The foreign exchange (currency, forex or FX) market is where currency trading takes place. FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global forex and related markets is continuously growing. Traditional turnover was reported to be over US$ 3.2 trillion in April 2007 by the Bank for International Settlement. Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.
Tuesday, December 16, 2008
Sell Endowment
To sell Sell Endowments is a common thing, but with every great idea there come plethora of problems. These problems are aggravated when host of mushroomed so-called financial site dealing in endowment trading flood you with financial mumbo-jumbo, and the simple matter of selling the endowment in a beneficial way becomes cumbersome.This is where Endowment Express makes a grand difference. Not only they sift out the hassle from selling your Norwich Union or London Life endowment policy, but they also enable you to sell it for or more than 33% more than surrender value.
KSE-100 index unchanged
KARACHI (December 03 2008): Trading at Karachi share market improved further on Tuesday. However, KSE-100 index remained unchanged. Some activity in second-tier stocks supported the all share index to close in positive at 6,641.75 points, up by 0.08 points. Trading volume at ready market increased to 197,300 shares as compared to 102,900 shares traded a day earlier. No trading was witnessed at the futures counter.Out of the total 11 active scrips, five closed in positive and one in negative while the value of five scrips remained unchanged. "Some positive signals regarding availability of market stabilisation fund and removal of floor invited some buying in second-tier stocks. However, majority of market players stayed on sidelines, opting 'wait and see' policy", analysts said.National Assets was the volume leader with 159,000 shares and gained Re. 0.04 to close at Re. 0.44. Pak Com Leasing closed at Re. 0.56, up by Re. 0.01 with 28,500 shares. Pak Datacom increased by Rs 2.44 to close at Rs 51.41 with 3,200 shares.Sitara Energy gained Re. 0.97 to close at Rs 19.62 with 2,000 shares. Mod Al-Mali lost Re. 0.50 to close at Rs 2.25 with 1,500 shares. Southern Electric increased by Re. 0.05 to close at Rs 3.65 with 1,000 shares. KESC remained unchanged at Rs 3.80 with 500 shares. Chashma Sugar closed at Rs 5.70 without any change, with 500 shares.Japan Power remained unchanged at Rs 4.50 with 500 shares. Millat Tractors closed at Rs 163.92 without any change with 400 shares. Pak Datacom was the highest gainer and gained Rs 2.44 to close at Rs 51.41, while Mod Al-Mali was the worst loser and lost Re 0.50 to close at Rs 2.25
Asian stock markets rise
TOKYO: Asian markets rose Tuesday as investors regained some confidence on Wall Street's second straight day of strong gains, spurred by a U.S. government bailout of banking giant Citigroup.Initial reaction in the region to the Citigroup news which broke midday Monday in Asia was tepid, and most benchmarks had ended the day lower. But after seeing markets in Europe and the U.S. surge overnight, Asian investors joined in the rally.Gains faded somewhat as trading progressed, reflecting the persistent concerns investors have about the length and depth of slumps in the U.S. a vital export market and broader global economy.“Most investors are still cautious on the U.S. economy,'' said Castor Pang, an analyst at Sun Hung Kai Financial in Hong Kong, adding that Tuesday's gains were likely a temporary rebound.In Japan, which had been on holiday Monday, the Nikkei 225 stock average was up 3.4 percent at 8,179.00 after surging more than 4percent earlier.Hong Kong's Hang Seng index, up 4.6 percent in early trading, rose 3.3 percent by midday at 12,873.80. South Korea's Kospi, which had fallen 3.4 percent Monday, rose 1.5 percent, while Australia's key index was up 3.7 percent.Wall Street and European markets surged Monday on news that the U.S. government will take a $20 billion stake in Citigroup and guarantee hundreds of billions of dollars in risky assets. The Dow Jones industrials soared 396.97 points, or 4.93 percent, to 8,443.39 Monday the first two-day advance since Oct. 31.Britain's FTSE 100 index jumped 9.8 percent to 4,152.96,Germany's DAX soared 10.3 percent to 4,554.33 and France's CAC-40gained 10.1 percent at 3,172.11.
Forex - Central Banks
Forex - Central Banks
National central banks play an important role in the foreign exchange markets. They try to control the money supply, inflation, and/or interest rates and often have official or unofficial target rates for their currencies. They can use their often substantial foreign exchange reserves to stabilize the market. Milton Friedman argued that the best stabilization strategy would be for central banks to buy when the exchange rate is too low, and to sell when the rate is too high — that is, to trade for a profit based on their more precise information. Nevertheless, the effectiveness of central bank "stabilizing speculation" is doubtful because central banks do not go bankrupt if they make large losses, like other traders would, and there is no convincing evidence that they do make a profit trading.
The mere expectation or rumor of central bank intervention might be enough to stabilize a currency, but aggressive intervention might be used several times each year in countries with a dirty float currency regime. Central banks do not always achieve their objectives. The combined resources of the market can easily overwhelm any central bank.Several scenarios of this nature were seen in the 1992–93 ERM collapse, and in more recent times in Southeast Asia.
The mere expectation or rumor of central bank intervention might be enough to stabilize a currency, but aggressive intervention might be used several times each year in countries with a dirty float currency regime. Central banks do not always achieve their objectives. The combined resources of the market can easily overwhelm any central bank.Several scenarios of this nature were seen in the 1992–93 ERM collapse, and in more recent times in Southeast Asia.
Forex - Currency Future
Forex - Currency Future
A currency future, also FX future or foreign exchange future, is a futures contract to exchange one currency for another at a specified date in the future at a price (exchange rate) that is fixed on the purchase date. Typically, one of the currencies is the US dollar. The price of a future is then in terms of US dollars per unit of other currency. This can be different from the standard way of quoting in the spot foreign exchange markets. The trade unit of each contract is then a certain amount of other currency, for instance €125,000. Most contracts have physical delivery, so for those held at the end of the last trading day, actual payments are made in each currency. However, most contracts are closed out before that. Investors can close out the contract at any time prior to the contract's delivery date.
Forex - Currency Pair
A currency pair depicts a quotation of two different currencies. The first currency in the pair is the base currency or transaction currency. The second currency in the pair is labelled quote currency, payment currency or counter currency. Such a quotation depicts how many units of the counter currency are needed to buy one unit of the base currency.
For example the quotation EUR/USD 1.2500 means that one euro is exchanged for 1.25 US dollar. If the quote moves from EUR/USD 1.2500 to EUR/USD 1.2510, the euro is getting stronger and the dollar weaker. On the other hand if the EUR/USD quote moves from 1.2500 to 1.2490 the euro is getting weaker while the dollar is getting stronger.
For example the quotation EUR/USD 1.2500 means that one euro is exchanged for 1.25 US dollar. If the quote moves from EUR/USD 1.2500 to EUR/USD 1.2510, the euro is getting stronger and the dollar weaker. On the other hand if the EUR/USD quote moves from 1.2500 to 1.2490 the euro is getting weaker while the dollar is getting stronger.
Forex - Electronic Trading
Electronic trading, sometimes called etrading, is a method of trading securities (such as stocks, and bonds), foreign currency, and exchange traded derivatives electronically. It uses information technology to bring together buyers and sellers through electronic media to create a virtual market place. NASDAQ, NYSE Arca and Globex are examples of electronic market places. Exchanges that facilitate electronic trading in the United States are regulated by the Securities and Exchange Commission and are generally called electronic communications networks or ECNs.
Etrading is widely believed to be more reliable than older methods of trade processing, but glitches and cancelled trades do occur.
Etrading is widely believed to be more reliable than older methods of trade processing, but glitches and cancelled trades do occur.
Forex - Investment Management Firms
Investment management firms (who typically manage large accounts on behalf of customers such as pension funds and endowments) use the foreign exchange market to facilitate transactions in foreign securities. For example, an investment manager bearing an international equity portfolio needs to purchase and sell several pairs of foreign currencies to pay for foreign securities purchases.
Some investment management firms also have more speculative specialist currency overlay operations, which manage clients' currency exposures with the aim of generating profits as well as limiting risk. Whilst the number of this type of specialist firms is quite small, many have a large value of assets under management (AUM), and hence can generate large trades.
Some investment management firms also have more speculative specialist currency overlay operations, which manage clients' currency exposures with the aim of generating profits as well as limiting risk. Whilst the number of this type of specialist firms is quite small, many have a large value of assets under management (AUM), and hence can generate large trades.
Forex - Forward Contract
A forward contract is an agreement between two parties to buy or sell an asset at a specified point of time in the future. The price of the underlying instrument, in whatever form, is paid before control of the instrument changes. This is one of the many forms of buy/sell orders where the time of trade is not the time where the securities themselves are exchanged.
The forward price of such a contract is commonly contrasted with the spot price, which is the price at which the asset changes hands on the spot date. The difference between the spot and the forward price is the forward premium or forward discount, generally considered in the form of a profit or [loss] by the purchasing party.
This process is used in financial operations to hedge risk, as a means of speculation, or to allow a party to take advantage of a quality of the underlying instrument which is time-sensitive.
The forward price of such a contract is commonly contrasted with the spot price, which is the price at which the asset changes hands on the spot date. The difference between the spot and the forward price is the forward premium or forward discount, generally considered in the form of a profit or [loss] by the purchasing party.
This process is used in financial operations to hedge risk, as a means of speculation, or to allow a party to take advantage of a quality of the underlying instrument which is time-sensitive.
Forex - Market Liquidity
Market liquidity is a business, economics or investment term that refers to an asset's ability to be easily converted through an act of buying or selling without causing a significant movement in the price and with minimum loss of value. Money, or cash on hand, is the most liquid asset.An act of exchange of a less liquid asset with a more liquid asset is called liquidation. Liquidity also refers both to that quality of a business which enables it to meet its payment obligations, in terms of possessing sufficient liquid assets; and to such assets themselves.
About Finance Forex Income
When starting to trade on the forex market, you have to be aware of this market's specificity. The Forex market allows a trader to make profit when buying or selling. There is no commission per trade,but a spread between the buying and selling price.
Professionalism
Reliability
Process ability
Trust
Finance Forex Income Team
Company Profile
Professionalism
Finance Forex Income is a registered company which makes a good use of available high intellectual and technical potential as well as an enormous experience in the area of investments on the inter-bank market of currency exchange. As a result, all powerful potential of our team is directed to achievement of perfection. High professionalism, vast accumulated experience and highly organized investment strategies allow us to offer you the best investment up to date.
Reliability
Finance Forex Income has an outgoing reliable trade technology by means of which operations are carried on, our technical department is constantly exploring and analyzing market behaviour, this knowledge is used for improvement of current trade system as well as creation of new ones.
All our investors get a 100% guarantee from the protection of their funds from leading banks and financial companies. Plus our many years of experience and the skill of risk management would allow you to get a stable income for many years.
The important feature of forex market is stability. Everyone knows that the main feature of a stock market - its sudden falls. But as opposed to the stock market, forex doesn't fall. If stocks went down in value, it's wreck. And if a dollar has fallen in value, it just means that other currency has become stronger. Exactly therein lay the strength of the market and relevant business: currency is an absolutely liquid goods and it will always be traded. But there are also popular pitfalls, e.g. that operations on the market are an analogue of gambling: players make their parlays, somebody wins, and moreover a lot of money at once, others lose. Consequently, risks are very high. But FFG is not gambling as at bottom of fluctuation of exchange rates there are definite regularities. Firstly, currency value depends on economic indicators of a country, and secondly, this value is defined by preferences and expectations of market participants. Though it is complex but it is possible to predict. Direct work on the market proves this as long as its analysis has more objective in it that accidental.
Process ability
Correct prediction of reversal of exchange rates outflow by using timely analysis of our department, received news, their processing, and also positions' control during technical and fundamental analysis;
Minimization of losses in case of failure floating of market by using such technical method as STOP LOSS;
Development of additional business projects, continual and systematic advance training of workers, involvement of psychologists to the process of training, exchange of experience with other companies;
Sense of responsibility, will and wish to fulfil your liabilities to investors, timely allocation of profit.
Trust
You can trust us for services in micro forex, micro forex trading platform, affiliate system, bonus system and in places like the United States, Egypt, Malaysia, Indonesia, Russia, China, France...
Our mission — high quality of services, trust of our clients and reliability of our work. Most important of all — a winning attitude that always puts YOU first!
Finance Forex Income Team
What we appreciate in people is professionalism, a skill to promptly make competent decisions, ability to work in beat of a team, to solve tasks, set in front of dynamically developing company. Performance of team-oriented highly skilled leaders and specialists is aimed to global development of the company on worldwide financial markets.
Company Profile
Finance Forex Income was founded to provide the best possible FX trading experience for the online trader. Finance Forex Income provides a new breed of service to the retail online trader. Unlike most FX companies, which were founded by bankers, Finance Forex Income's founders come from the marketing side of the online retail FX world, and appreciate the special requirements of the retail trader. Finance Forex Income has strong relationships with the world’s leading banks and financial institutions allowing it to provide the most competitive, reliable and robust streaming rates to its customers. Finance Forex Income is committed to provide commission-free, honest spreads and quotes to its global customer base. we trade off-exchange forex transactions. Finance Forex Income is especially proud of its multi-lingual 24-hour customer support, center which is the nerve center of the operation. Founded and operated to provide the Ava client with the most personalized and effective service available, the support center utilizes proprietary state-of-the-art support systems..
Professionalism
Reliability
Process ability
Trust
Finance Forex Income Team
Company Profile
Professionalism
Finance Forex Income is a registered company which makes a good use of available high intellectual and technical potential as well as an enormous experience in the area of investments on the inter-bank market of currency exchange. As a result, all powerful potential of our team is directed to achievement of perfection. High professionalism, vast accumulated experience and highly organized investment strategies allow us to offer you the best investment up to date.
Reliability
Finance Forex Income has an outgoing reliable trade technology by means of which operations are carried on, our technical department is constantly exploring and analyzing market behaviour, this knowledge is used for improvement of current trade system as well as creation of new ones.
All our investors get a 100% guarantee from the protection of their funds from leading banks and financial companies. Plus our many years of experience and the skill of risk management would allow you to get a stable income for many years.
The important feature of forex market is stability. Everyone knows that the main feature of a stock market - its sudden falls. But as opposed to the stock market, forex doesn't fall. If stocks went down in value, it's wreck. And if a dollar has fallen in value, it just means that other currency has become stronger. Exactly therein lay the strength of the market and relevant business: currency is an absolutely liquid goods and it will always be traded. But there are also popular pitfalls, e.g. that operations on the market are an analogue of gambling: players make their parlays, somebody wins, and moreover a lot of money at once, others lose. Consequently, risks are very high. But FFG is not gambling as at bottom of fluctuation of exchange rates there are definite regularities. Firstly, currency value depends on economic indicators of a country, and secondly, this value is defined by preferences and expectations of market participants. Though it is complex but it is possible to predict. Direct work on the market proves this as long as its analysis has more objective in it that accidental.
Process ability
Correct prediction of reversal of exchange rates outflow by using timely analysis of our department, received news, their processing, and also positions' control during technical and fundamental analysis;
Minimization of losses in case of failure floating of market by using such technical method as STOP LOSS;
Development of additional business projects, continual and systematic advance training of workers, involvement of psychologists to the process of training, exchange of experience with other companies;
Sense of responsibility, will and wish to fulfil your liabilities to investors, timely allocation of profit.
Trust
You can trust us for services in micro forex, micro forex trading platform, affiliate system, bonus system and in places like the United States, Egypt, Malaysia, Indonesia, Russia, China, France...
Our mission — high quality of services, trust of our clients and reliability of our work. Most important of all — a winning attitude that always puts YOU first!
Finance Forex Income Team
What we appreciate in people is professionalism, a skill to promptly make competent decisions, ability to work in beat of a team, to solve tasks, set in front of dynamically developing company. Performance of team-oriented highly skilled leaders and specialists is aimed to global development of the company on worldwide financial markets.
Company Profile
Finance Forex Income was founded to provide the best possible FX trading experience for the online trader. Finance Forex Income provides a new breed of service to the retail online trader. Unlike most FX companies, which were founded by bankers, Finance Forex Income's founders come from the marketing side of the online retail FX world, and appreciate the special requirements of the retail trader. Finance Forex Income has strong relationships with the world’s leading banks and financial institutions allowing it to provide the most competitive, reliable and robust streaming rates to its customers. Finance Forex Income is committed to provide commission-free, honest spreads and quotes to its global customer base. we trade off-exchange forex transactions. Finance Forex Income is especially proud of its multi-lingual 24-hour customer support, center which is the nerve center of the operation. Founded and operated to provide the Ava client with the most personalized and effective service available, the support center utilizes proprietary state-of-the-art support systems..
New in FOREX
TFI FX Trading Platform provides you with all the necessary tools you need to trade, including a variety of technical indicators and unlimited charts.
The foreign exchange (currency or forex or FX) market refers to the market for currencies. Transactions in this market typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The FX market is the largest and most liquid financial market in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global forex and related markets is continuously growing and was last reported to be over US$ 4 trillion in April 2007 by the Bank for International Settlement.
The FX market is a global over the counter (OTC) market (i.e. no central bank or clearing house acting as an intermediary). Deals are agreed between participants where firm credibility and local regulations ensure the delivery of transactions.
A number of market contributors execute FX deals to finance international business so as to acquire a range of assets and services. Others sell/buy currencies for speculation aiming to profit from price fluctuations. The international demand and supply for currencies is what determines the exchange rates of all currency pairs at any given moment.
The foreign exchange market is unique because of
ts trading volumes,
the extreme liquidity of the market,
the large number of, and variety of, traders in the market,
its geographical dispersion,
its long trading hours: 24 hours a day except on weekends
the variety of factors that affect exchange rates.
the low margins of profit compared with other markets of fixed income (but profits can be high due to very large trading volumes)
the use of leverage
Currencies are quoted in pairs, for example – EURUSD or USDJPY.
The first currency in the pair is called the base currency and the second is called the counter currency.
The base currency is the ‘basis’ for purchases and sales.
For example, if you buy EURUSD, then you acquire Euros and sell Dollars. You do this if you expect the Euro to grow against the Dollar.
Forex Market Hours
Our Dealing room and Customer Service Team is available 24 hours from 22:00 GMT Sunday to 21:55 GMT Friday.
Getting Started
Client Terminal is a part of the online trading system. It is installed on the trader's computer and intended for:
receiving quotes and online market analysis
instant execution of orders
managing of open positions and pending orders;
various tools for technical analysis
writing of expert advisors, custom indicators, scripts
testing and optimizing trading strategies
For making a decision to trade, reliable on-line information is necessary. For that, quotes and news are delivered at the terminal in real-time. It is possible to analyze markets using technical indicators and line studies. Moreover, to ensure more flexible control over positions, several order types are built into the terminal allowing maximum flexibility.
The Client Terminal can operate under Microsoft Windows 98SE/ME/2000/XP/2003/Vista.
Subscribe to:
Posts (Atom)
Posts
