1. The Autumn Awards Ceremony for the 2023 TradingLive Impact Award will be held tomorrow
The autumn awards ceremony for the 2023 TradingLive Impact Award will take place on September 6, 2023, at 4:30 p.m. Cyprus time, at the AMARA Hotel in Limassol. The award ceremony can be watched live online!
For more details, please visit the TradingLive website or download the Trading Live app. If you have any questions, please send an email to [email protected].
2. Malaysia's SC Updates its August Investor Alert List, Adding 24 Unauthorized Companies
The Securities Commission Malaysia (SC) has updated its investor alert list for August, adding 24 unauthorized websites, investment products, companies, or individuals.
Note that this list is not exhaustive and is intended as a reference before making investment decisions.
The companies/individuals added to the August alert list are as follows:
- MyCryptoversity / Beranikripto
- Pelaburan Saham
- (AAA) Labur Saham Syariah
- Team Sahabat Invest
- Silver Aspire 248
- Perdana Wawasan (M) Berhad
- Global Stock Trading
- Oroku Edge
- RZK Century Trading
- A Telegram group cloning the Securities Commission Malaysia
- Potential clone entity - Bursa Malaysia Group
- Potential clone entity - Qhazanah Islamic / QhazanahQuantum
- Fusion Markets
- Potential clone entity - Ihsan Trading
- Potential clone entity - Middle East Investment Company (MEIC)
- One Royal
- Pelaburan Crypto Club
- Nerd Trade Malaysia / NT Trade
- Potential clone entity - GPT Coin
- Potential clone entity - Wahed Global
- Potential clone entity - MIG Top Trading
- ACI Exchange
- Potential clone entity - Amara Investments Berhad
- Pelaburan Saham Gold Syariah
3. Moscow Exchange Sees Growth Across All Markets in August 2023
Russia's largest exchange, the Moscow Exchange, has released its key trading figures for August 2023, with a total trading volume of 127.5 trillion rubles, marking a 56.9% increase year-over-year.
Here's how trading fared across the markets: the stock market's trading volume grew 3.7 times, the derivatives market grew 1.9 times, the bond market increased by 82.5%, the foreign exchange market grew by 63%, the money market by 44.7%, and the precious metals market grew 4.3 times.
4. Clear Junction Acquires UK FinTech Company Altalix
Altalix has been acquired by the payment solution provider Clear Junction, with the acquisition amount undisclosed. Altalix will be renamed Clear Junction Digital Ltd., and will adjust its business strategy. Altalix was among the earliest companies to be registered by the UK Financial Conduct Authority (FCA) and was regulated by the Sandbox and Innovation Hub. Since 2016, Clear Junction has been providing technology support to regulated institutions, with access to payment accounts, e-money accounts, virtual IBANs, etc., globally. The acquisition of Altalix by Clear Junction is to adapt to the dynamic changes in the digital asset market, seizing competitive advantages in an ever-evolving market.
5. J.P. Morgan Payments Partners with Network International to Strengthen its Acquiring Business in the Middle East and Africa
Network International (Network), a leading digital commerce company in the Middle East and Africa (MEA) region, has announced its partnership with J.P. Morgan Payments to strengthen the bank's acquiring business. J.P. Morgan Payments covers over 160 countries and more than 120 currencies, making it one of the largest merchant acquiring institutions by transaction volume worldwide.
6. IQ Option Appoints Pawel Cichowski as Head of the European Trading Division
IQ Option has appointed Pawel Cichowski as the head of the IQ Option Europe LTD trading division. Pawel brings a wealth of experience, having served as the head of trading at XBO, as the chief trader/trading division head at the German FinTech company NAGA, and having worked for over seven years at xPro, overseeing the company’s trading systems and order execution (forex and other assets), forecasting market risks, and macroeconomic events. Pawel also worked at the Polish commercial bank, Meritum Bank ICB S.A., and served as a market analyst for Reuters.
7. ICE Reports Increased Trading Volume in Financial Products for August
Intercontinental Exchange, Inc. (ICE), a data, technology, and market infrastructure provider, has released its trading figures for August 2023, totaling 47,287,456 financial product contracts, marking a 12.3% increase from July 2023 but a 11.7% decline from the same period in 2022.
8. FCA Adds SMARTCOINFX and Two Other Companies to its Blacklist
The UK FCA recently warned that SMARTCOINFX, OCTAFXELITETRADE, and DynastyFx might be offering financial services or products in the UK without FCA authorization, advising investors to exercise caution when dealing with them.
For more details:
Unauthorized company - SMARTCOINFX
Email: [email protected]
Website: https://smartcoinfx.com
Other: SMART COIN FX
Unauthorized company - OCTAFXELITETRADE
Address: Gresham House, 24 Holborn Viaduct, London, England, UNITED KINGDOM, EC1A 2BN
Email: [email protected]
Website: https://octafxelitetrade.com
Other: OCTA FX ELITE TRADE
Unauthorized company - DynastyFx Global
Address: Coffeyville, Massachusetts USA
Phone: +18452935074
Email: [email protected]
Website: www.dynastyfxglobal.com
