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RESEARCH NOTE: Fed's Beige Book Looks to Confirm or Deny Recent USD Strength

Posted by Banking Insurance and information technology | 3:51 AM

The Fed's Beige Book, which offers a wealth of anecdotal evidence as to the health of the US economy, is due up tomorrow (June 11th) at 14:00ET. This could be a significant turning point for the US dollar that will either confirm and extend its recent gains, or lead to a significant pullback for the Greenback. We believe the four main categories to focus on in the report are the labor market, consumer spending, inflation and lending standards. Given the sharp move up in the unemployment rate and the fact that the US has failed to register even one positive nonfarm payrolls number this year, the Beige Book's labor market assessment will be key. In the April Beige Book, labor markets were described as mostly weakening. We expect something to this effect is priced in for tomorrow's release as well given the moribund employment data of late. The upside to USD could come from an assessment that the labor market is stabilizing, albeit at a low level of activity. The market will also be eager to gauge the impact to consumer spending from the government stimulus checks which began to hit mailboxes in late April/early May. In the last Beige Book, consumer spending activity was noted as slowing across most of the United States. While the latest chainstore sales numbers suggest some pickup in recent retail activity, if it is noted that the stimulus has had little broad impact on spending we will likely see US economic prospects weaken and a lower US dollar. On the inflation front, the market is looking for confirmation that inflation pressures continue to rear their ugly head. Given the steadfast increase in commodity prices and surging inflation expectations, we expect the assessment to be quite hawkish. This will help keep US yields elevated and add further support to the USD, with USD/JPY especially sensitive to higher interest rates of late. The fourth area of focus is likely to be on the lending side. The credit turmoil has been noted as ongoing by Fed officials and the market likely expects a similar assessment to what we witnessed in the last Beige Book when lending standards were said to have tightened (making it harder for the average person to get a loan approved). An indication that lending standards have eased will likely fuel speculation that the credit crisis is approaching it nadir and help boost the USD. In sum, if the good news on these key economic indicators outweighs the bad we can expect EUR/USD to retest 1.5400 and USD/JPY to come near the 108.00 level. In such a case, the report will validate recent comments from Fed Chairman Bernanke that the economic situation has improved somewhat while rising inflation remains a big risk. However, if the labor situation and consumer spending are downgraded significantly, this will outweigh higher inflation or an improvement in lending activity and likely take the Greenback lower towards EUR/USD 1.5600 and USD/JPY near 106.50. Disclaimer: The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.

Important Report of Forex

Posted by Banking Insurance and information technology | 3:49 AM

Summary Outlook: On Friday, October 3rd, at 0830ET/1230GMT, US September employment data will be released. We expect the headline NFP number will come in roughly in line with consensus forecasts of -105K, but think the unemployment rate may edge up to 6.2/6.3% versus market expectations of a steady 6.1% unemployment rate. The risk is that the headline NFP shows a larger drop in jobs, potentially owing to strike- or hurricane-related adjustments. Interim economic data (weekly claims, labor differential in Consumer confidence report, ISM manufacturing employment dropping from 49.7 to 41.8) have shown a deterioration in overall labor market conditions, so the risks are clearly skewed to a weaker NFP. We would not be surprised by a NFP job loss of -150/-170K. And be alert for a negative revision to August NFP. But the NFP report is not the only show in town tomorrow, as markets will anxiously be watching to see if the US House can pass the financial sector rescue package. We are highly optimistic that additions to the Senate-passed bill will lead to the bill's passage, and we think this will be greeted enthusiastically by investors. The result could be a significant rally in stocks and a rush to riskier assets, which in FX means buying of JPY-crosses (e.g. EUR/JPY or AUD/JPY). The rescue package may also alleviate credit market strains, reducing demand for USD from bank funding needs. Trading Strategy: Because we think the risks are skewed to a weaker NFP reading, we anticipate an initially negative USD reaction. But we think USD strength this week is likely to see heavy buying of USD on such weakness, leading to a short-term reversal of the initial reaction. From then, we look for JPY-cross buying to materialize based on the prospect of House passage of the rescue bill. If correct, such buying should put a floor under non-JPY dollar pairs, like EUR/USD and GBP/USD. The rest of the session could then see a grind higher in the JPY-crosses, sending EUR/USD, GBP/USD and AUD/USD higher on the day, aided by week-end short-covering in EUR/USD/profit-taking on long USD positions. In concrete terms, a NFP reading of between -100K/-150K could see EUR/USD jump higher by 60-90 pips from pre-release levels, followed by heavy selling then sending the pair down 100-120 pips from its post-NFP reaction high. From there, we then expect that short-covering and outright buying of EUR/JPY will see EUR/USD grind higher. We will be closely watching a long-term trend line that guided the EUR higher since early 2002, currently at 1.3910/30 area. We would stop out (exit) of long EUR/USD positions if it trades below 1.3710/20, roughly 30 points below today's low. We think a short-squeeze higher in EUR/USD is likely on strength over 1.3950/60. Disclaimer: The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.

News of Forex

Posted by Banking Insurance and information technology | 3:47 AM

Summary Outlook: (December 15, 2008) We expect the Fed will cut its target rate for Fed Funds by 50 bps from 1.00% to 0.50%, in line with market expectations, when they announce their decision on Tuesday, December 16, at 1415ET. (A Fed Funds target rate of 0.50% would be an all-time low.) The fundamental case for another rate cut is indisputable as US economic data has accelerated its deterioration since the last Fed meeting, leaving the risk that the Fed cuts even more aggressively than markets are expecting. But with Fed Funds already trading around 0.15%, the question is will a ceremonial rate cut have any impact? We think the market has effectively priced-in near-zero US base rates, so the market reaction may instead be based on the Fed's statement, which is likely to be extremely bleak. We look for the USD to weaken further on a downbeat assessment. Trading Strategy: The USD is currently undergoing a rapid reversal of strength seen in recent months and we think there is more downside potential in the short-term. As such, we look to sell USD on any rebounds post-FOMC, which may materialize if the Fed cuts by only 0.25%. In particular, we are looking at the following price levels to sell USD/buy others: EUR/USD: We look to buy EUR/USD on weakness back to the 1.3480/3530 area (stop below 1.3410/20) or on strength over 1.3750/60 on a stop loss entry basis (stop loss exit if below 1.3670/75). USD/JPY: We look to sell USD/JPY on strength in the 92.00/92.50 area (stop over 93.00). GBP/USD: We look to buy GBP/USD on weakness back to 1.5120/70 area (stop below 1.5050) or on strength over 1.5400/50 on stop loss entry basis (stop exit if below 1.5350). USD/CHF: We look to sell USD/CHF on strength to 1.1730/80 area (stop over 1.1850) or on weakness below 1.1500/50 on a stop loss entry basis (stop exit if above 1.1630). Commodity currencies AUD, CAD and NZD: We'll stand aside on these pairs because USD weakness may be offset by a weaker growth outlook undermining commodities generally. Statement Analysis: Tomorrow's Fed statement may be similar to the Oct. 29 statement, except the Fed may find it difficult to characterize the rapidly deteriorating US outlook without sounding like 'Chicken Little'. The Fed will likely acknowledge that US economic data has deteriorated at an accelerating rate since their last meeting, noting the surge in job losses, declines in manufacturing activity and continued weak consumer sentiment and falling consumer/ business spending. Rapidly falling inflation will likely receive only a token mention. On the brighter side, the Fed may again point to the series of governmental actions taken to date (FOMC easing, TARP, bank capital infusions, liquidity provisions) and note that credit markets have stabilized. The Fed may also point to anticipated fiscal stimulus in the New Year as a basis for some mild optimism, but will certainly continue to highlight the downside risks to growth. We think they will also keep further rate cuts as an option, suggesting rates may fall to zero. Of interest will be if the Fed decides to openly declare its nascent policy of quantitative easing (buying assets and increasing money supply to offset economic weakness/deflation), but such a policy initiative seems more likely be announced in a separate release. Disclaimer: The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.

Investors

Posted by Banking Insurance and information technology | 3:46 AM

3i Group
3i is a world leader in private equity and venture capital. Today, 3i operates in 14 countries across US, Europe, and Asia, managing over $15 billion. In the past five years alone, 3i has backed more than 40 companies that have gone public on the world's leading exchanges and has executed over 450 M&A transactions.
VantagePoint Venture PartnersWith over $4.5 billion under management, VantagePoint specializes in active multi-stage investing in technology and healthcare; their focus is on fast-growing companies at all stages of development.
Tudor VenturesTudor Ventures is the venture capital and private equity arm of Tudor Investment Corp., an internationally recognized, diversified investment management firm with total assets under management in excess of $17 billion. Since the early 1990's, Tudor and its principals have invested in over 75 companies, with a strong record of investment success, and currently manage over $700 million in private equity investments.
Edison Venture FundWith a capital pool that exceeds $550 million in six independent limited partnerships, Edison invests in expansion stage information technology companies located in the New York City to Virginia corridor. Edison has invested in over 100 IT companies, achieving 16 IPOs and over 75 company sales. Edison Venture Fund was founded in 1986 by John Martinson. The firm's name honors Thomas Alva Edison, the world's greatest inventor, a creative marketeer and a successful entrepreneur.
Cross Atlantic Capital PartnersWith 7 funds under management, totaling nearly $500 million, Cross Atlantic invests in technology companies in the United States, UK, and Ireland. Founded in 1986, Cross Atlantic Capital Partners' portfolio includes a diverse array of companies which focus on information technology, enterprise software, telecommunications, and other enabling technologies.

Board Of director in Forex

Posted by Banking Insurance and information technology | 3:42 AM


GAIN's Board of Directors brings a wide range of experience and knowledge to the Company. It is the paramount duty of the Board of Directors to oversee the CEO and other senior management in the competent and ethical operation of the Company on a day-to-day basis, to monitor GAIN's financial performance and to evaluate overall corporate strategy. To satisfy this duty, the directors take a proactive, focused approach to their position, and set standards to ensure that the Company is committed to business success through maintenance of the highest standards of responsibility and ethics.
Mark Galant - Chairman and FounderThe founder of GAIN Capital Group, Mark Galant served as chief executive officer of the Company from its inception in October, 1999 until June, 2007. Mr. Galant's strategic vision and entrepreneurial energy propelled the firm from concept to a market leader in the rapidly growing and highly competitive online forex industry. Under his leadership, the firm achieved top line growth of 65% or more for six consecutive years (2001-2006). Prior to forming GAIN Capital, Mr. Galant was the number two executive at FNX Limited, an international provider of trading and risk management systems. During his six year tenure, Mr. Galant was instrumental in transforming FNX into a world-class software and services firm and, according to Inc. Magazine, one of the 500 fastest-growing companies in the U.S. in 1996, 1997 and 1998. Before joining FNX in 1994, Mr. Galant served as global head of foreign exchange options trading at Credit Suisse. There, he expanded a small regional operation into one of the world's largest and most respected global foreign exchange options trading organizations, trading $4 billion per day. Prior to Credit Suisse, he ran the foreign exchange options desk at Chemical Bank. He also traded all financial products as a money manager for Paul Tudor Jones at Tudor Investment Corporation. During his early years on Wall Street, Mr. Galant was a floor trader, successfully trading his own account on several of New York's commodities exchanges. He holds a BS in Finance from the University of Virginia and an MBA from Harvard Business School. Mr. Galant currently serves on the board of directors of Scivantage and is a member of the University of Virginia's McIntire School of Commerce Advisory Board.
Glenn Stevens - Chief Executive OfficerGlenn Stevens joined GAIN Capital Group in February 2000 as a founding partner and managing director, and assumed the CEO role in June, 2007. Previously, he was managing director, head of North American sales and trading at Natwest Bank. In this role, Mr. Stevens directly managed a staff of over 50 trading and sales professionals and also served as a senior member of Natwest's North American Management Committee. From 1990 to 1997, Mr. Stevens was at Merrill Lynch and Co., hired as a USD/JPY trader and eventually promoted to the bank's management team as managing director and chief dealer for Spot and Forward FX. While at Merrill Lynch, he developed the investment bank's emerging markets currency trading desk and increased profitability threefold in 2 years. During this time, he also served as the Federal Reserve Bank's FX representative for investment banks. Mr. Steven's Wall Street career began in 1984 at Bankers Trust Company. Mr. Stevens holds a BS in Finance from Bucknell University and an MBA in Finance from Columbia University.
Peter Quick, Former President, American Stock ExchangePeter Quick is the former President of the American Stock Exchange® (2000-2005) and formerly served on its Board of Governors. Prior to his appointment at the American Stock Exchange®, Mr. Quick had been President and Chief Executive Officer of Quick & Reilly, Inc., a leading national discount brokerage firm, which was acquired by Fleet Bank (now Bank of America) for $1.6 Billion in 1998. Mr. Quick is currently the lead Independent Director of Reckson Associates Realty Corp. (NYSE: RA) and also sits on the Board of Medicure (AMEX: MCU). Mr. Quick has served on the Board of Governors of the Chicago Stock Exchange and was Chairman of the Midwest Securities Trust Company. He has also been a Director of The Options Clearing Corporation, CUSIP, the Depository Trust & Clearing Corporation, the NASD Insurance Agency, and Alliance Money Market Fund. Mr. Quick received a Bachelor of Science degree in Civil Engineering from the University of Virginia and attended Stanford University's graduate school of Petroleum Engineering.
Joseph A. Schenk, former Chief Financial Officer, Jefferies GroupMr. Schenk served as chief financial officer and executive vice president at Jefferies Group (NYSE: JEF), a full-service investment bank and institutional securities firm focused on capital markets and asset management, from January 2000 to December 2007. Mr. Schenk's responsibilities at Jefferies included oversight for finance, accounting, risk, treasury, internal audit, investor relations, tax and accounting policy matters. Prior to his appointment as CFO, Mr. Schenk held various positions within Jefferies, including senior vice president, responsible for corporate services, from September 1997 to January 2000, and senior institutional account executive from September 1993 through March 1996. Prior to Jefferies, Mr. Schenk served as a senior vice president at Zimbalist Smith, a boutique investment research firm. Mr. Schenk had previously held management positions at Deloitte Haskins & Sells and Price Waterhouse. Mr. Schenk currently serves on the boards of ConvergEx Holdings and Talk.com. Mr. Schenk received a Bachelor of Science degree in Accounting from the University of Detroit, where he graduated summa cum laude.
Susanne D. Lyons, former Chief Marketing Officer, Visa USAA retail financial services industry veteran, Susanne Lyons most recently served as executive vice president and chief marketing officer at Visa USA. While at Charles Schwab & Co. from 1992-2001, Ms. Lyons held a variety of senior marketing and general management roles, culminating in the position of chief marketing officer. At Fidelity Investments from 1982-1992, Ms. Lyons was responsible for marketing multiple business lines including brokerage, domestic and international growth funds and retirement products. She has been recognized for her business leadership in several significant forums, including San Francisco Financial Woman's Association "Woman of the Year" in 1999 and as one of Ad Age's Top 50 Marketers. Ms. Lyons served on the board of CNET Networks, Inc. (Nasdaq:CNET), a global interactive media company, until its recent acquisition by CBS, and is also on the advisory boards of Marketo and Epoch, as well as the board of WildCare, a not for profit organization. She received a Bachelor of Arts degree from Vassar College and a Master's degree in Business Administration from Boston University.
Roger Tarika, Former Global Head of Foreign Exchange Sales, Morgan StanleyA 25-year veteran of the FX markets, Roger Tarika's career began in 1979 with First National Bank of Boston. In 1984, Mr. Tarika joined Morgan Stanley & Co where he began his 17 year tenure running various spot FX trading desks. In 1992, Mr. Tarika was appointed head of trading for the New York spot/forward desk and in 1995 was appointed to run the FX desk in London, managing 50 sales and trading professionals. His most recent position at Morgan Stanley was Managing Director, Global FX Sales Manager. Mr. Tarika received a BS from Duke University and an MBA from Harvard Business School.
Gerry McCrory, Managing Director, Cross Atlantic Capital PartnersGerry McCrory is a founder and managing director of Cross Atlantic. In 1998, Mr. McCrory founded Crucible Corporation, an early stage venture capital fund headquartered in Dublin, Ireland. Prior to starting Crucible, Mr. McCrory was the managing director of Cambridge Technology Partners (Ireland). Prior to that, he started his own software services company, Information Mosaic, and held various senior commercial responsibilities at Cap Gemini-Hoskyns in Ireland, Great Britain, and the United States. He also worked as an accountant with Coopers & Lybrand in both Ireland and the Cayman Islands. Mr. McCrory holds a degree in Economics from the University of Ulster and an MBA from University College Dublin.
Chris Sugden, General Partner, Edison Venture FundChris Sugden is a successful entrepreneur and technology company executive, experienced in finance, capital raising, strategy, product management and sales and marketing. Prior to joining Edison, Mr. Sugden served as Princeton eCom's EVP of the Electronic Billing Division. As CFO he led the business development, finance and accounting departments. Earlier in his career, he was Director of Finance and Operations for two magazine start-ups and Internet businesses funded by Freedom Communications. A certified public accountant, Mr. Sugden also spent over four years with PricewaterhouseCoopers in the entrepreneurial services group. Mr. Sugden received a BA in Accounting and Finance from Michigan State University.
Jim Mills, Managing Director, VantagePoint Venture PartnersJim Mills is a member of the Information Technology Group at VantagePoint Venture Partners, focusing specifically on software and financial technology companies. Mr. Mills has 18 years of technology, operating, and investment experience, including management positions with both start-up and industry-leading technology companies, including Webvan Group, Oracle Corporation, and Crescendo Communications (acquired by Cisco). Mr. Mills began his investment career with Battery Ventures followed by Blum Capital Partners. He graduated magna cum laude and Phi Beta Kappa from Dartmouth College (BA in Engineering Sciences) and is also a graduate of Stanford University (MBA).
Ken Hanau, Managing Partner, 3iKen Hanau is the Managing Partner of 3i US. As part of the FTSE 100, 3i is one of the world's largest growth capital investors deploying over $2bn annually in established businesses across Europe, Asia and the US. Prior to joining 3i, Mr. Hanau held senior positions with Weiss Peck and Greer and Halyard Capital. In addition to his private equity experience, Mr. Hanau worked in investment banking at Morgan Stanley and at K&H Corrugated Case Corporation. Mr. Hanau is a CPA and began his career with Coopers and Lybrand. Mr. Hanau received his B.A. with honors from Amherst College and his M.B.A. from Harvard Business School.

For Forex Trainning

Posted by Banking Insurance and information technology | 3:37 AM


Averaging 250 to 350 pips per week: “The pivot numbers are very effective. I can pick the high and low for the day extremely accurately, and therefore trade the range very effectively. In fact, I refuse to believe it is this straight forward. I simply find it difficult to believe what is happening in terms of how this helps you to gauge price movement. Since you have been training me upon purchasing your program over six weeks ago, I have been averaging 250 to 350 pips per week simply by adopting your strategies."– Rod Brown, AustraliaAveraging 30 pips per day: "I have to thank you for the forex training. I know for me it's still early days, but I'm averaging 30 pips a day since studying Pivot Points (67% trade win ratio and improving). I trade the GBP/USD pair and so far you Pivot Points have been deadly accurate (3 days in a row). It only missed M1 once by about 15 pips I think, but what's 15 pips! Your system has paved & lighted my forex trading path & turned my dumb money into smart money.” – Andre, South AfricaEarned back money in 2 weeks: “It has been one month since I purchased the course material. I have already earned back the money spent for this in 2 weeks. It's really a great offer. Thanks Peter. Most importantly, I have built up my confidence in trading the FX using your method. It's amazing how the price react to those pivot points. I'm really excited about it. You're great mentor as you response to my questions within the same day. I really appreciate that.” – Jenny Wong, Hong KongTrading improved ten fold: "I just wanted to tell you how pleased I am after finding your course and AM Review. I have been trading the Forex market for almost two years. After foolishly spending thousands in my first year trying to learn how to trade currencies. I found your material, and now my trading has improved ten fold since ordering your material and listening to the AM Review on a daily basis. Your system has changed my trading from consistently losing to consistently winning in a short period of time..." – Tom Schwartz, Scottsdale, AZAccurate trading methods: “Peter Bain's forex training course is nothing short of awesome. The pivot point trading method is analogous to a precision guidance system. It amazes me time and time again, the way prices adhere to these pivot numbers. Just wait for the signals in and around the pivot points, pull the trigger and let it rip! This is by far, one of the best reading investments I have ever made." – Mark Johnson, Atlanta, GE

Forex Trading Team

Posted by Banking Insurance and information technology | 3:35 AM

Trading Team

GAIN's market making desk is staffed 24-hours a day during trading hours with experienced former bank traders who are comfortable managing a high volume forex trading operation. Three shifts cover each major trading session - Tokyo, London and NY - and each shift is managed by one or more senior dealers with, on average, 15-20 years of FX market making experience at top tier Wall Street firms.

Without a doubt, GAIN's success to date is in no small part due to the talent of our trading team. The desk's mandate is to make tight, aggressive markets and ensure quality execution for our customers. They are also charged with managing GAIN's risk and exposure as a market maker in the highly competitive and price sensitive Forex market.

Clients with over $25,000 in account equity have the added benefit of direct access to GAIN's traders for market color and consultation. These same people are frequently asked to provide market commentary to such prestigious news organizations as Dow Jones, Wall Street Journal, Reuters, Associated Press, Bloomberg, CBS Marketwatch.

Timothy O'Sullivan, Chief Dealer
Tim manages the day to day operation of GAIN's trading desk. With GAIN since its founding, Tim has 20 years of experience trading spot & forward FX in the Interbank market. Previously, Tim was director of the NY Sterling desk at Merrill Lynch. Hired in 1994 to establish a presence in Asian Exotic spot & forward currencies, Tim subsequently assumed responsibility for the EMS currencies desk. In 1997, he launched the Mexican Peso desk and provided liquidity to develop customer business. Tim started his career at Standard Chartered Bank, spanning an eight-year tenure that included running forward books in DEM, and trading spot Far East and exotic currencies.

Stephen Reilly, Senior Trader
Stephen's 20+ years of forex trading experience includes stints at several top brokerage houses. Prior to joining GAIN in 2000, Stephen managed the 14-person Euro desk at Tullett & Tokyo, the world's largest FX broker at that time. Before that, Stephen spent 10 years at Noonan Astley & Pearce as vice president of foreign exchange. Previously, Stephen traded at Harlow Meyer Savage, and started his FX career in 1982 at Lasser Marshall, leaving four years later at vice president of foreign exchange.

David Leaver, Senior Trader
Dave joined GAIN in 2001 from BankBoston, where he was the bank's primary EUR/USD dealer, handling both proprietary and customer business. Prior to that, he traded the majors and Euro crosses on the New York FX desk at Credit Commercial de France (CCF), which averaged $1B in daily turnover. Before that, he was at Fuji Bank in New York, trading on the USD/DEM desk. Dave started his FX career in 1991 at Exco Noonan, as a broker on the USD/DEM desk.

Brian Dolan, Chief Currency Strategist
Brian is an 18 year veteran of the currency market, having worked as a senior trader and analyst at some of the world's leading international banks, including Dai-Ichi Kangyo, Credit Suisse and American Express. In addition to overseeing fundamental and technical research at GAIN, Brian publishes a daily technical analysis report and weekly macro research report for the exclusive use of GAIN Capital clients. Frequently sought after by the financial press for his insights into currency movements, Brian is a frequent guest on CNBC and Bloomberg TV. Brian has also published numerous articles on short-term trading strategies and risk management in journals such as Futures, Technical Analysis of Stocks & Commodities, and SFO. In the fall of 2007, Brian co-authored Currency Trading for Dummies, a sophisticated, educational resource for traders new to the Forex markets. Brian is a graduate of Dartmouth College.

FOREX.com is to provide

Posted by Banking Insurance and information technology | 3:30 AM

There has never been a more challenging and exciting time to be trading in the foreign exchange market. Since we launched operations in 1999, we've watched the industry grow in leaps and bounds. What started out as a market for professionals is now attracting traders from all over the world and of all experience levels.
Our goal at FOREX.com is to provide a comprehensive resource for individuals new to the market or with limited experience trading foreign currencies. On this site you will find educational content, training tools, and market information, along with full service trading capabilities. Our forex mini accounts allow you to get started with less capital, and beneficial trading policies are in place to help you manage risk while you learn.
As part of GAIN Capital Group, one of the world's largest and most respected online forex trading firms, you can feel secure knowing you're trading with an industry leader. From being the first firm to introduce innovative dealing practices such as instantaneous execution from streaming quotes, to our commitment to fair and honest dealing practices and our cutting-edge proprietary trading technology, GAIN Capital Group is at the forefront of the industry. In addition, with over 100 years' combined experience in capital markets and proven track records as senior managers of large, global trading operations, our executive team is comprised of some of the most respected leaders in the industry.
If you're a professional money manager or experienced forex day trader, you will likely find our flagship service,
GAIN Capital, better suited to your needs. Otherwise, I encourage you to explore our website and see for yourself why so many people choose FOREX.com as their online forex trading provider.
Should you have any questions, our dedicated and knowledgeable staff is available 7 days a week to assist you in any way you choose, whether by phone, email or chat.
Sincerely,
Mark GalantChairman & FounderGAIN Capital Group

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