Archive for 'Capital market'

CME Group, the world’s leading and most diverse derivatives marketplace, today announced the launch of NYMEX Brent 25-Day (Platts) futures and options contracts to begin trading December 12 with February 2012 being the first listed month. These contracts are listed with, and subject to, the rules and regulations of NYMEX.

“Our new NYMEX Brent 25-Day contracts will offer customers a critical hedging solution to manage their price risk, at a time when the Brent market is undergoing a significant transformation,” said Gary Morsches, Managing Director, Energy Products, CME Group. “Customers have expressed strong interest in a transparently settled Brent futures contract that more closely reflects the hedging needs of the underlying physical Brent market. We’re confident our new contracts are well aligned with the Platts 25-day basis and will provide market participants with transparency and superior convergence against the physical Brent market to enable them to begin managing their price risk today.”

Final settlement of NYMEX Brent 25-Day (Platts) futures and options contracts will be based on the Platts 25-day Brent (BFOE) cash assessment and use the Platts Market on Close (MOC) methodology, which is the industry standard for Brent pricing. Options to be listed will include an average price option and underlying calendar swap, as well as American-style and European-style options. These contracts will be listed for electronic trading on CME Globex, open-outcry and over-the-counter clearing on CME ClearPort.

CME Group will work with Platts on an ongoing basis to maintain contract specifications in close alignment with the Brent (BFOE) cash market, including adopting a revised expiry schedule beginning in March 2015.

The CME Group Energy complex offers the most benchmarks in its asset class, with market participants trading an average daily volume of 1.8 million contracts on CME Globex, CME ClearPort and the trading floor.

As the world’s leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk.  CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.  CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago.  CME Group also operates CME

Clearing, one of the world’s leading central counterparty clearing providers, which offers clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.

CME Group is a trademark of CME Group Inc. The Globe Logo, CME, Globex and Chicago Mercantile Exchange are trademarks of Chicago Mercantile Exchange Inc.  CBOT and the Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are registered trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc.  All other trademarks are the property of their respective owners. Further information about CME Group (NASDAQ: CME) and its products can be found at www.cmegroup.com.

CME-G

CONTACT: Media, Damon Leavell, +1-212-299-2547, or Allan Schoenberg, +44.203.379.3830, news@cmegroup.com, www.cmegroup.mediaroom.com, or Investors, John Peschier, +1-312-930-8491

Web Site: http://www.cmegroup.com

Futures Volume Rises 21%

IntercontinentalExchange (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing houses and over-the-counter (OTC) markets, reported futures volume in October 2011. Average daily volume (ADV) for ICE’s futures markets was 1,610,020 contracts, an increase of 21% from October 2010. Year-to-date through October 31, ADV across ICE’s futures exchanges was 1,549,076 contracts, an increase of 17% compared to the first ten months of 2010.  Total futures volume in October 2011 was 33.8 million contracts.

October 2011 Review

  • ICE Futures Europe records:
    • ICE Gas Oil futures and Brent Crude options established monthly volume records of 6,650,769 contracts and 275,501 contracts, respectively.
    • The exchange set an open interest record of 4,666,333 contracts on October 28.  During the month, open interest records were established for ICE Brent Crude futures and options, Low Sulphur Gas Oil futures and a variety of other emissions futures contracts.
  • ICE Futures U.S. records:
    • ICE Cocoa Futures and Options set open interest records of 198,865 contracts and 134,866 contracts, respectively, on October 28.  ICE Cocoa Options also established a daily volume record of 17,975 contracts on October 4.
  • ICE Clear Credit became the first clearing house to clear sovereign CDS with the launch of Latin American sovereign CDS on October 31.
  • ICE Futures Canada announced its intent to introduce new futures contracts for milling wheat, durum wheat and barley following the end of the Canadian Wheat Board monopoly on the sale and marketing of Canadian grains in 2012.
  • Dow Jones Indexes and UBS announced the addition of Brent Crude to the Dow-Jones-UBS Commodity Index.
  • ICE announced it will launch 22 new cleared OTC energy contracts on November 7, bringing its total cleared OTC energy products to more than 600 contracts.
  • Through October 28, ICE’s CDS clearing houses have cleared $24.7 trillion in gross notional value on a cumulative basis across 699,178 transactions. ICE currently lists 330 CDS contracts for clearing.
    • ICE Clear Credit reached $14.3 trillion in gross notional value cleared as of October 28, including $1.2 trillion in single-name CDS, resulting in open interest of $798 billion. ICE Clear Credit offers clearing for 43 indexes and 128 single-name contracts.
    • ICE Clear Europe has cleared euro 7.5 trillion ($10.3 trillion) of gross notional value since inception, including euro 1.1 trillion ($1.5 trillion) in single-name CDS, resulting in euro 568 billion ($803 billion) of open interest. ICE Clear Europe offers clearing for 38 indexes and 121 single-name contracts.
  • Trading days in October 2011:
    • ICE Futures Europe: 21
    • ICE Futures U.S.: 21
    • ICE Futures Canada: 20
    • Chicago Climate Futures Exchange: 21
ICE Futures Contracts & Markets Monthly ADV
Product Line ADV

October

2011

ADV

October

2010

ADV

% Change

ICE Brent Crude futures & options 606,199 408,249 48.5
ICE Gasoil futures & options 318,630 242,427 31.4
ICE WTI Crude futures & options 200,971 207,902 -3.3
ICE ECX emissions futures & options 30,599 21,418 42.9
Other futures contracts (1) 41,267 19,309 113.7
TOTAL ICE FUTURES EUROPE 1,197,666 899,305 33.2
Index futures & options (2) 185,848 132,190 40.6
Sugar No. 11 futures & options 86,485 140,941 -38.6
Other agricultural commodity contracts (3) 81,844 98,157 -16.6
Currency futures and options contracts (4) 35,330 28,388 24.5
TOTAL ICE FUTURES U.S. 389,507 399,676 -2.5
TOTAL ICE FUTURES CANADA & CCFE 22,847 26,836 -14.9
TOTAL FUTURES CONTRACTS 1,610,020 1,325,817 21.4
(1) “Other futures contracts” include ICE UK Natural Gas futures; ICE Coal futures; ICE Dutch TTF and German Natural Gas futures; ICE UK Electricity futures; ICE Heating Oil futures; and ICE Unleaded Gasoline Blendstock (RBOB) futures

(2) “Index futures & options” includes Russell 2000® mini futures and options and futures for the Russell 1000® mini, the Continuous Commodity Index, the Euro Index and the NYSE Composite.

(3) “Other agricultural commodity contracts” include futures and/or options for Cocoa, Coffee “C”, Cotton No. 2, Orange Juice, Sugar No. 14 and Sugar No. 16.

(4) “Currency futures and options” include futures and options for the U.S. Dollar Index and foreign exchange.

ICE Futures Year-to-Date ADV
10-mos 2011 10-mos 2010 Percent Change
ICE Futures Europe 1,089,445 869,897 25.2
ICE Futures U.S. 440,152 432,733 1.7
ICE Futures Canada & CCFE* 19,479 17,256 12.9
Total Futures 1,549,076 1,319,886 17.4
ICE Futures Monthly and Year-to-Date Volume
October 2011 October 2010 Percent Change
ICE Futures Europe 25,150,987 18,885,414 33.2
ICE Futures U.S. 8,179,644 8,393,192 -2.5
ICE Futures Canada & CCFE 457,224 537,936 -15.0
Total Futures 33,787,855 27,816,542 21.5
10-mos 2011 10-mos 2010 Percent Change
ICE Futures Europe 228,783,418 181,808,500 25.8
ICE Futures U.S. 92,431,951 90,441,158 2.2
ICE Futures Canada & CCFE* 4,052,516 3,589,721 12.9
Total Futures 325,267,885 275,839,379 17.9
*ICE acquired CCFE on July 8, 2010. Prior-year amounts do not include CCFE volume prior to that date.
ICE Futures Open Interest
October 31, 2011 December 31, 2010
ICE Futures Europe 4,634,227 3,329,205
ICE Futures U.S. 3,030,502 3,325,618
ICE Futures Canada & CCFE 219,693 283,246
Rolling Three-Month Average Rate per Contract (RPC)
Product Line Three Months Ending
October 2011
Three Months Ending
September 2011
Three Months Ending
August 2011
ICE Futures Europe $1.55 $1.57 $1.58
ICE Futures U.S. Ag $2.39 $2.38 $2.38
ICE Futures U.S. Fin $0.81 $0.82 $0.86
RPC is calculated by dividing transaction revenues by contract volume, and may vary based on pricing, customer and product mix.

Historical futures volume and OTC commission data can be found at: http://ir.theice.com/supplemental.cfm

About IntercontinentalExchange

IntercontinentalExchange (NYSE: ICE) is a leading operator of regulated futures exchanges and over-the-counter markets for agricultural, credit, currency, emissions, energy and equity index contracts. ICE Futures Europe hosts trade in half of the world’s crude and refined oil futures. ICE Futures U.S. and ICE Futures Canada list agricultural, currencies and Russell Index markets. ICE is also a leading operator of central clearing services for the futures and over-the-counter markets, with five regulated clearing houses across North America and Europe. ICE serves customers in more than 70 countries. www.theice.com

The following are trademarks of IntercontinentalExchange, Inc. and/or its affiliated companies: IntercontinentalExchange, ICE, ICE and block design, ICE Futures Canada, ICE Futures Europe, ICE Futures U.S., ICE Trust, ICE Clear Europe, U.S. Dollar Index, European Climate Exchange (ECX) and Chicago Climate Futures Exchange (CCFE). All other trademarks are the property of their respective owners. For more information regarding registered trademarks owned by IntercontinentalExchange, Inc. and/or its affiliated companies, see https://www.theice.com/terms.jhtml

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding IntercontinentalExchange’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE’s Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE’s Annual Report on Form 10-K for the year ended December 31, 2010, as filed with the SEC on February 9, 2011 and ICE’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2011, as filed with the SEC on August 3, 2011.

ICE-CORP

CONTACT: Investor: Kelly Loeffler, VP, Investor Relations & Corp. Communications, +1-770-857-4726, kelly.loeffler@theice.com, or Melanie Shale, Director of Investor & Public Relations, +1-770-857-2532, melanie.shale@theice.com, or Media: Lee Underwood, Director, Communications, +1-770-857-0342, lee.underwood@theice.com, all of IntercontinentalExchange, Inc.

Web Site: http://www.theice.com

Learn How to Trade the Forex Markets with Easy Video Tutorials

Learn How to Trade the Forex Markets with Easy Video Tutorials-Image via Wikipedia

Award-winning forex dealer FX Solutions ( http://www.fxsolutions.com ) is hosting a range of trading platform tutorials to help its clients react quickly and effectively to market movements.

These easy-to-use video guides cover everything from logging on to entering, managing and closing trades across all four FX Solutions platforms. If a trader wishes to enable one-click trading, understand the forex calculator or place an order, FX Solutions offers a video to show them how.

As well as offering an educational menu perfect for new traders, FX Solutions was recently named ‘Overall Best Forex Broker [http://www.fxsolutions.com/company-info/company-news/overall-best-forex-broker.asp ] ‘ for veteran traders by SmartMoney magazine. Accepting the accolade, FX Solutions CEO Michael Cairns commented: “To be singled out in such a highly regarded publication is a true testament to the FX Solutions overall value proposition. We love traders of all experience levels and I’m pleased SmartMoney agrees we are well suited for the most savvy and experienced traders.”

To learn more about trading with FX Solutions, visit http://www.fxsolutions.com

Forex trading involves substantial risk of loss and is not suitable for all investors.

About FX Solutions

FX Solutions [http://www.fxsolutions.com ] is a leading foreign exchange dealer with a focus on advanced forex trading [http://www.fxsolutions.com/trading/forex.asp ] technologies, transparency of transaction and unparalleled customer service. FX Solutions serves retail clients, white label partners, institutional trading partners and introducing brokers in over 140 countries.

FX Solutions’ products are regulated in the United States, United Kingdom and Australia. FX Solutions in the United States is regulated as a member of National Futures Association, and registered with the Commodity Futures Trading Commission as a Futures Commission Merchant/Forex Dealer Member. In the United Kingdom, FX Solutions is a registered trading name of City Index Limited which is authorized and regulated by the Financial Services Authority. FX Solutions in Australia is a registered trading name of City Index Australia Pty Ltd. which is authorized and regulated by the Australian Securities and Investments Commission.

For more on forex currency trading online [http://www.fxsolutions.com/trading ], please visit http://www.fxsolutions.com http://www.fxsol.co.uk and http://www.fxsolutions.com.au

Contact: Paul Cassidy, FX Solutions, +1-201-345-2210, pcassidy@fxsol.com

Commodities Sluggish But Still Outperform Equities

Commodities demonstrated mixed performance in August as market participants grew increasingly concerned about the extent of the global growth slowdown.

Nelson Louie, Global Head of Commodities in Credit Suisse’s Asset Management division, said, “Commodities demonstrated mixed performance in August as weaker macroeconomic data and uncertainty surrounding the state of the global economy continued to impact markets.  Falling consumer confidence, poor non-farm payroll figures, and other weak leading economic indicators are increasing recessionary fears.  However, realized data from July on global industrial production momentum indicated a rebound began in May.  Chinese trade data for July suggests economic activity is still robust, with imports of key commodities remaining strong.  Fundamentals for key commodities look to be growing increasingly tight in the face of strong demand and constraints on supply growth.”

Christopher Burton, Senior Portfolio Manager for the Credit Suisse Total Commodity Return Strategy, added, “While increased volatility and risk aversion were common themes across capital and commodity markets in August, commodities outperformed equities with the S&P 500 losing 5.43%.  We believe investors will continue to benefit from the diversification benefits that commodities provide.”

The Dow Jones-UBS Commodity Index Total Return was up by 1.00% in August.  Overall, 8 out of 19 index constituents increased in value.  Precious Metals was the strongest sector, gaining 10.10% for August, due to continued strong investor demand.  Agriculture was also a strong performer, up 9.22%, led by grains and Coffee.  Estimates for Corn yield were reduced to lower than the USDA’s latest estimates amid the recent hot and dry weather damaging the developing crop. This may suggest that the USDA will ultimately reduce their production and ending inventory expectations.  Livestock ended the month lower, losing 4.60%, led by Lean Hogs on expectations that previously strong China export demand may ease and that hog weights may improve in the fall.  Higher feed costs also mean livestock may be brought to market sooner than expected.  The Energy sector posted a loss of 4.92%, with all components trading lower.  Fundamental data releases remained broadly supportive for the crude complex, but concerns increased that demand would eventually falter.  Industrial Metals was the worst performing sector, given the sector’s high correlation with global growth, ending the month down 7.48%. Fears of a hard landing in China weighed on the sector, as did concerns growth would slow in the developed world.

The Credit Suisse Total Commodity Return Strategy group periodically produces updates on relevant industry topics. For a copy of the team’s white paper, “Commodities Outlook: Increased Volatility, Increase Opportunity?“, please email csam.commodities@credit-suisse.com.

About the Credit Suisse Total Commodity Return Strategy

Credit Suisse’s Total Commodity Return Strategy has been managed for 17 years and seeks to outperform the return of a commodities index, such as the Dow Jones–UBS Commodity Index Total Return or the S&P GSCI Total Return Index, using both a quantitative and qualitative commodity research process. Commodity index total returns are achieved through:

  • Spot Return: price return on specified commodity futures contracts;
  • Roll Yield: impact due to migration of futures positions from near to far contracts; and
  • Collateral Yield: return earned on collateral for the futures.

As of August 31, 2011 the team managed approximately USD 11.4 billion in assets globally.

An investment in commodities is not a complete investment program and should represent only a portion of an investor’s portfolio management strategy.  Investment in commodity markets may not be suitable for all investors. Commodity markets are highly volatile and the risk of loss in commodities and commodity-linked investments can be substantial.

Credit Suisse AG

Credit Suisse AG is one of the world’s leading financial services providers and is part of the Credit Suisse group of companies (referred to here as ‘Credit Suisse’). As an integrated bank, Credit Suisse offers clients its combined expertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 50,700 people. The registered shares (CSGN) of Credit Suisse’s parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.

Asset Management

In its Asset Management business, Credit Suisse offers products across a broad spectrum of investment classes, including hedge funds, credit, index, real estate, commodities and private equity products, as well as multi-asset class solutions, which include equities and fixed income products. Credit Suisse’s Asset Management business manages portfolios, mutual funds and other investment vehicles for a broad spectrum of clients ranging from governments, institutions and corporations to private individuals. With offices focused on asset management in 19 countries, Credit Suisse’s Asset Management business is operated as a globally integrated network to deliver the bank’s best investment ideas and capabilities to clients around the world.

All businesses of Credit Suisse are subject to distinct regulatory requirements; certain products and services may not be available in all jurisdictions or to all client types.

Important Legal Information

This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change without obligation to update. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not a guide to future performance. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.

Certain information contained in this document constitutes “Forward-Looking Statements” (including observations about markets and industry and regulatory trends as of the original date of this document), which can be identified by the use of forward-looking terminology such as “may”, “will”, “should”, “expect”, “anticipate”, “target”, “project”, “estimate”, “intend”, “continue” or “believe”, or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties beyond our control, actual events, results or performance may differ materially from those reflected or contemplated in such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Credit Suisse has no obligation to update any of the forward-looking statements in this document.

Certain risks relating to investing in Commodities and Commodity-Linked Investments: Exposure to commodity markets should only form a small part of a diversified portfolio. Investment in commodity markets may not be suitable for all investors. Commodity investments will be affected by changes in overall market movements, commodity volatility, exchange-rate movements, changes in interest rates, and factors affecting a particular industry or commodity, such as drought, floods, weather, livestock disease, embargoes, tariffs and international economic, political and regulatory developments. Commodity markets are highly volatile. The risk of loss in commodities and commodity-linked investments can be substantial. There is generally a high degree of leverage in commodity investing that can significantly magnify losses. Gains or losses from speculative derivative positions may be much greater than the derivative’s original cost. An investment in commodities is not a complete investment program and should represent only a portion of an investor’s portfolio management strategy.

Copyright © 2011, CREDIT SUISSE GROUP AG and/or its affiliates.  All rights reserved.

CONTACT: Katherine Herring, Corporate Communications, +1-212-325-7545, katherine.herring@credit-suisse.com

Web Site: http://www.credit-suisse.com

FX Broker Offers New Charting Service

Autochartist’s ambition is to listen to their client’s needs and offer valuable solutions, to this end their new service, named “AlpariAM”, is completely geared towards giving traders as much valuable information as possible, and in the shortest achievable time, for opportunities in the Forex market. It’s almost like a take-away espresso – it packs a lot of punch while being quick and easy to digest.

AlpariAM is based on the world-renowned technical analysis service that made Autochartist so popular among retail traders. The identified opportunities are visual signals that people find easy to understand and use to quickly formulate their opinions on market direction. This, in combination with other basic technical indicators such as RSI and moving averages, gives AlpariAM the potency that enables traders to assimilate the information in a short time.

Indeed, this product is aimed at traders who need a quick overview of the forex market. The interface is simple and intuitive with both text and images that describe key levels of support and resistance. This is available in eleven languages, and graphically illustrates the patterns that have formed with the direction in which price movements are expected to move.

The Chief Operating Officer of Autochartist, Erik Voges, says, “The simplicity and crispness of this interface is enough to please most traders , but the real power behind this interface lies with the amount of information that it enables traders to absorb in a very short time.”

Since Alpari account holders are spread far and wide across the globe, it makes sense for these reports to be released three times daily, at the opening of trade in the 3 most influential forex markets, starting with Tokyo in the morning, and followed by London and then New York. With each update around a dozen of the latest chart pattern formations are displayed on the currency pair graphs. These opportunities typically have a lifespan of between 6 to 40 hours, during which they can be considered trade-able.

Autochartist currently boasts a high statistical average – around 70% of chart patterns reaching their forecast levels. With such a remarkable track record, versatile tools and commitment to their clients, Autocharist remains the global leader in chart pattern recognition.

“We are very excited to launch an innovative new research tool like ‘Alpari AM’ in partnership with a high-caliber name such as Autochartist. Our long-standing relationship gave us the opportunity of being the first broker in the FX space to offer this product making our clients the first traders to sample it in action.”, said George Tchetvertakov, Head of Market Research at Alpari (UK).

About Autochartist

After being founded in 2004, Autochartist currently services the largest and most successful on-line brokerage firms and institutions. More than 2,000,000 chart patterns are viewed by customers in over 80 countries worldwide. Scanning a wide array of instruments like Forex, CFDs, equities and commodities, Autochartist has established itself and has remained an important value adding service for Brokers, Market Makers and Educational companies

About Alpari

With a history dating back to 1998, the Alpari companies (“Alpari”) are among the world’s fastest growing providers of online foreign exchange (“FX”, “Forex”) trading services. The companies provide cutting edge technology, low-cost trading, comprehensive market research tools, advanced educational programmes and world-class customer service.
The group of Alpari companies has offices in over 20 countries. Locations include London, New York, Tokyo, Shanghai, Dubai, Moscow, Mumbai and Frankfurt. Combined, the companies look after over 170,000 active trading accounts, generating monthly trading volumes in excess of $210 billion and employ over 630 people worldwide.

Forex Broker Expands Services to Include ECN

Forex Broker Expands Services to Include ECN

Forex Broker Expands Services to Include ECN-Image via Wikipedia

As a result of this merger, ITFX will be a prominent leader in the Online Forex industry as one of the most diverse and user-friendly Forex Trading platforms to fulfill the clients’ needs and expectations in this complex industry. It will not only allow them to access ECN and STP on MT4, but give them diversification in their trading techniques and allow them more options to advance to the next level of Online Trading. http://www.investtechfx.com

ECN brokers are the purest breeds among all Forex Currency Exchanges. They don’t profit on spread difference; their only profit comes from commission. ITFX is transforming as part of a merger to enhance their Forex ECN services as well as their functionality when it comes to completing worldwide transactions in the Online Forex Market .

InvestTechFX’s current management team proposed the creation of a new management company designed to expand upon its core strengths as a software solutions company providing the MT4 platform for FX Trading. The proposal was approved in August 2011 which includes a merger with an Asian-based operation. The merger will allow InvestTechFX to offer clients direct access to (ECN) Electronic Communications Network as well continuing STP service. Previously, ITFX acted strictly as a Straight Through Processor (STP) and No Dealing Desk (NDD). As recognized in the industry, ITFX was solely a Non-Dealing Desk Software Solutions Company that processed clients’ trades on the STP network uninterrupted to the Interbank. Now with this new merger, ITFX will be joining the latest trends in the Forex Trading Industry by moving to the Forex ECN style of trading while maintaining STP status.

Deal Desk Brokers contrast in many diverse ways. The differences that separate types of brokers in the Forex Market break down into three major groups:

There are market makers, which trade against traders to make a profit as well as manipulate their spreads. In addition, some customers of market makers usually experience delayed orders. Another style of broker known is STP, this kind of broker sends orders directly to the Interbank. STPs offer the option of fixed or variable spreads which often benefits all parties. Finally ECN’s offer variable spreads based on supply, demand, volatility and other conditions in the market and in return allow the trader to trade on very tight spreads. Forex ECN’s also have a larger pool of traders compared to STPs and which gives faster execution of orders and no re-quotes to the customers.

As the above suggests, the Forex ECN Network presents a much better environment in terms of the client’s needs and expectations with regards to pricing, faster execution of orders, variable spreads and convenience of no re-quotes.
After the launch date September 1, 2011, the new format will allow ITFX, the 0.5 PIP fixed provider, to maintain its NDD status while enabling them to operate in both ECN and STP networks. With this new format, they will be able to increase their competitive edge as well as allow clients more options within their Forex Trading techniques. http://www.investtechfx.com

Forex Broker Offers Risk Management Tips

Here are three tips on forex risk management from award-winning broker FX Solutions ( http://www.fxsolutions.com).

Keep your trade sizes sensible

Even the most experienced trader can be outmanoeuvred by the breakneck pace of the foreign exchange market, not to mention the leverage involved in forex trading [http://www.fxsolutions.com/learning-tools/forex-glossary.asp ]. Leverage can boost your profits, but it can also magnify your losses in the same way should the markets move against you. Every forex trader gets things wrong at some point, so never trade more than you can afford to lose. A bad trade is forgivable – an overtrade is not.

Know your markets and the activity around them

As Sandy Jadeja, Technical Strategist of FX Solutions, states: “The methods of utilizing technical analysis are many and varied. They include such ubiquitous concepts as head and shoulders, support and resistance, trends, moving averages, and double-tops.”

Fundamental analysis also brings a host of potential catalysts into consideration in the form of major economic reports and news events. Analyse both past technical data and news feeds to gain a clearer picture of the state of a currency.

Make use of all the tools available

FX Solutions offers free newsfeeds, tutorials, forex charting packages [http://www.fxsolutions.com/learning-tools/charting.asp ] and more, all of which can provide you with invaluable support and insights into workings of the foreign exchange market.

Another effective tool to minimize your potential downsides is to employ stop-loss orders on every trade you place. Stop-losses automatically exit a position when a trade reaches a certain price point, therefore limiting losses or locking in profits depending on the point at which they are applied.

For example, imagine the euro is about to rise against the U.S. dollar, and that you have opened a position of 100,000 units at $1.4500. Placing a stop-loss order at $1.4460 would limit your maximum loss to $400 while also giving the trade room to potentially turn around should the market start to move against you.

Find out more about the forex trading tools available from FX Solutions [http://www.fxsolutions.com ], by visiting the company’s education centre at:

http://www.fxsolutions.com/learning-tools/education-center.asp

Forex trading involves substantial risk of loss and is not suitable for all investors.

About FX Solutions

FX Solutions is a leading foreign exchange broker with a focus on advanced forex trading [http://www.fxsolutions.com ] technologies, transparency of transaction and unparalleled customer service. FX Solutions serves retail clients, white label partners, institutional trading partners and introducing brokers in over 140 countries.

FX Solutions’ products are regulated in the United States, United Kingdom and Australia. FX Solutions in the United States is regulated as a member of National Futures Association, and registered with the Commodity Futures Trading Commission as a Futures Commission Merchant. In the United Kingdom, FX Solutions is a registered trading name of City Index Limited which is authorized and regulated by the Financial Services Authority. FX Solutions in Australia is a registered trading name of City Index Australia Pty Ltd. which is authorized and regulated by the Australian Securities and Investments Commission.

For more information on forex trading, or to open a free forex demo account [http://www.fxsolutions.com/accounts/practice-account.asp ], please visit http://www.fxsolutions.com http://www.fxsol.co.uk and http://www.fxsolutions.com.au

Contact: Paul Cassidy, FX Solutions, +1-201-345-2210, pcassidy[at]fxsol.com

FX Solutions (http://www.fxsolutions.com), one of the world’s leading retail forex trading brokers, has appointed a new CEO of its Americas business and a Managing Director of its Middle East offering as it looks to further enhance its award-winning forex output.

David Trew has become the CEO of FX Solutions [http://www.fxsolutions.com ] LLC following a highly-successful period running City Index’s Asia Pacific office, which witnessed substantial growth under his leadership. He previously headed up CMC Markets’ Asia Pacific office, where he oversaw its growth from a start-up to a 350-employee business, spanning 11 offices in six countries and accounting for nearly 50 percent of the company’s global revenues. Trew will be responsible for FX Solution’s Americas business, overseeing the company’s strategy for the region.

Michael Cairns becomes Managing Director of Middle East operations, where he will spearhead the group’s offering throughout the region. Cairns has been with FX Solutions since its inception in 2001 and has played a vital role in developing the business rules and logic behind the award-winning GTS platform [http://www.fxsolutions.com/trading/platforms.asp ]. Cairns, formerly CEO of FX Solutions LLC in New York, will bring extensive expertise in business expansion as the company looks to seize the growth opportunities in the forex markets of Arabic-speaking nations. Learn more about the four cutting-edge trading platforms offered by FX Solutions at:

http://www.fxsolutions.com/trading

Forex trading [http://www.fxsolutions.com/trading/forex ] involves substantial risk of loss and is not suitable for all investors.

About FX Solutions

FX Solutions is a leading online forex trading [http://www.fxsolutions.com/trading ] with a focus on advanced trading technologies, transparency of transaction and unparalleled customer service. FX Solutions serves retail clients, white label partners, institutional trading partners and introducing brokers in over 140 countries.

FX Solutions’ products are regulated in the United States, United Kingdom and Australia. FX Solutions in the United States is regulated as a member of National Futures Association, and registered with the Commodity Futures Trading Commission as a Futures Commission Merchant. In the United Kingdom, FX Solutions is a registered trading name of City Index Limited which is authorized and regulated by the Financial Services Authority. FX Solutions in Australia is a registered trading name of City Index Australia Pty Ltd. which is authorized and regulated by the Australian Securities and Investments Commission.

For more information, or to try a free forex practice account [http://www.fxsolutions.com/accounts/practice-account.asp ], please visit http://www.fxsolutions.comhttp://www.fxsol.co.uk and http://www.fxsolutions.com.au

Contact: Paul Cassidy, FX Solutions, +1-201-345-2210, pcassidy[at]fxsol.com

Gold Coin Investors Get Help with Counterfeits

Aurum Advisors is now adding a counterfeit coin pamphlet with the free gold investors guide. “We want consumers to be able to determine on their own what the difference is between a good coin and a coin that is graded or slabbed by a subpar grading service,” says Aurum Advisors President, Marc Lubaszka. It is uncommon for investors to receive counterfeit coins as long as they stick with the two most prestigious grading services in the nation, which are the Professional Coin Grading Service (PCGS) & Numismatic Grading Corporation (NGS).

Those are the only two grading services that are used in the new pamphlet, and pictures are provided of what each sonically sealed container that encapsulates each coin looks like. The guide also contains the par code that corresponds to each coin and the hologram that guarantees the authenticity.

“It’s important for investors to feel confident when they purchase gold coins, so we felt it was important to add something to our free gold guide that shows them what they can expect to purchase before they decide to buy,” said Lubaszka. “Even if a consumer doesn’t buy from us, after getting our free gold guide they will be more prepared when purchasing gold from another dealer.”

For more information and to receive the free gold guide, please visit http://www.goldcoinsgain.com/.

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