Saturday, March 21, 2009
Expert Advisors
Automate your trading with MetaTrader 4 Move beyond traditional trading with a fully customizable, automated trading system, integrated seamlessly into your MetaTrader 4 platform. MetaQuotes Language 4 (MQL 4) is a programming language traders use worldwide to script, test, and then automate their custom trading strategies. Use the MetaEditor program to create Expert Advisors - custom-built programs to analyze the market, place orders and even execute trades automatically. It's all tailored to your specifications, providing you with a high degree of flexibility, oversight and control. Easy to learn, easy to use The MetaEditor program provides detailed, easy-to-follow instructions to familiarize you with the MQL 4 programming language. Write trading strategies, and then test them with historical currency data to see how successful, risky or balanced they may actually be. MetaEditor provides an ideal environment for fine-tuning your strategies before executing them in the real marketplace.
Today's Market Update
The US dollar recovered some lost ground in European trading as USD-negativity gave way to concerns that EU proposals to double the amount of lending facilities to distressed EU countries may undermine the EUR. EU leaders at a summit in Brussels are under pressure to restore confidence to struggling central and eastern European members, but the cost appears to be borne primarily by countries sharing the Euro, raising fears over the fiscal costs. The USD also recovered lost ground against most other major currencies after two days of heavy selling looked to be excessive.
EUR/USD came up short of making a new high and topped out at around 1.3725/30 before dropping back to the mid-1.35 area, while GBP/USD peaked just shy of 1.46 again and then dropped lower to 1.4400 before recovering. USD/JPY also recovered on widespread USD short-covering, gaining from around 94.50 to 95.50. Gold prices moved lower after cresting just above $965/oz and fell to the $947 area by the NY open. European shares are mostly flat on the day and US stock futures point to a small positive open.
In European data, January Eurozone industrial production confirmed the deterioration in individual national manufacturing reports, with industrial output dropping -17.3% YoY, worse than the -15.5% decline forecast. German Feb. producer prices also pointed to ongoing declines in inflation, falling -0.5% MoM and bringing the YoY rate down to 0.9% from the prior 2.0%.
Upcoming data releases:
3/20/2009 12:30 CA New Motor Vehicle Sales MoM JAN - - - -
3/20/2009 12:30 CA Retail Sales MoM JAN -5.40% - -
3/20/2009 12:30 CA Retail Sales Less Autos MoM JAN -3.20% - -
3/20/2009 13:00 EC ECB's Weber Speaks in Berlin 20-Mar
3/20/2009 16:00 US Bernanke Speaks on Panel at Convention in Phoenix 20-Mar
strong>
EUR/USD came up short of making a new high and topped out at around 1.3725/30 before dropping back to the mid-1.35 area, while GBP/USD peaked just shy of 1.46 again and then dropped lower to 1.4400 before recovering. USD/JPY also recovered on widespread USD short-covering, gaining from around 94.50 to 95.50. Gold prices moved lower after cresting just above $965/oz and fell to the $947 area by the NY open. European shares are mostly flat on the day and US stock futures point to a small positive open.
In European data, January Eurozone industrial production confirmed the deterioration in individual national manufacturing reports, with industrial output dropping -17.3% YoY, worse than the -15.5% decline forecast. German Feb. producer prices also pointed to ongoing declines in inflation, falling -0.5% MoM and bringing the YoY rate down to 0.9% from the prior 2.0%.
Upcoming data releases:
3/20/2009 12:30 CA New Motor Vehicle Sales MoM JAN - - - -
3/20/2009 12:30 CA Retail Sales MoM JAN -5.40% - -
3/20/2009 12:30 CA Retail Sales Less Autos MoM JAN -3.20% - -
3/20/2009 13:00 EC ECB's Weber Speaks in Berlin 20-Mar
3/20/2009 16:00 US Bernanke Speaks on Panel at Convention in Phoenix 20-Mar
strong>
Institutional Services
Introducing Broker Program
Bring the excitement of forex trading to your clients - while you earn a steady stream of compensation for referrals.
As a leading provider of forex trading services, FOREX.com supports a worldwide network of Introducing Brokers, trading billions of dollars in forex trading volume each month. We welcome the opportunity to help you expand your business and maximize the full potential of the Forex market.
Diversify your clients' trading with a FOREX industry leader.
Introduce your clients to a global marketplace. The ability to trade currencies, on a flexible schedule, with access to a deep liquidity pool, flexibility and buying power are benefits investors of all experience levels find very attractive.
Coupled with FOREX.com's powerful, easy-to-use trading platform, exceptional trader education and personalized customer service, you can feel confident knowing you've partnered with an industry leader.
Earn based on trading volume.
FOREX.com's highly competitive fee structure allows you to earn based on your referral's trading activity, creating a new, recurring revenue stream instantly.
Cut the administrative hassle.
We manage all the back office functions, providing online access to real-time volume information and commission accrual as well as offer sales and back office support through a dedicated partners services team.
For IBs with a significant client base, FOREX.com can customize our trading platform; offer you joint marketing opportunities; sales support, lead generation, online reporting, and tracking tools, and much more.
Ready to get started? Contact our Institutional Sales team.
1.866.495.1638
1.908.212.3940 (int'l)
institutionalsales@gaincapital.com
Bring the excitement of forex trading to your clients - while you earn a steady stream of compensation for referrals.
As a leading provider of forex trading services, FOREX.com supports a worldwide network of Introducing Brokers, trading billions of dollars in forex trading volume each month. We welcome the opportunity to help you expand your business and maximize the full potential of the Forex market.
Diversify your clients' trading with a FOREX industry leader.
Introduce your clients to a global marketplace. The ability to trade currencies, on a flexible schedule, with access to a deep liquidity pool, flexibility and buying power are benefits investors of all experience levels find very attractive.
Coupled with FOREX.com's powerful, easy-to-use trading platform, exceptional trader education and personalized customer service, you can feel confident knowing you've partnered with an industry leader.
Earn based on trading volume.
FOREX.com's highly competitive fee structure allows you to earn based on your referral's trading activity, creating a new, recurring revenue stream instantly.
Cut the administrative hassle.
We manage all the back office functions, providing online access to real-time volume information and commission accrual as well as offer sales and back office support through a dedicated partners services team.
For IBs with a significant client base, FOREX.com can customize our trading platform; offer you joint marketing opportunities; sales support, lead generation, online reporting, and tracking tools, and much more.
Ready to get started? Contact our Institutional Sales team.
1.866.495.1638
1.908.212.3940 (int'l)
institutionalsales@gaincapital.com
Commission-free forex trading
Commission-free forex trading
Trade on spreads as low as 1-2 pips on the most widely traded currencies. As always, you pay no commissions at FOREX.com, only the bid/offer spread. Our fractional pip pricing is one of the most precise quoting currently available to forex traders and is designed to help you take advantage of smaller price movements. Learn more about our pricing.
Market research you can count on
Our research offering provides robust market analysis you won't find anywhere else, from a robust economic calendar to essential daily reports that summarize key market developments with an insightful perspective.
Powerful trading tools
Spot and seize potential market opportunities with our forex trading platform. With MetaTrader 4, it is easy to put your trading strategy into action with Expert Advisors. Successful firm with solid financials
FOREX.com is a division of GAIN Capital Group, LLC, a pioneer in the online foreign exchange industry. The firm is well-capitalized, with an experienced management team and strong corporate governance. GAIN's majority shareholders are six well-known U.S. venture capital and private equity firms with over $25 billion in combined assets.
Quality executions
Our mission is to provide a fair, efficient trading environment for our clients, which means quoting competitive spreads and ensuring quality executions. Our best execution goal is supported by liquidity relationships with over a dozen of the world's leading FX banks, such as UBS, Barclays and Goldman Sachs.
24-hour access to licensed representatives
Reach our knowledgeable, Series 3 registered reps 24-hours a day during market hours and on Saturdays from 9am-5pm ET. Get answers quickly by phone and email.
Political conditions
Internal, regional, and international political conditions and events can have a profound effect on currency markets.
All exchange rates are susceptible to political instability and anticipations about the new ruling party. Political upheaval and instability can have a negative impact on a nation's economy. For example, destabilization of coalition governments in India, Pakistan and Thailand can negatively affect the value of their currencies. Similarly, in a country experiencing financial difficulties, the rise of a political faction that is perceived to be fiscally responsible can have the opposite effect. Also, events in one country in a region may spur positive or negative interest in a neighboring country and, in the process, affect its currency.
All exchange rates are susceptible to political instability and anticipations about the new ruling party. Political upheaval and instability can have a negative impact on a nation's economy. For example, destabilization of coalition governments in India, Pakistan and Thailand can negatively affect the value of their currencies. Similarly, in a country experiencing financial difficulties, the rise of a political faction that is perceived to be fiscally responsible can have the opposite effect. Also, events in one country in a region may spur positive or negative interest in a neighboring country and, in the process, affect its currency.
About OANDA®
OANDA uses innovative computer and financial technology to provide Internet-based forex trading and currency information services to everyone, from individuals to large corporations, from portfolio managers to financial institutions. OANDA is a market maker and a trusted source for currency data. It has access to one of the world's largest historical, high frequency, filtered currency databases.
OANDA was founded on the belief that technology and the Internet would globalize the marketplace, creating an unprecedented need for currency-related products and services. Today, the global forex market trades over $2 trillion/day (30 times larger than NASDAQ and NYSE combined), with online retail trading a rapidly growing part of that market. We estimate that over 20% of the world's online spot forex transactions take place on OANDA's servers.
Who uses OANDA?
Travellers go to OANDA.com for daily and historical currency tools and simple conversions.
Businesses, including the big four auditing firms, depend on OANDA foreign exchange rates as the authoritative source of foreign exchange data for back office operations, web applications, and other uses.
Forex traders use OANDA's leading FXTrade platform for real-time executable pricing, the tightest spreads, immediate settlement, continuous interest payments, and no trade minimum.
Financial Institutions use OANDA's white label solution to adapt FXTrade technology to their own needs.
Corporations will engage the professional consulting services of OANDA's FXConsulting to help companies create cost certainty and revenue certainty by managing their exposure to foreign currencies. FXConsulting develops tailored, practical currency hedging solutions utilizing OANDA's Best Forex Practices framework for large and small companies..
Portfolio managers depend on decision support and risk management tools, news services, and FXManager, the trading interface for multi-client trade execution and reporting.
Educators and students can better understand forex through forums, contests, tools and other resources.
OANDA was founded on the belief that technology and the Internet would globalize the marketplace, creating an unprecedented need for currency-related products and services. Today, the global forex market trades over $2 trillion/day (30 times larger than NASDAQ and NYSE combined), with online retail trading a rapidly growing part of that market. We estimate that over 20% of the world's online spot forex transactions take place on OANDA's servers.
Who uses OANDA?
Travellers go to OANDA.com for daily and historical currency tools and simple conversions.
Businesses, including the big four auditing firms, depend on OANDA foreign exchange rates as the authoritative source of foreign exchange data for back office operations, web applications, and other uses.
Forex traders use OANDA's leading FXTrade platform for real-time executable pricing, the tightest spreads, immediate settlement, continuous interest payments, and no trade minimum.
Financial Institutions use OANDA's white label solution to adapt FXTrade technology to their own needs.
Corporations will engage the professional consulting services of OANDA's FXConsulting to help companies create cost certainty and revenue certainty by managing their exposure to foreign currencies. FXConsulting develops tailored, practical currency hedging solutions utilizing OANDA's Best Forex Practices framework for large and small companies..
Portfolio managers depend on decision support and risk management tools, news services, and FXManager, the trading interface for multi-client trade execution and reporting.
Educators and students can better understand forex through forums, contests, tools and other resources.
OANDA Foreign Exchange Information
Handy FX Information services
FXDaily RSS: A hub of today's items from OANDA's FXDaily RSS feeds.
FXBrowser: Add a quick currency converter to your browser and calculate prices in your home currency by just highlighting the price.
Visual FXConverter: Quick table of currency rates for 26 of the most important currencies.
FXLookup: Quick currency ISO to country lookup. If you don't know the currency ISO code of a country, you can look it up in just seconds.
FXTrends: View currency trends of the most popular currencies.
Currency Communities
FXMessage: Join a community of people interested in the forex and currency market. Post your questions, knowledge and thoughts on currency topics and get involved.
FXGallery: View a collection of world currency notes. You can upload and share your currency notes with the rest of OANDA users.
FXDirectory: A collection of user submitted foreign exchange resources.
Wireless and PDA
FXWap: Get currency exchange rates for your Wireless phone over the Internet using FXWap.
FXPilot: Get the currency converter and travelers cheatsheet, as well as a series of useful calculators for your PDA.
FXDaily RSS: A hub of today's items from OANDA's FXDaily RSS feeds.
FXBrowser: Add a quick currency converter to your browser and calculate prices in your home currency by just highlighting the price.
Visual FXConverter: Quick table of currency rates for 26 of the most important currencies.
FXLookup: Quick currency ISO to country lookup. If you don't know the currency ISO code of a country, you can look it up in just seconds.
FXTrends: View currency trends of the most popular currencies.
Currency Communities
FXMessage: Join a community of people interested in the forex and currency market. Post your questions, knowledge and thoughts on currency topics and get involved.
FXGallery: View a collection of world currency notes. You can upload and share your currency notes with the rest of OANDA users.
FXDirectory: A collection of user submitted foreign exchange resources.
Wireless and PDA
FXWap: Get currency exchange rates for your Wireless phone over the Internet using FXWap.
FXPilot: Get the currency converter and travelers cheatsheet, as well as a series of useful calculators for your PDA.
Subscribe to:
Comments (Atom)
