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10/30: MonetaMarkets launches MT5 server; Marex joins SGX derivatives trading

10/30: MonetaMarkets launches MT5 server; Marex joins SGX derivatives trading

TraderKnowsTraderKnows
2024-05-10
Summary:MonetaMarkets has launched a new MT5 server; Marex becomes a clearing and trading member for derivatives at the New Exchange Group; Victor Zachariades has been appointed director of Go Markets' Cyprus company.

1. MonetaMarkets Launches New MT5 Server

The forex broker MonetaMarkets has launched a new MetaTrader 5 flagship server in New York, aiming to meet its rapid expansion needs throughout 2023.

2. Cyprus Securities and Exchange Commission (CySEC) recently updated its unauthorized blacklist, adding 16 websites. These websites are involved in providing investment services and/or conducting investment activities without authorization.

The 16 illegal websites are as follows:

  1. otofpr.life
  2. acmarketsltd.com
  3. pmgroup365.com
  4. morganfinance.io
  5. uniglobemarkets.com
  6. quantumai-new-uk-ct.invest-kapitals.com
  7. cnxmarkets.com
  8. evallvellc.com
  9. t.me/Fxglobe_limited
  10. aaatradecn.co
  11. platform-nbdtrading.com
  12. amadeus-markets.com & cfd.amadeus-markets.com
  13. xtreamforex.com
  14. torrocapital3.com
  15. royalinvestmentconsortium.com
  16. axiacvs.com

3. Marex Becomes a Member of the SGX Group for Derivatives Trading and Clearing

The diversified global financial services platform Marex has announced it has become a trading and clearing member of the Singapore Exchange Group (SGX).

Marex's clearing business provides essential infrastructure services to a broad range of clients, including banks, hedge funds, asset management companies, corporates, and trading groups. Marex also offers exchange liquidity through market making, brokerage, and execution services, along with over-the-counter bespoke derivatives through its hedging and investment solutions business.

4. Victor Zachariades Appointed as Director of Go Markets Cyprus

Executive Victor Zachariades, who holds a master's degree in finance and has over 15 years of experience in financial services and banking, has now joined GO Markets as a member of its board of directors in Cyprus.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

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TraderKnows
Written byTraderKnows
Created date:2023-10-30 10:37
Last Updated:2024-05-10 07:21
Independent Analysis: Manually researched and fact-checked by the TraderKnows Compliance Team, based on public regulatory records.
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