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	<title>Michael Mobley Investing &#187; Forex Trading</title>
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	<link>http://www.michaelmobley.com</link>
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		<title>IG Markets Cuts CFD Spread for Major Forex Pairs</title>
		<link>http://www.michaelmobley.com/2011/07/28/ig-markets-cuts-cfd-spread-for-major-forex-pairs/</link>
		<comments>http://www.michaelmobley.com/2011/07/28/ig-markets-cuts-cfd-spread-for-major-forex-pairs/#comments</comments>
		<pubDate>Thu, 28 Jul 2011 09:35:38 +0000</pubDate>
		<dc:creator>Michael Mobley</dc:creator>
				<category><![CDATA[Forex Trading]]></category>
		<category><![CDATA[General]]></category>
		<category><![CDATA[forex]]></category>
		<category><![CDATA[IG markets]]></category>

		<guid isPermaLink="false">http://www.michaelmobley.com/?p=357</guid>
		<description><![CDATA[IG Markets, Australia’s number one CFD provider*, has reduced the spread on EUR/GBP and GBP/USD, which are available now from just 1 pip. These will add to their already low spreads for major forex pairs, including EUR/USD, AUD/USD and USD/JPY, all available from 1 pip. Melbourne, Victoria (PRWEB) IG Markets, Australia’s number one CFD provider*, [...]]]></description>
			<content:encoded><![CDATA[<p>IG Markets, Australia’s number one CFD provider*, has reduced the spread on EUR/GBP and GBP/USD, which are available now from just 1 pip. These will add to their already low spreads for major forex pairs, including EUR/USD, AUD/USD and USD/JPY, all available from 1 pip. </p>
<p>Melbourne, Victoria (PRWEB) </p>
<p>IG Markets, Australia’s number one CFD provider*, has reduced the spread on EUR/GBP and GBP/USD, which are available now from just 1 pip. These will add to their already low spreads for major forex pairs, including EUR/USD, AUD/USD and USD/JPY, all available from 1 pip. <div id="attachment_358" class="wp-caption alignright" style="width: 260px"><a href="http://www.michaelmobley.com/wp-content/uploads/2011/07/gI_59673_IG-Get-Thinking-website.jpg"><img src="http://www.michaelmobley.com/wp-content/uploads/2011/07/gI_59673_IG-Get-Thinking-website.jpg" alt="" title="090109_80x260_BUSH_AFR.indd" width="250" height="109" class="size-full wp-image-358" /></a><p class="wp-caption-text">IG Markets - CFD Trading Quote startIG Markets is committed to constant innovation and providing new tools to improve our clients’ trading experience.Quote end </p></div></p>
<p>Mr Tamas Szabo, Chief Executive Officer, IG Markets says “As part of our commitment to provide outstanding value for money alongside quality service, we are excited to be cutting our minimum spreads on our most heavily traded forex pairs. Along with the tight spreads on forex, we offer low trading spreads on our stock index CFDs and over 7000 global share CFDs, with commissions starting from just 0.1%.”</p>
<p>Forex is the world’s most traded market, and is used to speculate on the relative strength of one currency against another. Clients who trade with IG Markets benefit from tight spreads, a pro-level real-time charting package, both simple and complex order types, as well as Forex Focus, the forex market analysis on their website. Forex Focus is updated twice daily and takes an in-depth look at moves in the AUD/USD, USD/JPY, GBP/USD and EUR/USD.</p>
<p>“IG Markets is committed to constant innovation and providing new tools to improve our clients’ trading experience. We are thrilled to be able to reduce the spread on this very popular product, which reflects our commitment to maintain our trademark quality service and to keep our rates competitively low.” Mr Szabo said.</p>
<p>A <a href="http://www.igmarkets.com.au/">CFD</a> (or Contract for Difference) is an agreement to exchange the difference in value of a particular asset between the time at which a contract is opened and the time at which it is closed. IG Markets offers CFDs on a range of markets, including forex, indices, shares, commodities, options and more.</p>
<p>About IG Markets</p>
<p>IG Markets specialises in financial derivatives, principally Contracts for Difference trading (CFD trading) on over 7,000 global share CFDs, along with indices, <a href="http://www.igmarkets.com.au/cfd/forex.html">forex trading</a>, commodities, options, binaries and more. IG Markets is part of the IG Group, a UK FTSE 250 member with over 75,000 active clients worldwide. For further information please call 1800 601 799.</p>
<p>29% of CFD traders choose IG Markets as their main provider vs. 20% for the next largest provider &#8211; Investment Trends May 2010 CFD Report.  </p>
<p>Remember that CFDs and forex are leveraged products and can result in losses that exceed your initial deposit. CFD and forex trading may not be suitable for everyone, so please ensure that you fully understand the risks involved. Please consider our PDS before you enter into any transaction with us.</p>
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		<title>TradeForgeFX Launches As The World’s Only Drag-and-Drop System Creation Tool For Forex</title>
		<link>http://www.michaelmobley.com/2011/06/30/tradeforgefx-launches-as-the-world%e2%80%99s-only-drag-and-drop-system-creation-tool-for-forex/</link>
		<comments>http://www.michaelmobley.com/2011/06/30/tradeforgefx-launches-as-the-world%e2%80%99s-only-drag-and-drop-system-creation-tool-for-forex/#comments</comments>
		<pubDate>Thu, 30 Jun 2011 12:37:23 +0000</pubDate>
		<dc:creator>Michael Mobley</dc:creator>
				<category><![CDATA[Forex Trading]]></category>
		<category><![CDATA[forex online]]></category>
		<category><![CDATA[TradeForgeFX]]></category>

		<guid isPermaLink="false">http://www.michaelmobley.com/?p=343</guid>
		<description><![CDATA[Sharptrade LLC is one of the world leading Forex online publishers and Idea Incubator announces the release of Shaprtrade’s new system creation tool for Forex traders, it is called “TradeForgeFX” Austin, TX (Vocus/PRWEB) April 20, 2011 Sharptrade LLC is one of the leading information publisher’s in the foreign exchange trading market. They have just released [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.tradeforgefx.com/">Sharptrade LLC</a> is one of the world leading Forex online publishers and Idea Incubator announces the release of Shaprtrade’s new system creation tool for Forex traders, it is called “TradeForgeFX”</p>
<p>Austin, TX (Vocus/PRWEB) April 20, 2011</p>
<p>Sharptrade LLC is one of the leading information publisher’s in the foreign exchange trading market. They have just released a software program called “TradeForgeFX” that allows users, with a drag and drop interface, to create their own trading systems.</p>
<p>Software developer Kevin Eaton, focused on the 3 biggest reasons for Forex trader’s failure. He observes “One, a solid trading plan. Two, having the time to trade this plan and last, the ability to stick to your guns and trade your strategies without emotion or fear.” The official TradeForgeFX website states it is closed to the public, but sign-ups are being taken here <a href="http://www.forexfoolsandliars.com/tips/?id=192">TradeForge FX</a> sign up.</p>
<p>TradeForgeFX aims to take those reasons and fix them. With it a true drag and drop Forex trading system it is possible to create profitable Forex systems without knowing any programming. Built into TradeForgeFX is 1 button which allows users to trade the newly created systems live. The tool then automates the entire process. The automation is aimed at removing the emotion from trading. The process works as: test, track, continue trading systems that work. </p>
<p>This Forex trading system will hook into MetaTrader4, one of the largest free Forex trading platforms. Meta Trader allows users to watch the foreign exchange market and place trades on the fluctuation of different currencies value in relation to each other.</p>
<p>It empowers you to potentially skyrocket your trading ability far beyond what you thought possible. Trade Forge FX includes an impressive GUI that will allow you to visually build your systems (or simply load one of the 5 profitable ones we give you!). In addition, Trade Forge FX allows you to:</p>
<p>Test systems before trading them live, so the trading system can make fake trades and create reports of how they are performing. With one click set the system live. Once the system is live, if it is not profitable the Forex system can be “inverted” to flip the trades with one more click, this would potentially turn a negative trade into a profitable one. It comes equipped with a “remote notification” option for email and/or text message alerts. The lead programmer, designer and developer, Kevin Eaton, has created 4 hours of video to provide support for the users. The official website is <a href="http://www.tradeforgefx.com/">TradeForgeFX</a>, and signups are being taken at <a href="http://www.forexfoolsandliars.com/tips/?id=192">Forex Trading System</a>.</p>
<p>Sharptrade LLC is an online publisher of <a href="http://forexmailservice.com/">Forex Trading</a> information products.</p>
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		<title>InvestTechFX the Worldwide Forex Trading Company Becomes the Leading 1 PIP Spread on FIVE MAJORS Forex Currency Pares</title>
		<link>http://www.michaelmobley.com/2010/12/27/investtechfx-the-worldwide-forex-trading-company-becomes-the-leading-1-pip-spread-on-five-majors-forex-currency-pares/</link>
		<comments>http://www.michaelmobley.com/2010/12/27/investtechfx-the-worldwide-forex-trading-company-becomes-the-leading-1-pip-spread-on-five-majors-forex-currency-pares/#comments</comments>
		<pubDate>Mon, 27 Dec 2010 06:39:56 +0000</pubDate>
		<dc:creator>Michael Mobley</dc:creator>
				<category><![CDATA[Forex Trading]]></category>
		<category><![CDATA[Investing]]></category>

		<guid isPermaLink="false">http://www.michaelmobley.com/?p=337</guid>
		<description><![CDATA[As of September 2008, InvestTechFX Technologies Inc. the worldwide leading Forex Trading Company is the first that has decreased the spread rate between the BID &#038; ASK to 1 PIP only price difference between buying and selling Forex Currencies in the FIVE MAJORS currencies and the lowest spread rates on the rest of the Forex [...]]]></description>
			<content:encoded><![CDATA[<p>As of September 2008, InvestTechFX Technologies Inc. the worldwide leading Forex Trading Company is the first that has decreased the spread rate between the BID &#038; ASK to 1 PIP only price difference between buying and selling Forex Currencies in the FIVE MAJORS currencies and the lowest spread rates on the rest of the Forex pairs worldwide:</p>
<p>EUR/USD &#8211; 1 PIP                                 AUD/USD &#8211; 2 PIPS<br />
GBP/USD &#8211; 1 PIP                                 NZD/USD &#8211; 2 PIPS<br />
USD/JPY &#8211; 1 PIP                                 EUR/GBP &#8211; 2 PIPS<br />
USD/CHF &#8211; 1 PIP                                 EUR/JPY    &#8211; 2 PIPS<br />
USD/CAD &#8211; 1 PIP                                 EUR/CHF &#8211; 2 PIPS</p>
<p>InvestTechFX the worldwide leading 1 PIP Forex Trading Co. wants to decrease the profits tension of the Foreign Forex Currency companies, which give the Forex Trader differences of 2 PIPS, 3 PIPS and 4 PIPS for the majors&#8217; currencies.</p>
<p>InvestTechFX the leading 1 PIP Forex Trading Co. decided by decreasing the difference between BID &#038; ASK, more Forex Traders and Forex Account Managers will be able to enter this fascinating Trading Forex Market with activity extent of 3 trillions Dollars average per day.</p>
<p>InvestTechFX the leading 1 PIP Forex Trading Co. believes that by being a pioneer in the PIPS decreasing, the banks and foreign currencies companies which will remain in the Forex Market will be able to offer the Forex Trader low spread costs and the PIPS money savings will remain with the Forex Trader.</p>
<p>WHAT IS A PIP (Price Interest Point)</p>
<p>InvestTechFX the leading 1 PIP Forex Trading Co. explains that a PIP is the smallest trading unit in the Forex foreign currency. Most of the currency pairs are traded in different values which are noted in five digits, e.g.: EUR/USD = 1.3645.</p>
<p>InvestTechFX the leading 1 PIP Forex Trading Co. explains that if the pair value changed to EUR/USD = 1.3650 meaning that the EUR/USD pair was increased by 5 PIPS or If the pair value changed to EUR/USD = 1.3640 meaning that the EUR/USD pair was decreased by 5 PIPS.</p>
<p>InvestTechFX the leading 1 PIP Forex Trading Co. explains that the financial value of a PIP is different in accordance to the Forex trade size and the type of the Forex currency pair which are traded.</p>
<p>A trade is usually 1 LOT size. 1 LOT is equal to 100,000 currency unit.<br />
Example to the PIPS (Dollar values) on the Forex majors&#8217; currencies:</p>
<p>EUR/USD &#8211; PIPS VALUE $10 US<br />
GBP/USD &#8211; PIPS VALUE $ 10 US<br />
USD/CHF &#8211; PIPS VALUE $ 9 US<br />
USD/CAD &#8211; PIPS VALUE $ 9 US<br />
USD/JPY &#8211; PIPS VALUE $10 US</p>
<p>INVESTTECHFX FOREX TRADING EXCHANGE RATE:</p>
<p>InvestTechFX the leading 1 PIP Forex Trading explains that Forex trading on foreign currencies traded in pairs and it calls Forex Exchanged Rate. Trading with InvestTechFX the leading 1 PIP Forex the majority of Forex currencies are opposed to the US dollar (USD), which mostly traded frequently. According to InvestTechFX the leading 1 PIP Forex, the second currency after the US dollar on the Forex Market is the Euro (EUR), JPY, GBP, CHF and CAD. According to InvestTechFX the leading 1 PIP Forex Trading, those five currencies build the majority of the Forex market and they called the major currencies or &#8220;The Majors&#8221;.</p>
<p>According to InvestTechFX the leading 1 PIP Forex Trading, the currency that is the first one in the Forex foreign exchange pair is called BASE CURENCY. The second currency according to InvestTechFX is the COUNTER CURRENCY or QUOTED CORRENCY. The counter or quote currency is the numerator in the ratio, and the base currency is the denominator.</p>
<p>According to InvestTechFX the leading 1 PIP Forex Trading, the Forex foreign exchange rate point to the Forex Trader is the amount of the counter or quote Forex currency to pay to keep the Forex unit of the base Forex currency. According to InvestTechFX the leading 1 PIP Forex Trading, the Forex exchange rate is also point the Forex Trader how much they receiving in the COUNTED or QUOTED Forex currency when the trader BUY or SELL one unit of the base currency.</p>
<p>INVESTTECHFX FOREX TRADING SPREADS:</p>
<p>According to InvestTechFX the leading 1 PIP Forex Trading, It is the distinguishing between BUY &#038; SELL, or BID &#038; ASK. Those are the differences between the exchange&#8217;s Forex Trading &#8220;SELL&#8221; price and the price that the exchange Forex Trading &#8220;BUY&#8221; price.<br />
According to InvestTechFX the leading 1 PIP Forex Trading, the amount that the Forex trader will be received in the counter currency when the Forex trader sells a unit of base currency will be lower than the amount of counter currency that the forex trader BUY a unit of base currency. InvestTechFX online Forex trading with MetaTrader4 offers a spread of 1 PIP on the FIVE MAJORS. Smaller spreads are better for Forex Traders since they require a smaller movement in Forex exchange rates in order to profit from Forex trades.</p>
<p>INVESTTECHFX FOREX TRADING PRICES, QUOTES &#038; CROSS RATES:</p>
<p>According to InvestTechFX the leading 1 PIP Forex Trading the currency&#8217;s price (counter currency), is called &#8220;QUOTE&#8221;. There are two kinds of quotes in the Forex market:<br />
DIRECT QUOTE: the price for 1 US dollar in terms of the other currency, e.g.: USD/CHF &#038; USD/CAD.<br />
INDIRECT QUOTE: the price of a currency in terms of 1 US dollars, e.g.: GBP/USD &#038; EUR/USD.<br />
CROSS RATES: any quote which is not upfront the US dollar is called &#8220;CROSS&#8221;, e.g.: EUR/GBP &#038; EUR/CHF.</p>
<p>For further information about InvestTechFX the leading 1 PIP Forex Trading logon http://www.investtechfx.com.</p>
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		<title>BabyPips.com Offers Forex Traders 10 Tips to Start the New Year on the Right Track</title>
		<link>http://www.michaelmobley.com/2010/01/05/babypips-com-offers-forex-traders-10-tips-to-start-the-new-year-on-the-right-track/</link>
		<comments>http://www.michaelmobley.com/2010/01/05/babypips-com-offers-forex-traders-10-tips-to-start-the-new-year-on-the-right-track/#comments</comments>
		<pubDate>Tue, 05 Jan 2010 08:57:08 +0000</pubDate>
		<dc:creator>Michael Mobley</dc:creator>
				<category><![CDATA[Forex Trading]]></category>
		<category><![CDATA[forex education]]></category>
		<category><![CDATA[forex news]]></category>
		<category><![CDATA[forex tools]]></category>
		<category><![CDATA[forex traders]]></category>
		<category><![CDATA[free online trading education]]></category>

		<guid isPermaLink="false">http://www.michaelmobley.com/?p=303</guid>
		<description><![CDATA[The New Year is a time to start fresh regardless of the previous year’s wins and losses. BabyPips.com wants to help Forex traders wipe the slate clean with a list of top 10 New Year’s resolutions for Forex traders. These practical tips will motivate traders to think harder about their personal trading habits, goals, and [...]]]></description>
			<content:encoded><![CDATA[<p> The New Year is a time to start fresh regardless of the previous year’s wins and losses. BabyPips.com wants to help Forex traders wipe the slate clean with a list of top 10 New Year’s resolutions for Forex traders. These practical tips will motivate traders to think harder about their personal trading habits, goals, and style for smarter, more successful trades.</p>
<p>Richmond, VA <a href="http://www.prweb.com/">(PRWEB</a>) January 4, 2010 &#8212; 2010 marks the start of a new decade, and BabyPips.com, the leader in <a href="http://www.babypips.com/?utm_source=prweb&#038;utm_medium=pressrelease&#038;utm_campaign=jan2010resolutions">free online currency trading education</a>, wants to make sure <a href="http://www.babypips.com/school/the_skinny_on_forex.html?utm_source=prweb&#038;utm_medium=pressrelease&#038;utm_campaign=jan2010resolutions">Forex traders</a> start the New Year on the right track. The <a href="http://www.babypips.com/school/?utm_source=prweb&#038;utm_medium=pressrelease&#038;utm_campaign=jan2010resolutions">Forex education</a> site released its top 10 list of resolutions to help traders execute their trading strategies successfully.<br />
<div id="attachment_306" class="wp-caption alignright" style="width: 260px"><img src="http://www.michaelmobley.com/wp-content/uploads/2010/01/gI_0_BabyPips.comLogo1.jpg" alt="BabyPips.com Offers Forex Traders 10 Tips for 2010" title="gI_0_BabyPips.comLogo" width="250" height="53" class="size-full wp-image-306" /><p class="wp-caption-text">BabyPips.com Offers Forex Traders 10 Tips for 2010</p></div></p>
<p>“These are practical tips for traders at any experience level,” said Odell Ramirez, co-founder of BabyPips.com. “It is never too late for a Forex trader to adopt any of these resolutions. Traders should print out this list and post it on their fridge or near their computers. Any time a trader has information overload or feels dejected after a losing trade, this list will remind them to go back to the basics.”</p>
<p>These are practical tips for traders at any experience level,” said Odell Ramirez, co-founder of BabyPips.com. “It is never too late for a Forex trader to adopt any of these resolutions.</p>
<p>1.   Forex traders should find their own way: Every person has their own beliefs, views, and comfort levels. What works for one trader will not necessarily work for another. Traders should learn all they can, practice what they learn, and eventually they will find a set of skills that will help them navigate and adjust to the markets.</p>
<p>2.   Plan the trade, and then trade the plan: Having a plan means being prepared for whatever the market may give a trader, so that means executing without stress or hesitation. Traders must come up with a solid trade plan, and then stick to it. It is pointless to comb through and carefully piece together economic information and technical signals only to jump ship in the middle of the trade. When Forex traders fail to plan, then they have already planned to fail.</p>
<p>3.   Get stopped out – the right way: A trader shouldn&#8217;t set their stop loss levels according to how much of their account they are risking. Rather, stop losses should be set at points where the original trade idea is invalidated, or no longer has the potential to be successful. Traders should set stops well beyond established support/resistance areas, or when the system signals an exit. The markets do not know how much a trader is willing to risk.</p>
<p>4.   Don’t forget the fundies: Not every trader or trade requires absolute mastery of economic analysis and forecasting. It is possible that winning trades can be made on technicals alone, but the astute trader has to be aware of upcoming economic events. These events may have the potential to create an environment that a trader’s system was not designed for. Traders can avoid being blindsided by a Mack truck by not putting up a trade before a major event.</p>
<p>5.   Be flexible: The markets are fickle and what catches the markets&#8217; attention today will not necessarily move the price tomorrow. Forex traders must be ready to move with that next major sentiment change and never be married to a position.</p>
<p>6.   Don&#8217;t force trades: If a system or trading method does not give a clear signal to be in the market, then that means there is no edge for traders to win in the current environment. Forex traders should stay out and avoid putting a trade on just because they are bored and itching for some action. No position is a position.</p>
<p>7.   Forex traders will have losing trades: The sooner traders can accept this, the sooner they can remove the emotional stress of losing a trade, and have a clearer head for making the right decisions and adjustments.</p>
<p>8.   Journal every detail: Traders should document technical and fundamental analysis, but they must also include their thoughts, feelings and what they were doing at that time. With a journal, traders can look back and say, “Oh, apparently I lost ten out of eleven trades when I was playing Call of Duty® with my friends. I better not trade when I’m playing computer games.” Those small lessons can really add up to becoming a better trader. Traders must keep a journal because no else will record and teach them lessons about themselves. Traders won’t know where they are going if they don’t know where they’ve been.</p>
<p>9.   Learn to take a break: Like a developing athlete, resting is just as important. Keeping up with markets can get rough, and a trader&#8217;s mind and body can get stressed when things aren&#8217;t going their way. These are the times when it is necessary to step back and recuperate. Traders will come back stronger and refocused to take advantage of the next opportunity.</p>
<p>10.   Manage risk consistently: There will be times where traders feel so strongly about a trade or times where they want to make back losses that go beyond their normal risk tolerance. The secret to trading success in the beginning is to survive. The markets will always be there and opportunities will always be around the corner. Traders shouldn’t take these opportunities away from themselves by blowing their account.</p>
<p>Forex traders can read this list and other helpful tips on <a href="http://www.babypips.com/blogs/pick-of-the-day/?utm_source=prweb&#038;utm_medium=pressrelease&#038;utm_campaign=jan2010resolutions">BabyPips.com&#8217;s Pick of the Day</a> blog.</p>
<p>About BabyPips.com<br />
BabyPips.com is an easy-to-understand resource for Forex traders. Created in November 2005 by the FX-Men, the site seeks to protect newbie traders from losing all their money in the Forex market either from their own poor trading decisions or from Forex scams. Through free lessons in the School of Pipsology, articles, blogs, forums, and <a href="http://www.babypips.com/?utm_source=prweb&#038;utm_medium=pressrelease&#038;utm_campaign=jan2010resolutions">Forex tools</a>, BabyPips.com provides up-to-date information to help protect newbie traders in the Forex market. Start trading smarter at BabyPips.com.</p>
<p>About Pips à la Carte<br />
The FX-Men created Pips à la Carte in 2007 to protect Forex traders from slick, get-rich-quick Forex schemes, while finding fresh, witty ways to educate traders along the way. Forex traders, both new and experienced, have instant access to an assortment of online Forex resources across their five websites.</p>
<p>Start with <a href="http://www.babypips.com/?utm_source=prweb&#038;utm_medium=pressrelease&#038;utm_campaign=jan2010resolutions">free Forex lesson</a>s, blogs, and forums on BabyPips.com. Read the latest <a href="http://www.freshpips.com/?utm_source=prweb&#038;utm_medium=pressrelease&#038;utm_campaign=jan2010resolutions">Forex new</a>s on FreshPips.com. Get unbiased consumer reviews and opinions on <a href="http://www.reviewpips.com/?utm_source=prweb&#038;utm_medium=pressrelease&#038;utm_campaign=jan2010resolutions">ReviewPips.com</a>. Look for answers to your most burning Forex questions on AskPips.com. And build a rock-solid trading plan using a <a href="http://www.meetpips.com/?utm_source=prweb&#038;utm_medium=pressrelease&#038;utm_campaign=jan2010resolutions">free, online trading journal</a> on MeetPips.com. Feed your Forex hunger at <a href="http://www.pipsalacarte.com/">www.pipsalacarte.com</a>.<br />
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		<title>Forex-rates.biz Releases Free Currency Exchange Widget for Webmasters</title>
		<link>http://www.michaelmobley.com/2009/12/29/forex-rates-biz-releases-free-currency-exchange-widget-for-webmasters/</link>
		<comments>http://www.michaelmobley.com/2009/12/29/forex-rates-biz-releases-free-currency-exchange-widget-for-webmasters/#comments</comments>
		<pubDate>Tue, 29 Dec 2009 07:07:52 +0000</pubDate>
		<dc:creator>Michael Mobley</dc:creator>
				<category><![CDATA[Forex Trading]]></category>
		<category><![CDATA[Currency exchange]]></category>
		<category><![CDATA[forex rates]]></category>
		<category><![CDATA[free forex chart]]></category>

		<guid isPermaLink="false">http://www.michaelmobley.com/?p=302</guid>
		<description><![CDATA[Forex-rates.biz has recently developed a currency conversion widget, which is being offered free of charge to all webmasters. It offers up to the minute exchange rate and currency conversion information, and is easily implemented. Webmasters only need to drop a few lines of code into their webpage layout, making the widget active on a page [...]]]></description>
			<content:encoded><![CDATA[<p>Forex-rates.biz has recently developed a currency conversion widget, which is being offered free of charge to all webmasters. It offers up to the minute exchange rate and currency conversion information, and is easily implemented. Webmasters only need to drop a few lines of code into their webpage layout, making the widget active on a page in minutes.</p>
<p>San Jose, Costa Rica (<a href="http://www.prweb.com/">PRWEB</a>) &#8212; Forex-rates.biz, a free forex chart and alert services website operated by the Costa Rica-based online marketing company known as Phoenix Media, has recently developed a currency conversion widget, which is being offered free of charge to all webmasters for use on their respective sites. The ticker can be customized by webmasters to suit their needs, according to their site&#8217;s style and format. It offers up to the minute exchange rate and currency conversion information, and is easily implemented. Webmasters only need to drop a few lines of code into their webpage layout, making the widget active on a page in minutes.</p>
<p>Unlike competing currency converter tools available on the web, however, forex-rates.biz&#8217;s tool does not require visitors to be redirected to another site to see the results of their query. This keeps visitors on the website, so site traffic leakage is automatically reduced.</p>
<p>When asked why now, and what makes the forex-rates.biz tool different from other such tools, site representative Rick Bowen stated: &#8220;It&#8217;s simple. We expect webmasters to take advantage of this tool like we take advantage of the tool on our own network of sites. Of course, as webmasters ourselves we understand the importance of visitors staying on the site and not being redirected away. Site visitors are our online currency and we wouldn&#8217;t expect anyone to use our tool if it was going to lose them money.</p>
<p>&#8220;Our free currency exchange tool will be especially useful on sites that discuss world affairs, travel, flights, accommodations, and the forex market. Merchants that accept only one currency but target consumer audiences that may use other currencies will also find the tool useful, as it will allow shoppers to learn the approximate cost of a particular item in their home country&#8217;s currency, making for a simpler and more comfortable shopping experience.&#8221;</p>
<p>The free forex rates tool is available for webmasters to download and add to their website by visiting <a href="http://www.forex-rates.biz/cet.htm">http://www.forex-rates.biz/cet.htm</a></p>
<p>In addition to the currency converter widget, forex-rates.biz also has a forex ticker which provides the latest exchange rates for the most traded currencies. The forex ticker can also be downloaded for webmasters to use on their sites.</p>
<p>Mr. Bowen said the following about Phoenix Media&#8217;s involvement in the forex niche:</p>
<p>&#8220;The future of the forex market is exceedingly bright as our world is forever becoming smaller and within easier reach of more and more people for travel, as well as for buying and trading online. An understanding of the local currency is vital to success when researching and visiting far off places. Forex-rates.biz plans to stay ahead of the curve by providing the best free information available on the web when it comes to foreign exchange.&#8221;</p>
<p>About Phoenix Media</p>
<p>Phoenix Media is a division of Blue Reef S.A which is currently based in Latin America. Their website portfolio is vast and covers sectors including forex and investing, travel, online entertainment, and more. </p>
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		<title>Forex Income Engine 2.0 By Bill Poulos Helps Day Traders Profit More on Forex</title>
		<link>http://www.michaelmobley.com/2009/12/13/forex-income-engine-2-0-by-bill-poulos-helps-day-traders-profit-more-on-forex/</link>
		<comments>http://www.michaelmobley.com/2009/12/13/forex-income-engine-2-0-by-bill-poulos-helps-day-traders-profit-more-on-forex/#comments</comments>
		<pubDate>Mon, 14 Dec 2009 03:40:51 +0000</pubDate>
		<dc:creator>Michael Mobley</dc:creator>
				<category><![CDATA[Forex Trading]]></category>
		<category><![CDATA[day traders]]></category>
		<category><![CDATA[forex]]></category>
		<category><![CDATA[forex income]]></category>

		<guid isPermaLink="false">http://www.michaelmobley.com/?p=294</guid>
		<description><![CDATA[The Forex Income Engine 2.0 course helps many traders earn more by day trading on the currency market. Syracuse, NY (PRWEB) December 8, 2009 &#8212; http://www.truthaboutforex.com/forex-income-engine.html &#8211; Forex Income Engine 2.0 is a course and trading system for Forex day traders. The home study course and trading systems in the package are the creation of [...]]]></description>
			<content:encoded><![CDATA[<p> The Forex Income Engine 2.0 course helps many traders earn more by day trading on the currency market.</p>
<p>Syracuse, NY (<a href="http://www.prweb.com/">PRWEB</a>) December 8, 2009 &#8212; <a href="http://www.truthaboutforex.com/forex-income-engine.html">http://www.truthaboutforex.com/forex-income-engine.html</a> &#8211; Forex Income Engine 2.0 is a course and trading system for Forex day traders. The home study course and trading systems in the package are the creation of Bill Poulos, a famed Forex expert with over 33 years of active trading experience.</p>
<p>The system is now on sale for the following few days only or until the limited number of initial copies have run out.</p>
<p>Traders can find out more about the course here: <a href="http://www.truthaboutforex.com/forex-income-engine.html">http://www.truthaboutforex.com/forex-income-engine.html</a></p>
<p>According to John J. Drummond, Forex author and blogger, &#8220;The purpose of Forex Income Engine 2.0 is simple: help currency traders develop their trading skills, reduce risk, increase high probability trades, and show traders how to earn a handsome income without spending hours in front of charts.</p>
<p>&#8220;The home study course includes 3 different trading systems which together cover various market conditions and show traders how to place high probability trades in an efficient and easy to follow way. The system is presented in video tutorials complete with detailed trading examples which show exactly what to do in any market condition a trader may encounter.&#8221;</p>
<p>Traders are welcome to read a complete review of the system here: <a href="http://www.truthaboutforex.com/forex-income-engine-review.html">http://www.truthaboutforex.com/forex-income-engine-review.html</a></p>
<p>When asked what he thought the course main benefits were, here is what Drummond had to say: &#8220;Bill Poulos is known as a world class expert on risk management. Traders may be able to save thousands of dollars in unnecessary losses when they follow the clear advice and directions which Bill Poulos gives in the risk management section of Forex Income Engine 2.0.&#8221;</p>
<p>Here is what is included in this course:</p>
<p>- A video tutorial which covers Forex trading basics to make sure all students are proficient in the elementary terms of the currency market</p>
<p>- 3 video tutorials, each covering a different trading method for various market conditions. These methods are called the Ignition, Overdrive, and Spring methods. Each comes with its own detailed trading examples, can be used on any of the major currency pairs, and is based on a unique and powerful combination of a handful of indicators.</p>
<p>Each of these methods was developed to provide traders with an easy way to place high probability, high potential trades.</p>
<p>- A tutorial on how to work with the best charting software programs and to choose the finest broker.</p>
<p>- Profit sheets for easy trading planning</p>
<p>- 1 year of unlimited email support by Bill Poulos and his staff</p>
<p>- Periodical additional trading material to make sure traders remain on top of Forex development.</p>
<p>&#8220;What&#8217;s special about this release of Forex Income Engine 2.0, &#8221; said Drummond, &#8220;is that Bill Poulos is offering 8 weeks of coaching for all his new students. Having access to someone of Bill Poulos&#8217;s caliber is in itself worth the price of the course and then some. I am positive that any trader will find this course a life changer as it can really set a trader on the road to success in the currency market.&#8221;</p>
<p>Forex Income Engine 2.0 is released once every few months and is always sold out in a matter of days. Number of copies is always limited. The course comes with a money back guarantee and includes various bonuses from other Forex experts.</p>
<p>To read more about the course visit <a href="http://forexseer.com/forex-income-engine-review/">http://forexseer.com/forex-income-engine-review/</a></p>
<p>= About John J. Drummond =<br />
John J. Drummond is a Forex author and blogger. He covers everything related to the currency trading market from news, updates, analysis, to reviewing the latest products and systems.</p>
<p>He also publishes a free Forex newsletter for traders from all over the world in which he shares Forex tips, techniques, and updates.</p>
<p>Traders can sign up for the newsletter here: <a href="http://www.truthaboutforex.com/free-forex-report.html">http://www.truthaboutforex.com/free-forex-report.html</a></p>
<p>He believes in the importance of an extensive Forex education and that a trader must always learn and improve to stay ahead of the competition in the market.</p>
<p>He is an owner of Forex Income Engine 2.0 and also serves as an affiliate of the course. </p>
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		<title>Forex Trading Pal Launches Rebate Program to Strengthen its Introducing Broker Status</title>
		<link>http://www.michaelmobley.com/2009/12/07/forex-trading-pal-launches-rebate-program-to-strengthen-its-introducing-broker-status/</link>
		<comments>http://www.michaelmobley.com/2009/12/07/forex-trading-pal-launches-rebate-program-to-strengthen-its-introducing-broker-status/#comments</comments>
		<pubDate>Mon, 07 Dec 2009 06:48:19 +0000</pubDate>
		<dc:creator>Michael Mobley</dc:creator>
				<category><![CDATA[Forex Trading]]></category>
		<category><![CDATA[forex trading pal]]></category>
		<category><![CDATA[introducing brokers]]></category>
		<category><![CDATA[rebate program]]></category>

		<guid isPermaLink="false">http://www.michaelmobley.com/?p=280</guid>
		<description><![CDATA[(PRWEB) &#8212; Forex Trading Pal has recently launched its rebate program. On the Forex Trading Pal website you will find rebate offers that cannot be matched by most other introducing brokers and, also very important, Forex Trading Pal only works with some of the most respected dealing firms in the market. This allows traders to [...]]]></description>
			<content:encoded><![CDATA[<p> (<a href="http://www.prweb.com/">PRWEB</a>) &#8212; <a href="http://www.forextradingpal.com/forex-rebates/">Forex Trading Pal</a> has recently launched its rebate program. On the Forex Trading Pal website you will find rebate offers that cannot be matched by most other introducing brokers and, also very important, Forex Trading Pal only works with some of the most respected dealing firms in the market. This allows traders to work with the best brokers available while keeping their transaction costs low.</p>
<div id="attachment_281" class="wp-caption alignright" style="width: 207px"><img src="http://www.michaelmobley.com/wp-content/uploads/2009/12/gI_0_forextradinglogo.jpg" alt="Forex Trading Pal logo" title="gI_0_forextradinglogo" width="197" height="28" class="size-full wp-image-281" /><p class="wp-caption-text">Forex Trading Pal logo</p></div>
<p>Traders can participate in Forex Trading Pal&#8217;s <a href="http://www.forextradingpal.com/forex-rebates/">rebate program</a> free of charge by indicating that Forex Trading Pal referred them when signing up for a live account at a dealing firm. Traders will then receive a rebate on every trade they make. For example, if a certain trade involves a spread (this is in fact the commission paid by the trader) of 2 pip, or 20 Dollar, Forex Trading Pal will pay back up to 0.5 pip, or 5 Dollar, on every trade. These rebates can add up to thousands of Dollars annually and are thus an excellent way for a trader to lower his/her net transaction costs (in this case by 25%).</p>
<p>The foreign exchange (Forex) market is a huge market nowadays and an increasing number of traders from around the world is active in it. While a huge number of institutional traders are into Forex trading, the market also has an important retail segment. Especially this retail segment contains a lot of inexperienced traders who enter the market not well-informed because they don&#8217;t use <a href="http://www.forextradingpal.com/">introducing brokers</a>.</p>
<p>Major pitfalls for inexperienced traders are for example: not having a clear trading strategy, the inability to oversee the relatively high risks involved with Forex trading and a lack of understanding with regard to transactions costs. The main problem is that inexperienced traders will not always learn to overcome these pitfalls when they go directly to a Forex broker (dealing firm) and start trading. The reason for this is that it is not always in the broker&#8217;s best interest to educate its clients. For example, some brokers trade against their clients (by holding the opposite position of the client&#8217;s trade) and benefit from bad performing traders.</p>
<p>Because of the complex nature of the Forex market, any trader new to the market should turn to an <a href="http://www.forextradingpal.com/">introducing broker</a> like Forex Trading Pal for advice. Introducing brokers are companies that research the market, have strong relationships with certain dealing firms and offer free services (like Forex Trading Pal&#8217;s rebate program) to traders. Introducing brokers are in the best position to match a trader with a certain broker because introducing brokers have insight in both the traders&#8217; needs and the brokers&#8217; offers. Furthermore, the services of an introducing broker are completely free of charge. This means that a trader benefits from free advice and additional services.</p>
<p>An introducing broker like Forex Trading Pal gets compensated by the brokers to which it refers clients. One could argue that this makes the introducing broker less independent but in fact it is in the introducing broker&#8217;s best interest to work only with high quality brokers in order to keep its clients satisfied. Furthermore, the fact that the introducing broker gets compensated by the dealing firms is the very reason that it can offer its services (like for example a rebate program) for free.</p>
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		<title>Forex Mastery Helps Currency Traders Earn More on Forex</title>
		<link>http://www.michaelmobley.com/2009/11/21/forex-mastery-helps-currency-traders-earn-more-on-forex/</link>
		<comments>http://www.michaelmobley.com/2009/11/21/forex-mastery-helps-currency-traders-earn-more-on-forex/#comments</comments>
		<pubDate>Sat, 21 Nov 2009 08:33:42 +0000</pubDate>
		<dc:creator>Michael Mobley</dc:creator>
				<category><![CDATA[Forex Trading]]></category>
		<category><![CDATA[currency traders]]></category>
		<category><![CDATA[forex]]></category>
		<category><![CDATA[forex mastery]]></category>

		<guid isPermaLink="false">http://www.michaelmobley.com/?p=278</guid>
		<description><![CDATA[The Forex Mastery system helps traders of all styles place higher probability trades and earn more on Forex Syracuse, NY (PRWEB) November 21, 2009 &#8212; http://www.truthaboutforex.com/forex-mastery.html &#8211; Forex Mastery is a new trading system which promises to help traders of all levels and styles place higher probability trades and earn more on Forex. The system [...]]]></description>
			<content:encoded><![CDATA[<p> The Forex Mastery system helps traders of all styles place higher probability trades and earn more on Forex</p>
<p>Syracuse, NY (<a href="http://www.prweb.com/">PRWEB</a>) November 21, 2009 &#8212; <a href="http://www.truthaboutforex.com/forex-mastery.html">http://www.truthaboutforex.com/forex-mastery.html</a> &#8211; Forex Mastery is a new trading system which promises to help traders of all levels and styles place higher probability trades and earn more on Forex.</p>
<p>The system is now on sale for the following few days only or until the initial copies have run out.</p>
<p>According to John J. Drummond, Forex trading writer and blogger, Forex Mastery is a system which many traders will be able to use to improve their trading. &#8220;The system is versatile as it can be applies to any currency pair and used in any trading style: scalping, day trading, and swing trading. This makes it a system for all traders. In addition, the video training modules are very easy to follow and apply, and the software tools make the entire program simple to use. This makes Forex Mastery an excellent program for novices and experts alike.&#8221;</p>
<p>Traders can read a full review of the system here: <a href="http://www.truthaboutforex.com/forex-mastery-review.html">http://www.truthaboutforex.com/forex-mastery-review.html</a></p>
<p>What&#8217;s included in the system:</p>
<p>1. The 5 part video training course which goes through the entire system and how it should be used. A special emphasis is placed on Bias and Key numbers which are proprietary support and resistance numbers which are continually updated and calculated by the system for each currency pair. It is these numbers which help traders place high probability trades with less risk. No other system uses these numbers.</p>
<p>2. The M3 Forex Navigator software &#8211; This is a special trading software which turns the concept of Bias and Key numbers into a visual and easy to use application. Traders can see the numbers on their screen in any time frame they choose. They can also view several time frames at the same time and so make even better and more accurate trading decisions. The software turns the entire trading process into a faster and easier one.</p>
<p>3. The Marker Scanner software is a small but handy application which follows how the market is behaving and can alert traders to upcoming potential trades before they come. This helps traders prepare for their trades without having to spend hours going over charts.</p>
<p>4. Dedicated support by the Forex Mastery team to help all traders make the most of the system. This kind of expert support also ensures that novice traders can use the system successfully.</p>
<p>Traders are welcome to hear testimonials of past users here: <a href="http://www.truthaboutforex.com/forex-mastery.html">http://www.truthaboutforex.com/forex-mastery.html</a></p>
<p>Drummond explained why the system is so powerful: &#8220;ForexMastery is easy to understand and to use. It offers a true revolution in how simple Forex trading can become. Traders can no longer be expected to spend hours in front of charts. This helps to fit Forex into the modern lifestyle.&#8221;</p>
<p>Copies of the system are likely to run out in a matter of days if not hours. It is likely not to be available again for months if not longer.</p>
<p>To read more about this system, including pros and cons, traders can visit this review: <a href="http://www.truthaboutforex.com/forex-mastery-review.html">http://www.truthaboutforex.com/forex-mastery-review.html</a> </p>
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		<title>ZuluTrade.com Revolutionizes Autotrading of Foreign Currencies Online</title>
		<link>http://www.michaelmobley.com/2009/11/04/zulutrade-com-revolutionizes-autotrading-of-foreign-currencies-online/</link>
		<comments>http://www.michaelmobley.com/2009/11/04/zulutrade-com-revolutionizes-autotrading-of-foreign-currencies-online/#comments</comments>
		<pubDate>Wed, 04 Nov 2009 07:36:39 +0000</pubDate>
		<dc:creator>Michael Mobley</dc:creator>
				<category><![CDATA[Forex Trading]]></category>
		<category><![CDATA[foreign currencies online]]></category>
		<category><![CDATA[forex autotrading]]></category>
		<category><![CDATA[ZULUTrade]]></category>

		<guid isPermaLink="false">http://www.michaelmobley.com/?p=276</guid>
		<description><![CDATA[Worlds first and only provider of autotrading services focused exclusively on foreign currency trading leverages patent-pending technology to automatically replicate trades of expert online FX traders NEW YORK&#8211;(BUSINESS WIRE)&#8211;ZuluTrade.com is the worlds first FOREX autotrading social community, enabling third party algorithmic trading masterminds to be auto-traded through account holders in many brokerage firms worldwide. With [...]]]></description>
			<content:encoded><![CDATA[<p>Worlds first and only provider of autotrading services focused exclusively on foreign currency trading leverages patent-pending technology to automatically replicate trades of expert online FX traders</p>
<p>NEW YORK&#8211;(<a href="http://www.businesswire.com/">BUSINESS WIRE</a>)&#8211;ZuluTrade.com is the worlds first FOREX autotrading social community, enabling third party algorithmic trading masterminds to be auto-traded through account holders in many brokerage firms worldwide. With close to 5,000 active accounts today, ZuluTrade has over $150 billion USD in transactions so far. The company achieved 500% annual growth since 2008 and is currently sustaining 20% average monthly growth rate.</p>
<p>ZuluTrade tracks trades and success rates of expert currency traders through patent-pending technology, and allows autotraders to select and follow experts, then directs all those trades in the autotraders broker account no matter which brokerage firm they hold an account with. ZuluTrade provides this online service to autotraders for free.</p>
<p>We created ZuluTrade because we recognized a need in the market for a web platform that would evaluate system traders, and bridge them with account holders that love commodities trading but just dont have the time to study or monitor the markets, and who want to have full control of their account and funds, explained Leon Yohai, Founder of ZuluTrade. With ZuluTrade, you don&#8217;t have to study or monitor the market to make a good pick, because thousands of FX trading experts are doing it for you. All you have to do is pick the experts you like, and ZuluTrade will automatically convert their advice into trades directly in your broker account.</p>
<p>How ZuluTrade Works</p>
<p>ZuluTrade audits and tracks all traders globally in real time, shares their knowledge and trade track record with people interested in their strategies, and gives autotraders the ability to select the expert traders, or signal providers, whose trades they want ZuluTrade to auto-execute.</p>
<p>ZuluTrade gives trading clients the most comprehensive data possible to help them evaluate and select the signal providers they want to follow. Its Zulurank software utilizes a proprietary algorithm that ranks a trader by analyzing different factors, such as the amount of trading activity, the drawdown of each trade and the whole PnL, the amount of time a trade stays open, how often the trader logs in, how long a signal provider has worked with ZuluTrade, his sharp ratio, and many other factors.</p>
<p>Signal providers receive payment from ZuluTrade every time an autotrader uses their knowledge by replicating their trades. With over 4,500 portfolios to choose from, traders may follow and replicate the trades of as many signal providers as their equity permits.</p>
<p>Trading clients specify which signal providers they want to emulate, and can add or drop signals at any time. They can specify which currencies they want to trade, set limits, thresholds and stop losses for algorithmic trades. Traders can edit any position instantly, execute their own manual trades, or shut down trading for minutes, days or any length of time. Some traders even identify traders who consistently perform dismally and instruct ZuluTrade to do the opposite.</p>
<p>About the ZuluTrade Service</p>
<p>ZuluTrade offers an open environment where expert traders from all over the world, known as signal providers or system traders, can connect their trading station. ZuluTrade receives each trade they execute on their account, then shares the information with all of the ZuluTrade community.</p>
<p>ZuluTrade currently provides the service to 20 brokerage firms such as FOREX.com, FXCM, SAXOBANK, ALPARI, FXDD, CMS, AVAFX, TDFX, Prime4X, with a pending list of around 70 brokers worldwide to be connected soon. ZuluTrade earns a commission on trade transactions from all brokerage firms connected on zulutrade.com.</p>
<p>There is no minimum investment requirement to link your account with zulutrade.com Investment funds are held in the traders own broker account, so no wire transfers to other 3rd parties are necessary. Traders may withdraw funds at any time.</p>
<p>About ZuluTrade</p>
<p>Founded in 2006, ZuluTrade is headquartered in Athens Greece, with branch offices in New York, Hong Kong, and Shanghai and a team of 60 people. ZuluTrade has 5,000 trading clients in its online network and a trade volume close to $150 billion USD. For more information visit www.zulutrade.com</p>
<p>Contacts</p>
<p>Belinda Banks<br />
SSPR<br />
609-750-9110<br />
<a href="mailto:belinda@sspr.com">belinda@sspr.com</a> </p>
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		<title>Forex Capital Markets Scales for the Future with Switch and Data in North Bergen</title>
		<link>http://www.michaelmobley.com/2009/10/22/forex-capital-markets-scales-for-the-future-with-switch-and-data-in-north-bergen/</link>
		<comments>http://www.michaelmobley.com/2009/10/22/forex-capital-markets-scales-for-the-future-with-switch-and-data-in-north-bergen/#comments</comments>
		<pubDate>Thu, 22 Oct 2009 12:17:47 +0000</pubDate>
		<dc:creator>Michael Mobley</dc:creator>
				<category><![CDATA[Forex Trading]]></category>
		<category><![CDATA[foreign exchange trading]]></category>
		<category><![CDATA[forex capital markets]]></category>
		<category><![CDATA[forex markets]]></category>

		<guid isPermaLink="false">http://www.michaelmobley.com/?p=273</guid>
		<description><![CDATA[TAMPA, Fla.&#8211;(BUSINESS WIRE)&#8211;Switch and Data (NASDAQ: SDXC), a leading provider of network-neutral data center and Internet exchange services, announced today that Forex Capital Markets (FXCM Holdings LLC) a leading global foreign exchange broker that caters to the retail and institutional markets in over 150 countries, will place its primary infrastructure in Switch and Datas North [...]]]></description>
			<content:encoded><![CDATA[<p>TAMPA, Fla.&#8211;(<a href="http://www.businesswire.com/">BUSINESS WIRE</a>)&#8211;Switch and Data (NASDAQ: SDXC), a leading provider of network-neutral data center and Internet exchange services, announced today that Forex Capital Markets (FXCM Holdings LLC) a leading global foreign exchange broker that caters to the retail and institutional markets in over 150 countries, will place its primary infrastructure in Switch and Datas North Bergen data center. FXCM needed a venue that would help its customers trade with faster execution speed. Switch and Data can provide the space and power density to scale its infrastructure to accommodate its rapid growth and premier order routing technology giving customers faster fills with minimal slippage. Switch and Datas North Bergen, NJ site offered FXCM a home just 5 miles from Wall Street, with a choice of multiple low-latency network providers, and with high density power and cooling capacity.</p>
<p>Foreign exchange trading is the largest financial market in the world. According to industry sources, it has an average daily turnover of US$3.2 trillion. As of June 2009, FXCM handles an average of over $365 billion in notional volume traded each month on trading platforms offered by FXCM and routinely handles approximately 300,000 trades per day. FXCM had over 150,000 active accounts on its trading platforms, and more than $100 million in capital.</p>
<p>Considering the uptick in trade volume in the currency markets, we needed a data center provider that met our near- and long-term needs. We chose Switch and Datas North Bergen site because of its close proximity to Wall Street and its robust and power-dense design. These enable us to fully leverage our current and future technologies as well as our market structure, said Brandon Palmer CIO, FXCM Holdings LLC. In addition, because of the mission-critical nature of the FX trading environment, we wanted to ensure our customers nothing less than world-class service and the North Bergen site is built to support that.</p>
<p>We are pleased that Forex Capital Markets chose Switch and Data to help it expand and support its increasing trade volume, said John Panzica, Vice President Financial Services Practice for Switch and Data. As a valued destination for the financial community and a main tenant in our Financial EcoCenter located in North Bergen, Switch and Data now provides the financial services industry access to market data companies, carriers and trading firms for the best trade execution.</p>
<p>Switch and Data&#8217;s North Bergen site offers the financial community space and power to scale their operations to keep pace with this drastic increase in transaction volumes. The secure 163,000sf data center provides 24/7 on-site and remote security surveillance, and multi-factor security authentication. The site is built to Switch and Data&#8217;s latest high-performance standard and can support the latest high density power and cooling deployments with an N+1 design for all power and environmental systems. The site provides 24/7 on-site remote technical service and support, and live remote monitoring of all building and infrastructure alarm systems.</p>
<p>About FXCM Holdings LLC</p>
<p>Forex Capital Markets is a leading global forex broker that caters to both retail and institutional markets. Founded in 1999, FXCM is one of the largest brokers, regulated by several of the worlds most respected financial authorities. With over 150,000 live accounts trading through platforms offered by FXCM account options are available for all trading experience levels.</p>
<p>Trading FX, CFDs and Spread Betting on margin carries a high level of risk, and may not be suitable for all investors.</p>
<p>About Switch and Data</p>
<p>Switch and Data is a premier provider of network-neutral data centers that house, power and interconnect the Internet. Leading content companies, enterprises and communications service providers rely on Switch and Data to connect to customers and exchange Internet traffic. Switch and Data has built a reputation for world-class service, delivered across the broadest colocation footprint and richest network of interconnections in North America. Switch and Data operates 34 sites in the U.S. and Canada, provides one of the highest customer satisfaction scores for technical and engineering support in the industry, and is home to PAIX  the world&#8217;s first commercial Internet exchange.</p>
<p>Important information about Switch and Data is routinely posted to the investor relations section of the company&#8217;s website <a href="http://cts.businesswire.com/ct/CT?id=smartlink&#038;url=http%3A%2F%2Fwww.switchanddata.com&#038;esheet=6077005&#038;lan=en_US&#038;anchor=www.switchanddata.com&#038;index=1&#038;md5=775b06fb37e296939ae0921fb9427ff5">www.switchanddata.com</a>. For copies of all Switch and Data press releases and SEC filings, please visit the website. To automatically receive Switch and Data financial news by email, please visit the website and subscribe to Email Alerts. Investors are encouraged to check Switch and Data&#8217;s website frequently to access the most up-to-date information.<br />
Contacts</p>
<p>STC Associates<br />
Jennifer Handshew, 212-725-1900 ext. 228<br />
<a href="mailto:jhandshew@stcassociates.com">jhandshew@stcassociates.com</a><br />
OR<br />
Switch and Data<br />
Chris Reid, 813-207-7722<br />
<a href="mailto:creid@switchanddata.com">creid@switchanddata.com</a><br />
OR<br />
FXCM Holdings LLC<br />
Jaclyn Sales, 646-432-2463<br />
<a href="mailto:jsales@fxcm.com">jsales@fxcm.com</a></p>
<p>Permalink: http://www.businesswire.com/news/home/20091020005480/en</p>
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