Market News The latest news, announcements, services and trading tools to hit the market.
Saxo Bank, the online trading and investment specialist, has launched a forex correlations tool on TradingFloor.com.
The corrections tool is the third interactive application released on this trading community in the last six months. It follows a Forex Open Positions module and a customisable real-time updating Financial Calendar.
The FX correlations module shows data relationships between prices, between prices and exposures, and between exposures in the major currency pairs graphically.
Hugh Taggart, Head of Content at Saxo Bank, said: “This launch represents another step in bringing interactive tools to members of the TradingFloor.com community. HTML5 technology enables us to provide tools like this to help traders and investors explore their ideas and decision-making in this constantly changing online environment.”
The module was developed by Saxo Bank's Advanced Research and Innovation department, which investigates the use of advanced technology in finance. The department also has a grant from the EU Commission to conduct research in neuroeconomics and technology-enhanced learning. The correlations tool draws on the simple relationships revealed in the Open Positions Module, which the department also prototyped.
Jeffrey Lins, Head of Advanced Research and Innovation at Saxo Bank, said: “The grammar of relationships displayed in the tool is quite easy to grasp. Relationships are rendered visually through connections, shapes, colours and sizes, which float in a kind of particle system – something like the physics of the real world – making interaction with the module fun.”
Admiral Markets launches CFD trader Admiral Markets, one of the EU’s most popular online European brokerage agencies,
is delighted to announce the launch of its new CFD platform. As part of Admiral Markets’ ongoing commitment to offer new trading solutions, the platform is designed to expand the range of markets available to clients, allowing them to profit from the movement of stock markets by trading CFDs for individual equity shares. The new CFD Trader features more than 20 exchanges around the world, with more than
3,000 equity CFDs and with up to 1:10 leverage for most contracts.
“We believe that this new platform will open up a host of new opportunities for our clients, allowing them to take advantage of the natural movements of markets around the world,” explains Dmitri Laush, Executive Vice President of Admiral Markets.
“With more favourable margins and lower commissions than other instruments, CFDs are a great way for new clients to enter the market. This easy to use platform gives them the opportunity to begin to build up a strong trading portfolio that will give them a great return on their initial investment,” he adds. For more information visit www.admiralmarkets.com.
easy-forex Wins Best Online Broker, Eastern Europe, in World Finance Awards 2012 easy-forex®, the pioneer online-currency-trading group that has revolutionised currency trading in more than 160 countries since 2001, is thrilled to have been announced as the winner of the award for Best Online Broker, Eastern Europe, in the World Finance Awards for 2012.
The World Finance Awards have been celebrating achievement, innovation and brilliance in their annual awards since 2007. easy-forex was nominated this year in the category of Exchanges and Brokers and has been recognised for the outstanding performance of its trading platforms and their accessibility to individual traders.
The easy-forex award was recently accepted in London by Michael Konnaris, CEO of easy-forex. Mr Konnaris said: “It is a true honour for easy-forex to be recognised as the Best Online Broker for Eastern Europe in the World Finance Awards 2012. We have been offering online trading for more than 10 years now and this award is further recognition from our traders that our platform and service is world class.”
easy-forex has been making trading foreign exchange possible for the private individual trader since 2001.
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