Category: Forex

June 25, 2024 BY Elizabeth Anderson

FX Veteran John Bogue Joins ATFX as Director of Institutional Operation

John’s extensive background includes significant roles at NatWest Markets Plc and Euronext FX Inc., formerly FastMatch. His deep understanding and seasoned oversight have been honed through his exposure to all facets of the FX asset class, including operations, risk management, and sales functions. John’s prior position was as Director for EMEA FX at TraderTools. He…

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E-commerce company Amazon 3Q preview
June 24, 2024 BY Robert Bell

Amazon May Charge Monthly Alexa Fee

Recent reports suggest that a monthly fee of between $5 and $10 will be charged in an attempt to finally turn Alexa into a profitable part of the AMZN empire. It’s been suggested that the new charge may be introduced at the same time the assistant is renamed Remarkable Alexa. This updated version of the…

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Recent testing exercise yields accolades for 7 best Forex brokers for 2020
June 24, 2024 BY Elizabeth Anderson

Global UF Awards: Brokers And Fintechs Making Their Mark

These sought-after awards signify a company’s commitment to financial ethics, innovation and progress. Interested parties, which included investors, brokers, liquidity providers and fintech pioneers, attended the iFX EXPO International 2024 from 18 June 2024. The UF awards ceremony concluded the event on 20 June 2024. XS.com received acknowledgement as broker of the year, while FXView…

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June 21, 2024 BY Robert Bell

Boeing Facing Calls For $25bn Fine

He wrote a letter to the US Department of Justice in which he suggested that the $25bn fine is legally justified and clearly appropriate for what he called “the deadliest corporate crime in US history”. However, Cassell went on to say that the figure could be lower if Boeing boosts its safety measures and agrees…

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snb swiss national bank office
June 21, 2024 BY Elizabeth Anderson

SNB Prunes Interest Rates As Major Economies Hesitate

In a Reuters poll, two-thirds of economists predicted this interest rate decrease. The Swiss franc (CHF) buckled somewhat after this announcement and was down 0.3% against the EUR and 0.5% against the USD at one stage. Don’t miss out the latest news, subscribe to LeapRate’s newsletter The SNB’s predictions peg inflation at 1.3% for 2024,…

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June 20, 2024 BY Robert Bell

Nvidia Becomes the Most Valuable Company in the World

The rise happened on Tuesday, as the NVDA shares soared to create a new total market capitalisation of $3.34tn. It came following a day where a surge of more than 3% in the share price took it to a new record high of $136. That took the company’s valuation to 180% higher than at the…

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June 20, 2024 BY Elizabeth Anderson

Three SFC Cases Go To Court, Regulator Celebrates 35 Years

According to the financial watchdog, 18 defendants face charges under the Securities and Futures Ordinance. These vary from conspiracy to defraud to money laundering and involve the shares of Eggriculture Food Limited (8609.HK), Fullwealth Construction Holdings Company Limited (1034.HK) and KNT Holdings Limited (1025.HK). Don’t miss out the latest news, subscribe to LeapRate’s newsletter This…

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June 20, 2024 BY Elizabeth Anderson

Greenback And World Markets React To Lethargic US Economy

The Associated Press (AP) reported that the Dow Jones Industrial Average slipped by 0.1% compared to the S&P 500, which increased by 0.1%. US markets were closed on 19 June 2024 for the Juneteenth bank holiday. European equities were down, with the FTSE 100 dipping by 0.2%. UK inflation rates are currently at the benchmark…

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June 19, 2024 BY Elizabeth Anderson

Decagon Raises $35m In Fundraising Drive For AI-Driven Customer Service

This company claims that it offers a “powerful generative AI platform that mirrors human capabilities, by accurately and autonomously handling complex customer support jobs”. The AI service can reportedly supplement or replace a company’s customer care worker pool. Based on a Reuters report, OpenAI, which was backed by Microsoft Corporation (MSFT), started the current AI…

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