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.

“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 Data’s 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.”

“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.”

Switch and Data’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’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.

About FXCM Holdings LLC

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 world’s 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.

Trading FX, CFDs and Spread Betting on margin carries a high level of risk, and may not be suitable for all investors.

About Switch and Data

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’s first commercial Internet exchange.

Important information about Switch and Data is routinely posted to the investor relations section of the company’s website www.switchanddata.com. 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’s website frequently to access the most up-to-date information.
Contacts

STC Associates
Jennifer Handshew, 212-725-1900 ext. 228
jhandshew@stcassociates.com
OR
Switch and Data
Chris Reid, 813-207-7722
creid@switchanddata.com
OR
FXCM Holdings LLC
Jaclyn Sales, 646-432-2463
jsales@fxcm.com

Permalink: http://www.businesswire.com/news/home/20091020005480/en

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/8cc58e/trading_and_invest) has announced the addition of John Wiley and Sons Ltd’s new report “Trading and Investing in the Forex Markets Using Chart Techniques” to their offering.

This book will show you how to find trade and investment opportunities in the financial markets.

The very nature of trading and investing makes it a difficult business. The uncontrollable human emotions that rotate around greed, fear, and hope, are the elements of the human reaction in the markets that form the same repetitive scenarios time and time again.

This book demonstrates how a few relatively straight forward techniques can create a technical plan that will eliminate the emotional element. It will show you how to find opportunities in the market that are ever present and help to prevent trade and investments becoming subject to irrational thinking brought about by heightened emotions during moments of volatile market conditions.

Finding opportunities within the financial markets is about interpreting the price action. This book demonstrates that by observing certain chart techniques, markets that are changing from bullish to bearish and bearish to bullish can be interpreted in light of the change in market sentiment and produce early warning signals. Entry and exit points can then be located and positions that are already in the markets can be monitored for signs of change or weakness. This book will equip you with the skills to create a plan that can be forged and implemented to make the entire process of trading and investing easier.

By reading this book you will be introduced to some of the familiar chart techniques in such a way that it will not take long to understand how best to apply these techniques to your own charts and study them for potential market opportunities. This book does not dwell on the already known signals and techniques but instead concentrates on demonstrating their use and how to confirm the signals with a variety of techniques that have stood the test of time, pulling them together to create a technical picture that visually displays a change in market sentiment and a plan for trading and investing the markets.

These techniques are covered in a step-by-step process through the chapters of the book that include exercises to test your knowledge as the book proceeds. By learning to read charts you too can find great trade and investment opportunities.

Key Topics Covered:

Preface

1 Candlesticks = Signals

2 Chart Patterns = Opportunity

3 Buying and Selling = Support and Resistance Levels

4 Applying Confirmation = Confidence Building

5 Entry and Exit = Right or Wrong?

6 Putting It All Together = Practice and Patience

For more information visit http://www.researchandmarkets.com/research/8cc58e/trading_and_invest.

Contacts
Research and Markets
Laura Wood
Senior Manager
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716

Permalink: http://www.businesswire.com/news/home/20090730005656/en