Monthly Archives: December 2022
41654156156U.S. Charges Sam Bankman-Fried for Fraud
Written on December 19, 2022 at 7:22 am, by jonywang
Embattled FTX founder Sam Bankman-Fried has been slapped with 8 charges by federal prosecutors, including conspiracy and wire fraud. The ex-CEO was arrested in the Bahamas on Monday – the first move by the authorities to hold those involved in the FTX meltdown and the subsequent loss of billions in client funds accountable. In addition,Continue Reading
Upcoming Weekly Adjustment on Index Dividend Notice
Written on December 15, 2022 at 8:05 am, by jonywang
Dear Valued Client, Please be advised that the dividends of the following index CFDs will be adjusted by upcoming ex-dividend dates. The comment for trading index CFDs will be in the following format “Div&<Product Name>&<Net Volume>” which show in the balance after the close of the day before the dividend payment date. Please refer toContinue Reading
Scaled-Down 50bps Hike From Fed Belies Hawkish Outlook
Written on December 15, 2022 at 6:28 am, by jonywang
On Wednesday, 14 December, the U.S. Federal Reserve announced its last rate hike of the year – a 50-basis point increase to the Fed fund rate, well in line with the market’s expectations. This brings the Fed benchmark rate to 4.25% – 4.5%, the highest in 15 years. While a dovish step down from theContinue Reading
