, ATFX's precious metals category particularly shone bright, with…
Read more
Today Siju Daniel, Chief Commercial Officer of ATFX, will share his vision for driving global business growth and enhancing ATFX's industry leadership. Hi Siju, in your role as the Chief Commercial Officer, you're tasked with driving global revenue growth for ATFX. Could you tell us the reasons you joined ATFX, and elaborate on how you…
Read more
Exness acted as the summits partner, and showcased its recent rebrand alongside its dedication to a frictionless trading experience powered by cutting-edge technology. Its advanced products resonated strongly with attendees. Paul Margarites, Regional Commercial Director at Exness, stated: These awards stand as a powerful validation of our focus on empowering traders with the best possible…
Read more
He said that BA had to burn its way through $3.9bn of its cash reserves in Q1 as it was affected by heavier operating costs as well as revenue being lowered through making fewer plane deliveries. The result could be that Boeing ends up in a negative cash situation in 2024. Earlier cash projections had…
Read more
Trade regulators in Brussels stated that, based on the findings of an examination of Chinese government subsidies, they could revise the current import costs of Chinese-made electric vehicles (EVs). Ursula von der Leyen, the European Commission president, said that it would be a bespoke investigation and any duties would align with the “level of damage”.…
Read more
According to the UK’s financial watchdog, the bank did not “properly consider” the circumstances of people when they missed debt repayments between June 2017 and October 2018. This implies that HSBC did not correctly perform “affordability assessments” when devising plans to reduce or clear arrears. Don’t miss out the latest news, subscribe to LeapRate’s newsletter…
Read more
IC Insights powered by TipRanks, taps into cutting-edge tools like News Sentiment, Investor Sentiment, Analysts Ratings, and Trending Stocks to help clients make data-driven decisions, all at no cost. The News Sentiment tool aggregates sentiment and buzz from over 130 financial news websites, offering IC Markets clients unique insights into the bullish and bearish sentiment…
Read more
According to the Eurex press release, this is part of the Spanish financial institution’s expansion of its FX futures trade and highlights current trends toward listed FX business. Banco Santander (SAN) underpins this expansion as the clearing member and Deutsche Bank (DB) as the liquidity provider. Don’t miss out the latest news, subscribe to LeapRate’s…
Read more