Archive for 'Currency Pairs'

Commodities Keep Rolling Along

Commodities posted gains in April despite mixed macroeconomic conditions. Prices were supported by increased inflation expectations and ongoing tensions in the Middle East.

Nelson Louie, Global Head of Commodities at Credit Suisse Asset Management, said, “Prices of risky assets generally increased for the month of April, while the US dollar continued to weaken. Precious metals once again took the spotlight in April, posting strong gains amidst currency uncertainty. Investor focus shifted towards the US debt burden, after Standard & Poor’s put the US on negative watch for the first time. Meanwhile, other countries, such as the UK, France and Germany, have also taken steps to address deficit reduction issues. Concerns over accelerated inflation in various parts of the world, and the future plans of troubled European nations, added to the risk premium for precious metals, while the ongoing situation in the Middle East coupled with strong export demand pushed Crude prices higher.”

Christopher Burton, Senior Portfolio Manager for the Credit Suisse Total Commodity Return Strategy, added, “With economies around the world improving, and continued extraordinarily loose monetary policy in the United States, odds of inflation overshooting historical levels and expectations remain elevated.  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 3.46% in April.  Overall, 11 out of 19 index constituents increased in value, with Precious Metals serving as the strongest sector as both Gold and Silver increased. Energy continued to fare well in April, gaining 5.90%, with Gasoline and Crude Oil leading the way, up 8.92% and 6.08% respectively.  Agriculture was neutral with mixed performance from its components. Gains on Corn (+7.70%) and Coffee helped to offset losses from Cotton and Sugar.  The Industrials Metals sector was down slightly, declining 0.50% for the month.  Concerns remain that Chinese economic growth may slow, curbing base metals demand.  Livestock was the worst performing sector, down 7.12%, erasing its gains from the first quarter when it was the Index’s top performing sector.  Lean Hogs fell 8.32% while Live Cattle declined 6.30% due to signs that consumers were curbing demand amid higher retail prices.

The Credit Suisse Total Commodity Return Strategy group periodically produces updates on relevant industry topics. For a copy of their white paper, “How Commodities Can Help Investors Face the Uncertainty of the Inflation/Deflation Debate“, please email ir.betastrategies@credit-suisse.com.

About the Credit Suisse Total Commodity Return Strategy

Credit Suisse’s Total Commodity Return Strategy has been managed for fourteen 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 a quantitative 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 April 30, 2011 the team managed approximately USD 10.7 billion in assets globally.

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 50,100 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.

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

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

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

Forex Trader to Open in China

GAIN Capital Holdings, Inc., a global provider of online trading services, announced today that it has received formal regulatory approval from the China Banking Regulatory Commission (CBRC) to open a representative office in Beijing.

“Receiving the CBRC’s approval is an important step towards expanding our business in one of the fastest growing economies in the world,” commented Glenn Stevens, CEO of GAIN Capital.  “We believe the Beijing representative office will assist us in building strong relationships in China’s growing financial community and help provide a strong foundation for our future strategic plans in that country.”

GAIN Capital’s representative office will focus on building GAIN Capital’s brand in China, conducting market research on China’s financial regulations and market environments and facilitating the company’s relationships with Chinese financial institutions.

The CBRC is the primary banking regulator in China, supervising banks and non-bank institutions and their business operations within the country.

GAIN Capital’s Beijing office will be located at the Central International Trade Center. The office will extend GAIN Capital’s presence in the Asia-Pacific region, which currently includes offices in Hong Kong, Sydney, Singapore, Tokyo and Seoul.

About GAIN Capital

GAIN Capital Holdings, Inc. (NYSE:GCAP) is a global provider of online trading services. GAIN’s innovative trading technology provides market access and highly automated trade execution services across multiple asset classes, including foreign exchange (forex or FX), contracts for difference (CFDs) and exchange-based products, to a diverse client base of retail and institutional investors.

A pioneer in online forex trading, GAIN Capital operates FOREX.com®, one of the largest and best-known brands in the retail forex industry. GAIN’s other businesses include GAIN GTX, a fully independent FX ECN for hedge funds and institutions, and GAIN Securities, Inc. (member FINRA/SIPC) a licensed U.S. broker-dealer.

GAIN Capital and its affiliates have offices in New York City; Bedminster, New Jersey; London; Sydney; Hong Kong; Tokyo; Singapore and Seoul.

For company information, visit www.gaincapital.com .

All trade names are the property of their respective owners.

CONTACT: For GAIN Public Relations, Christa Conte, +1-212-808-4902, or Savannah Tikotsky, +1-212-808-4903, Feintuch Communications, gain@feintuchpr.com, or for GAIN Investor Relations, Henry Lyons, GAIN Capital, ir@gaincapital.com, +1-908-212-3980

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

Capital Market Services LLC, a leading Forex brokerage firm, has partnered with Red Paladin Inc., a technology firm that specializes in Cloud Services, to offer the CMS Virtual Desktop Interface (VDI) for Forex trading.

CMS VDI supports MetaTrader 4, ForexTraderPro and VT Trader 2.0. Using a browser window, traders can access their demo or live accounts on their virtual environment from anywhere and place trades, upload and configure EA’s, set preferences, and even request custom applications or tools such as Autochartist or Microsoft Excel.

VDI services take the traditional Forex VPS model to the next level by offering traders a dedicated virtualized machine as opposed to space on a large shared server like most standard VPS products.  This service eliminates the need for physical hardware and its associated performance limitations, and protects users from the risks associated with conducting financial transactions on a shared network.

CMS VDI users’ machines live on a managed dedicated network where traders can leverage Red Paladin’s resources for blazing fast and consistent execution speeds from anywhere in the world. “The ability to run your EAs or any automated trading system in a professional server environment, without the worries of having to leave your home or office computer running and supported 24 hours a day is a major plus for serious traders,” stated Joshua Bernstein, Director of Sales and Marketing at CMS Forex.

VDI services are fully accessible from most mobile devices and experiencing MT4 or VT Trader on your iPad is a “revolutionary way to trade on the go” according to Mr. Bernstein. CMS VDI is free for active CMS clients and is available to anyone for $40 a month.  Visit www.cmsfx.com/forex-trading-services/vps to learn more.

About CMSFX

CMS Forex was founded in 1999 by professional Forex traders, Forex brokers and software developers. Since its inception, CMS Forex has identified traders’ needs and built its core trading platform, VT Trader™, to accommodate its loyal client base. CMS Forex is a leading provider of foreign exchange (FX) trading and related services to clients in approximately 170 countries. The Company serves institutional accounts and, with Forex.com, offers a diverse array of trading platforms combined with unmatched execution and customer services to facilitate direct access to the global FX markets for individual traders.

CMS Forex and its affiliated group of companies are headquartered in New York City, London, and Hamilton, Bermuda with representative offices in Boston, Shanghai, and St. Petersburg, Russia. The group holds registrations with the Commodity Futures Trading Commission (CFTC) in the United States, the Financial Services Authority (FSA) in the United Kingdom, the Bermuda Monetary Authority (BMA) in Bermuda.

About Red Paladin

Red Paladin was established in 2001 as a full service Technology Integration Firm headquartered in Piscataway, NJ with satellite offices in India.  Red Paladin has the expertise in providing Virtualization/Cloud Services, Managed IT Services, and Custom Application/Software Development Solutions to clients across multiple industries.  By offering companies around the world access to the Helix Cloud for their customized Infrastructure as a Service (IaaS) requirements, the company is able to integrate organizations large and small into an IaaS based IT model.

http://www.cmsfx.com

Breakthrough enhancements to Forex Trader Pro system increases odds of successful Forex trading for traders of all levels.

OptionsU Forex Trader (OUFX) announced the release of the next version of the popular Forex trading software: Forex Trader Pro 2.0. Designed to maximize trades and increase profits on every trade, Forex Trader Pro 2.0 is sure to be invaluable to both new and current Forex traders. To learn more, interested traders can reserve a seat for OUFX’s free webinar on Thursday, May 5, 2011 by visiting http://forextraderpro.com/pr-fxtp2.

Forex Trader Pro 2.0 includes exciting new benefits, including access to the C4 Currency Trend Tracker software, which tracks currency rates in all of the major markets, such as Tokyo, London and New York. This unique system gives traders a birds-eye view into every market that includes the US dollar, and includes a comparison between markets. The tracker contains templates that allow traders to see trends while setting up their trades, including an overview of what the Forex markets look like when compared country and currency.

This latest release from the team at OUFX brings the power of the Forex market directly to any level of trader. The Forex Trader Pro system is based on proprietary bias and key numbers developed by the system’s creator, “Forex Joe” Atkins, “After several years of research, we have developed proprietary bias and key numbers that give traders a distinct advantage over other traders on the challenging Forex market. With the release of Forex Trader Pro 2.0, even beginning traders can make money trading in foreign markets.”

From the seasoned trader who is looking to further maximize their PIPs and build on previous success, to those who are just starting out and need professional training, Forex Trader Pro 2.0 is easy to learn and is designed to quickly produce results.

OUFX will host a free webinar demonstrating Forex Trader Pro 2.0 and its enhancements this Thursday, May 5, 2011 at noon and 9pm EDT and invites all interested traders to reserve their seat today by visiting http://forextraderpro.com/pr-fxtp2.

For more information on Forex Trader Pro 2.0 please visit http://forextraderpro.com/pr-fxtp2 or the Forex Trader Blog.

To view images and video, please read this story at http://www.24-7pressrelease.com/press-release-service/210903

CONTACT: Joseph Frontiera of OptionsU Forex Trader, LLC, +1-954-707-5038, http://forexjoe.com, joefrontiera@ouforextrader.com

Web Site: http://forextraderpro.com/pr-fxtp2

Forex Traders Get New Free App

Forex Traders Get New Free App

Forex Traders Get New Free App-Image via Wikipedia

GAIN Capital Holdings, Inc., a global provider of online trading services specializing in foreign exchange (forex or FX) and contracts for difference (CFDs), today announced the global launch of its new app for Android mobile devices, FOREXTrader for Android.

The new application, now available as a free English-language download in the Android Marketplace, offers Android users secure access to their FOREX.com accounts with full trading capabilities, up to the minute news, charts, research and account information.

“Android users were previously able to access their FOREX.com accounts through our mobile website but, with the rapid growth of Android-powered smartphones, we wanted to give our customers a more feature-rich experience designed specifically for the Android OS,” said Samantha Roady, chief marketing officer for GAIN Capital.  “With the addition of FOREXTrader for Android, we now have trading solutions for the two fastest growing mobile operating systems in the world.”

FOREX.com launched FOREXTrader for iPhone and FOREX.com Mobile in 2010.

FOREXTrader for Android includes:

  • Quotes on 59 currency pairs, including spot gold and silver, as well as a dozen contracts for difference (CFDs) on commodities and major equity indices*;
  • A variety of order types, including market, limit, stop, One Cancels Others (OCO), If Then, If Then / OCO and Trailing Stop;
  • Live newsfeed from Dow Jones;
  • FOREX.com’s proprietary FOREXInsider, providing streaming market commentary and analysis during market hours;
  • Candlestick and line charts available for 1m, 5m, 10m, 15m, 30m, 1h, 2h & 4h, daily, weekly, and monthly time intervals; and
  • Account balances, P&L and more.

To download the free application, Android users may visit the Android Marketplace directly from their devices and search for “FOREXTrader.” Prospective customers can access all the features of the Android app by registering for a free 30-day practice account in-app.

* Foreign exchange and other leveraged trading involves significant risk of loss and is not suitable for all investors.  Contracts for Difference (CFDs) are not available to US residents.

About GAIN Capital

GAIN Capital Holdings, Inc. (NYSE: GCAP) is a global provider of online trading services. GAIN’s innovative trading technology provides market access and highly automated trade execution services across multiple asset classes, including foreign exchange (forex or FX), contracts for difference (CFDs) and exchange-based products, to a diverse client base of retail and institutional investors.

A pioneer in online forex trading, GAIN Capital operates FOREX.com®, one of the largest and best-known brands in the retail forex industry. GAIN’s other businesses include GAIN GTX, a fully independent FX ECN for hedge funds and institutions, and GAIN Securities, Inc. (member FINRA/SIPC) a licensed U.S. broker-dealer.

GAIN Capital and its affiliates have offices in New York City; Bedminster, New Jersey; London; Sydney; Hong Kong; Tokyo; Singapore; and Seoul.

For company information, visit www.gaincapital.com .

All trade names are the property of their respective owners.

CONTACT: In UK & Europe: Sorrel Beynon, +44 (0)20 3047 2368, or Laura Crooks, +44 (0) 20 3047 2366, Edelman, gain@edelman.com; or In North America: Christa Conte, +1-212-808-4902, or Savannah Tikotsky, +1-212-808-4903, Feintuch Communications, gain@feintuchpr.com

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