The claim was filed with the International Centre for Settlement of Investment Disputes (ICSID), a part of the World Bank based in Washington, D.C. ICSID, known for arbitrating disputes between global investors and states, registered the case on January 18, as indicated on its website. The Bulgarian finance ministry acknowledged receiving an arbitration request from…
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ATFX to Relocate to a Larger Office in Sydney, Reflecting Company Growth ATFX is preparing to relocate to a more spacious office in Sydney in the upcoming second quarter as a testament to its ongoing expansion. This move symbolises the company's continuous growth and its dedication to delivering superior trading services to its clientele. Joe…
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The central strategy of MetaTrader 5 is to smoothly guide users from their first engagement, such as clicking a promotional banner, to executing their first trade. This is achieved by integrating functionalities that confirm contact details and allow the creation of both demo and preliminary real accounts within the platform. Now, users can verify their…
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Kurt vom Scheidt, OANDA's Chief Operating Officer, stated: “Our program aims to empower adept traders by providing them with seamless access to global financial markets and a diverse array of asset classes.” He emphasised the company’s commitment to enabling traders to thrive in the financial markets. Prospective traders at OANDA must complete an assessment test,…
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Tamas Szabo, CEO of Pepperstone, commented on the partnership, highlighting the alignment in ambition and dedication to success between the two entities. He drew parallels between strategic thinking in trading and sports, emphasising the ability to thrive amid challenging situations. The AFC Asian Cup is a leading football tournament in Asia, organised by the AFC,…
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The surge in revenue also led to a rise in the sales cost, which escalated to £123,677 from the previous year's £38,290. Consequently, the gross profit soared to £668,114, registering a 212% increase. The London-based company also witnessed a substantial hike in administrative expenses, which jumped 187% to £520,304 from £181,496. Upon accounting for other…
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The ruling by U.S. District Judge William Young, which occurred on Tuesday, halted Spirit's proposed $3.8 billion sale to JetBlue. The decision, aligning with antitrust regulators' concerns, suggested that the merger could increase consumer airfares. Following this ruling, Spirit's stock value plummeted over 60%. Additionally, the financial stability of Spirit Airlines is under scrutiny, evidenced…
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A vital feature of this update is the ability for users to export trading reports in both HTML and PDF formats directly from the platform. This enhancement allows traders to conveniently share their performance with peers and investors, utilising new export options in both the File and report menus. MT5 has also introduced the functionality…
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The 'Cutting-Edge' portfolio features a selection of 15 US stocks, set for monthly rebalancing. This strategy aims to achieve risk-adjusted returns that surpass the S&P 500 benchmark, a goal supported by the STRATxAI backtest engine. This engine comprehensively reviews the performance of over 5,000 mid to large-cap US stocks from the past two decades, ensuring…
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The decision follows a surge in retail trading fueled by the COVID-19 pandemic, which led various mobile banking platforms, including the UK's Revolut, to incorporate stock and cryptocurrency trading features. N26 had previously launched crypto trading for some of its users towards the end of 2022. The move comes after the German financial watchdog BaFin…
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