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Watch Out for Aidan Trading and Catalyst CM Limited

Released on June 26, 2018

The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) has issued a Temporary Cease Trade Order against Aidan Trading and Catalyst CM Limited.  They appear to be operating an unregistered online platform at www.aidantrading.com that allows users to trade in FOREX and Contracts for Difference (CFDs).

“A company or individual appearing to be in the business of trading FOREX or CFDs in Saskatchewan must be registered,” FCAA Deputy Director of Enforcement Ed Rodonets said.  “Always check to see if these companies or people are registered at www.aretheyregistered.ca before investing.  If they are not, do not send information or money as you may become a victim of a scam.”


A Saskatchewan resident was contacted by a representative of Aidan Trading and Catalyst CM Limited and advised to purchase heating oil options and to invest in bitcoin.

Aidan Trading and Catalyst CM Limited are not registered to trade in or advise on securities or derivatives in Saskatchewan.  Securities regulators in Manitoba, British Columbia, New Brunswick and Ontario have also issued warnings about Aidan Trading and Catalyst CM Limited.

Anyone contacted by Aidan Trading or Catalyst CM Limited should contact the FCAA Securities Division at 306-787-5936.

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For more information, contact:

Shannon McMillan
Financial and Consumer Affairs Authority
Regina
Phone: 306-798-4160
Email: shannon.mcmillan@gov.sk.ca

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