Last week the shares of Credit Suisse fell to an all-time low, causing the Swiss National Bank to step in with a liquidity lifeline of up to 50 billion Swiss francs ($54 billion). This marked the first major bank intervention since the 2008 global financial crisis. The bank’s shares have nosedived nearly 98% since their peak in April 2007, while credit default swaps, insuring bondholders against defaults, reached record highs.
The prolonged period of low interest rates has led to banks operating in a certain way, and now that rates are rising, certain banks are finding it difficult to adjust. This was highlighted by the recent announcement from Silicon Valley Bank (SVB) that it is insolvent.
Dear clients,
We would like to inform you that due to the shift to Daylight Saving Time (DST) in the U.S., the trading hours of some CFD markets will be changed during the period 12 – 26 March.
Dear clients,
We would like to inform you that due to the Presidents’ Day in the US, on Monday, February 20, 2023 the trading hours of some CFD markets will be changed as follows:
We would like to present to your attention the newest instrument in our portfolio – microbitcoin. It is at 1/100 of the value of bitcoin and is suitable for traders who would like to trade in the most popular cryptocurrency, but do not have sufficient capital.
Dear Clients,
We would like to inform you that due to the Martin Luther King Day in the U.S., on Monday, 16 January, 2023, the trading hours of some CFD markets will be changed as follows: