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Posts Tagged ‘foreign exchange’

FxPro Announces Sponsorship of AFC Champions League

April 27th, 2011 Comments off

AFC Champions League FxPro Announces Sponsorship of AFC Champions League

FxPro Financial Services Ltd (FxPro), a leading global broker in foreign exchange today announced it has agreed a deal to be an official partner of Asia’s premier club football competition, the Asian Football Confederation (AFC) Champions League, for the 2011 season.

In the agreement brokered by World Sport Group (WSG), the AFC’s exclusive marketing and media partner, FxPro’s branding will be prominently displayed on-screen at various stages of the “live” telecast of each of the 117 AFC Champions League matches.

The AFC Champions League, a tournament which runs from March until November each season, is contested by the best thirty-two clubs from Asia’s top ten leagues – Australia, China, Indonesia, Iran, Japan, Korea, Qatar, Saudi Arabia, UAE and Uzbekistan, and two teams from India, Indonesia, Qatar, Syria, Thailand and UAE who qualify through play-offs, for a total prize money of US$14 million and a place in the FIFA Club World Cup.

Denis Sukhotin, Founder of FxPro commented:
“Asia is a core market for FxPro, and we are committed to developing the strength of our brand in the region through sponsorship. We are delighted to be partnered with such an exciting and popular tournament that is viewed by our clients and stakeholders across the region. FxPro is expanding its profile in Asia and the Middle East so the decision to support the AFC Champions League is a natural fit for the future ambitions of the business.”

Said AFC President, Mohamed Bin Hammam, “It gives me great pleasure to welcome FxPro to the Asian football family as a new partner of the AFC Champions League. In appreciation of their faith and trust, the AFC is working at its utmost to raise the level of professionalism of the competition and to return better values to our investors. In addition, as the competition features participating clubs from 13 countries across Asia every year, we are happy to have an esteemed partner like FxPro, who delivers their invaluable forex trading services in Asia.”

Said Ian Mathie, Senior Vice-President, Football, Asean & Australia, World Sport Group, “FxPro makes a great addition to the AFC family of corporate partners – a group of the world’s leading brands and multinational companies.

We are delighted that FxPro has recognised the value of associating with Asia’s premier club competition which enjoys a wide and growing viewership across the region. We look forward to working with FxPro to ensure that the competition successfully delivers FxPro’s sponsorship goals and brand aspirations”.

Source: www.fxpro.com

Alpari (UK) Sets up New Brokerage in Japan

April 15th, 2011 Comments off

Alpari (UK) Limited (“Alpari (UK)”), one of the fastest-growing providers of foreign exchange (“Forex”, “FX”), contracts for difference (“CFDs”) and precious metals online trading services, today announces that the company has acquired CMS Japan K.K.; renamed Alpari (Japan). The new office will be an independent entity providing trading services in Forex, CFDs and precious metals.

“Alpari (Japan) is another milestone in the rapid global expansion of the group of Alpari companies in Asia and globally.”

Andrey Vedikhin, CEO of Alpari (UK), comments, “We are very excited about having a local Alpari team in Japan. Forex is much more widely understood there than in most other places around the world, with people from all different backgrounds trading currencies on a regular basis. It’s a competitive arena for brokers but as one of the leading MetaTrader specialists and with our successful global business model we have something unique to offer to our clients in Japan. The Alpari (Japan) team is confident that it will soon become the leading MetaTrader broker in the country.”

Combined, Alpari (UK) and the new Alpari team in Japan will hit the ground running, as each has extensive experience in the Japanese Forex market. Until December 2010, Alpari (UK) provided a full suite of trading services to Japanese residents. As one of the leading MetaTrader brokers the Alpari companies are ideally positioned to capitalise on the enormous interest Japanese traders have in this highly advanced trading platform.

Mushegh Tovmasyan, Global Head of Sales at Alpari (UK), adds, “Alpari (Japan) is another milestone in the rapid global expansion of the group of Alpari companies in Asia and globally.”

Source: www.businesswire.com

The Anatomy of a Forex Trader

April 7th, 2011 Comments off

Alpari US Develops a New Technology to Help Traders with US FIFO Rule

September 10th, 2010 Comments off

7996094ee8473c65c5d45cc0e3ac00db Alpari US Develops a New Technology to Help Traders with US FIFO Rule

New York, NY (Vocus) September 9, 2010

Alpari (US), a leading provider of online foreign exchange (FOREX, FX) trading services, today announced the creation of a proprietary netting plug-in, which addresses trading with the previously imposed NFA rule, “First in First Out (FIFO).” This proprietary technology allows traders to buy, sell and place opposite-side pending orders and net positions as one aggregated position. Alpari (US) developed this technology in-house and is the first company to offer this as a brand-new, unique trading functionality in the U.S. The NFA has reviewed use of this plug-in, which remains compliant with the FIFO trading rule.

The plug-in enables MetaTrader 4 clients to have more control over their trading choices when trading using the FIFO logic. Traders can now trade in a more flexible environment, as an alternate trading style with more convenience. It is optional for retail clients and will work with Expert Advisors whose programming is compatible with the plug-in.

“This innovative technology is a continuation of Alpari’s commitment to providing our clients with some of the most advanced trading technologies in the market. We are proud to offer this plug-in as it has been specifically designed and tailored to accommodate U.S. traders with more control and ultimately less FIFO-related difficulties,” says Daniel Skowronski, CEO Alpari (US).

Alpari (US) offers a comprehensive video tutorial and FAQ’s on the use of this plug-in. It can also be tested in an Alpari (US) Demo account. Please contact cs@alpari-us.com to request a Demo account which includes this netting option. For more information about the company, please visit www.alpari-us.com.

About Alpari (US):
Alpari (US), LLC is one of a group of Alpari companies with operations in New York, London, Shanghai, Dubai, Frankfurt and Moscow. Founded in 1998, the Alpari Group is one of the world’s fastest growing providers of online foreign exchange (“FOREX”, “FX”) trading services, with offices in ten countries, including London, New York, Shanghai, Dubai, Moscow, Mumbai and Frankfurt, serving more than 150 countries. With over 400 employees worldwide, more than 330,000 customer accounts and monthly Forex trading volumes in excess of $147 billion,* the Alpari Group is one of the market leaders in Forex.

Alpari (US) was established in 2006. The company is based on Wall Street, in the financial district of New York City, where it is registered by the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and is a member of the National Futures Association (NFA), Member ID: 0379678.

Please note that trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. For more information about the Forex industry and the regulatory protections offered to those who trade within it, please visit the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) websites at http://www.cftc.gov and http://www.nfa.futures.org.

IBFX Acquires an Australian Licence

August 30th, 2010 Comments off

IBFX Australia Pty Ltd. Acquires Business Licence to Open Doors in Sydney, Australia

IBFX Logo Canada

IBFX Holdings LLC, parent company of leading U.S. off-exchange retail foreign currency (forex) broker Interbank FX LLC, announced today the opening of its Australian subsidiary, IBFX Australia Pty. IBFX Australia Pty. Ltd. has obtained a license with the Australian Securities and Investments Commission (ASIC) and will offer comprehensive services for retail and institutional customers beginning September 1, 2010.

“I am eager and confident as we launch our Australian offering, furthering our global expansion,” said Todd Crosland, chairman and president of IBFX Holdings LLC. “Our ASIC registration will allow us to continue to deliver world class technology solutions and exemplary customer experience to retail traders worldwide.”

Located in the heart of downtown Sydney, IBFX Australia Pty. Ltd plans to follow in the footsteps of its sister company, providing transaction transparency and improving industry standards for foreign exchange.

“We bring with us to Australia our transparent business model and focus on customer care, something we feel sets us apart from competitors,” said Crosland. “As always, we find it vital to provide the best possible trading experience for our customers. That’s how we want do business. That’s our culture. That’s our technology.”

As the popularity of forex trading rapidly grows around the world, IBFX Holdings LLC recognizes the need for increasing levels of access and technology.

IBFX Holdings LLC, parent company of leading U.S. off-exchange retail foreign currency (forex) broker Interbank FX LLC, announced today the opening of its Australian subsidiary, IBFX Australia Pty. IBFX Australia Pty. Ltd. has obtained a license with the Australian Securities and Investments Commission (ASIC) and will offer comprehensive services for retail and institutional customers beginning September 1, 2010.“I am eager and confident as we launch our Australian offering, furthering our global expansion,” said Todd Crosland, chairman and president of IBFX Holdings LLC. “Our ASIC registration will allow us to continue to deliver world class technology solutions and exemplary customer experience to retail traders worldwide.”Located in the heart of downtown Sydney, IBFX Australia Pty. Ltd plans to follow in the footsteps of its sister company, providing transaction transparency and improving industry standards for foreign exchange.

“We bring with us to Australia our transparent business model and focus on customer care, something we feel sets us apart from competitors,” said Crosland. “As always, we find it vital to provide the best possible trading experience for our customers. That’s how we want do business. That’s our culture. That’s our technology.”

As the popularity of forex trading rapidly grows around the world, IBFX Holdings LLC recognizes the need for increasing levels of access and technology.

IBFX Holdings LLC, parent company of leading U.S. off-exchange retail foreign currency (forex) broker Interbank FX LLC, announced today the opening of its Australian subsidiary, IBFX Australia Pty. IBFX Australia Pty. Ltd. has obtained a license with the Australian Securities and Investments Commission (ASIC) and will offer comprehensive services for retail and institutional customers beginning September 1, 2010.“I am eager and confident as we launch our Australian offering, furthering our global expansion,” said Todd Crosland, chairman and president of IBFX Holdings LLC. “Our ASIC registration will allow us to continue to deliver world class technology solutions and exemplary customer experience to retail traders worldwide.”

Located in the heart of downtown Sydney, IBFX Australia Pty. Ltd plans to follow in the footsteps of its sister company, providing transaction transparency and improving industry standards for foreign exchange.

“We bring with us to Australia our transparent business model and focus on customer care, something we feel sets us apart from competitors,” said Crosland. “As always, we find it vital to provide the best possible trading experience for our customers. That’s how we want do business. That’s our culture. That’s our technology.”

As the popularity of forex trading rapidly grows around the world, IBFX Holdings LLC recognizes the need for increasing levels of access and technology.