News Nuggets | 27 July: DXtrade Teams Up with Acuity; Firm of Tickmill’s CEO Invest €3.5M

<p>DXtrade Leverages Acuity's
AI for Trading</p><p>Devexperts,
the developer of <a href="https://www.financemagnates.com/tag/dxtrade/" target="_blank" rel="follow">DXtrade platforms</a>, has teamed up with Acuity, a leader in
AI-driven market insights. This collaboration brings innovative visual trading
tools to DXtrade brokers, allowing their clients to identify potential
investment opportunities. </p><p>Acuity’s
advanced Natural Language Processing technology streamlines unstructured news
into structured data, facilitating real-time detection of market patterns. As a
result, DXtrade brokers can help clients discern granular opinions, spot market
trends, and analyze disparate data sets.</p><p>Acuity’s AI
scrutinizes a wide range of market insights, generating trading ideas and
assessing market <a href="https://www.financemagnates.com/terms/v/volatility/">volatility</a> by processing news sentiment and volume. </p><p>AgenaTrader and
TradersYard Secure €3.5 Million Funding</p><p>Vienna-based
Galaxy Ventures GmbH, the holding company behind AgenaTrader and TradersYard,
has secured a €3.5 million investment from Swiss private equity firm Andromeda
Capital Partners Suisse AG. This investment signifies a crucial milestone for
both AgenaTrader and TradersYard as they begin a transformative journey to redefine
trading through advanced trading platforms and a cooperative social trading
network. </p><p>“Andromeda
was founded by Ingmar Mattus, who is also the co-founder of the globally
operating trading fintech <a href="https://www.financemagnates.com/tag/tickmill/" target="_blank" rel="follow">Tickmill </a>and additionally a major shareholder in the
Amsterdam-based investment app Change Group,” the press release seen by Finance
Magnates stated.</p><p>From left to right: Manuel Sonnleithner, the COO AgenaTrader &amp; Co-Founder at TradersYard, Gilbert Kreuzthaler, the Founder &amp; CEO of AgenaTrader and the Co-Founder of TradersYard and Ingmar Mattus, the Founder of Andromeda Capital Partners Suisse AG &amp; the Co-Founder at Tickmill Group.</p><p>eToro Introduces Fintech
Exposure Portfolio</p><p>Trading and
investing platform <a href="https://www.financemagnates.com/tag/etoro/" target="_blank" rel="follow">eToro </a>has launched Fin-Tech, a new portfolio offering retail
investors long-term exposure to companies driving the fintech revolution. The
portfolio presents investors with a unique diversification opportunity as it
merges the strength of the rapidly expanding tech industry with the stability
of traditional financial institutions.</p><p>The new
portfolio features a handpicked mix of top-performing companies from various
fintech verticals, including paytech, insurtech, digital banking, and trading. </p><p>Caution against Aquafinance.ltd
– an Imposter Website</p><p>Aquafinance.ltd
has come under scrutiny of <a href="https://www.financemagnates.com/tag/amf/" target="_blank" rel="follow">New Zealand's AMF</a> for offering unregistered financial services in New
Zealand. It claims to be a registered company in the country, using the
Certificate of Incorporation of a legitimate New Zealand company, Maritime Aqua
Limited.</p><p>Maritime
Aqua Limited's director has confirmed no association with Aquafinance.ltd. As a
result, potential investors are advised to exercise caution when dealing with
Aquafinance.ltd.</p><p>DMALINK and COMO Digital
Life Forge Strategic Partnership</p><p><a href="https://www.financemagnates.com/tag/dmalink/" target="_blank" rel="follow">DMALINK</a>, an
ECN for professional Foreign Exchange traders, and COMO Digital Life, a global
financial infrastructure provider, have entered into a key strategic
partnership. This alliance leverages COMO Digital Life's cross-border payment
expertise and DMALINK's FX proficiency to provide a comprehensive solution
tailored to fast-growth innovative technology companies.</p><p>COMO
Digital Life, based in Luxembourg, offers multi-currency IBAN accounts and a
variety of services for platforms, corporates, payment service providers, and
Fintechs. </p><p>Z Holdings Collaborates
with OpenAI </p><p>Z Holdings
Corporation has sealed an enterprise agreement with <a href="https://www.financemagnates.com/tag/chatgpt/" target="_blank" rel="follow">Open AI L.L.C.,</a> allowing
the use of all APIs, including GPT-4. This enables LINE Corporation, its subsidiaries, and Yahoo Japan to <a href="https://www.financemagnates.com/terms/l/leverage/">leverage</a> these APIs to boost
operational productivity and service quality.</p><p>This
service adheres to strict network restrictions and internal authentication to
ensure secure usage within each company's internal network environment. This
enterprise agreement paves the way for users to employ APIs in various business
activities, including drafting, research, text categorization, translation, and
idea generation, driving productivity and innovation.</p><p>SEC Accuses Investor of
Insider Trading</p><p>The
Securities and Exchange Commission (<a href="https://www.financemagnates.com/tag/sec/" target="_blank" rel="follow">SEC</a>) has charged investor Joseph C. Lewis
with illegal tipping of material nonpublic information to his then-girlfriend,
Carolyn W. Carter, and his two private pilots, Patrick J. O’Connor and Bryan L.
Waugh. The SEC alleges that the tipped information was used to execute trades,
earning profits of over $545,000.</p><p>Lewis, who
controls a biotechnology investment fund, allegedly breached confidentiality
duties by illegally tipping Carter, O’Connor, and Waugh with material nonpublic
information on multiple occasions. This led to significant profits from share
price increases following announcements of capital raising and positive
clinical trial results.</p><p>ASIC Appoints Morgan
Stanley for Shares Sale in TMH</p><p>The
Australian Securities and Investments Commission (<a href="https://www.financemagnates.com/tag/asic/" target="_blank" rel="follow">ASIC</a>) has appointed Morgan
Stanley Wealth Management Australia Pty Ltd to sell 2,061,343 ordinary shares
in The Market Herald Limited (TMH). This move follows a decision by the
Takeovers Panel to vest shares in the Commonwealth for sale by ASIC,
representing approximately 0.64% of TMH’s issued capital.</p><p>The sale
process adheres to the ASIC’s orders, including that Morgan Stanley will use
the most appropriate sale method to secure the best sale price. The shares must
be sold within six months from Morgan Stanley's appointment, and specific
individuals and their associates are restricted from acquiring any of the Sale
Shares.</p>

This article was written by Damian Chmiel at www.financemagnates.com.