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Monthly Archives: December 2022

U.S. Charges Sam Bankman-Fried for Fraud

Written on December 19, 2022 at 7:22 am, by

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

Scaled-Down 50bps Hike From Fed Belies Hawkish Outlook

Written on December 15, 2022 at 6:28 am, by

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

What is Leverage?

Written on December 13, 2022 at 5:00 am, by

Find out more about leverage, margin, and how they can benefit you when trading forex, gold, and more You might have heard the term “leverage” being used by traders or in the finance world, but what does it really mean? Leverage is a tool used by investors or traders to amplify their returns on anContinue Reading

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