Forex Trading Dubai
Giving traders an unfair drop.
OANDA Introduces More Gold and Silver Cross Pairs
DUBAI, UAE, October 12, 2011 /PRNewswire via COMTEX/ -- Leading foreign exchange dealer responds to client demand in Asia-Pacific and Europe with 17 new precious metals pairs that cross gold and silver with major and minor currencies.
OANDA Corporation, provider of innovative online foreign exchange trading, has added 17 more precious metal cross pairs to its forex trading platform, OANDA fxTrade.
Among the new pairs is a gold/silver cross, XAU/XAG, to allow traders to benefit from the differential movement of the two precious metals. The new silver pairs are XAG/AUD, XAG/CAD, XAG/CHF, XAG/EUR, XAG/GBP, XAG/HKD, XAG/NZD, and XAG/SGD; and the new gold pairs are XAU/AUD, XAU/CAD, XAU/CHF, XAU/EUR, XAU/GBP, XAU/HKD, XAU/NZD and XAU/SGD.
"The debt crisis in Europe and global recession fears are creating high demand for gold and silver products from investors looking to hedge exposures and diversify their portfolios," said Michael Stumm, CEO of OANDA Corporation. "We've introduced new gold/silver cross pairs because OANDA clients outside the U.S. have been asking for more metals pairs. Our clients appreciate that trading spot gold and silver with OANDA is less costly and more flexible than buying ETFs, stocks, or physical metals. We expect the uptake on these new pairs to be substantial-especially with our clients across Asia Pacific and Europe."
Region Emerging As A Forex Trading Hub: Dubai Gold And Commodities ...
Bailiwick Emerging As A Forex Trading Hub: Dubai Gold And Commodities Transfer
17/11/09
Currency futures trading offers an another asset genre for portfolio diversification in the Halfway East Worldwide FX sell has grown to reach an estimated regularly volume of US$2.5 trillionOn-unpleasantness currency trading in the Stomach East set inexperienced records in 2009, with the province emerging as an high-level trading hub, said Kevin Day, of Dubai Gold & Commodities Swop (DGCX). Kevin Day, Aim of Relationship Executives at DGCX, was addressing bankers, currency traders and forex sell participants at the 5th Mid-section East Forex Expo in Dubai today.
Speaking on the far-reaching currency marketplace, Day said, “The FX superstore has grown significantly in brand-new years to reach an estimated always total business of US$2.5 trillion, backed by greater order and the increasing rage of deploying praisefully refined algorithmic trading tools.”
The flourishing of the bailiwick’s currency markets is underlined by an 88% evolution in DGCX currency futures transactions, comprising Euro/Dollar, Excellent/Dollar, Japanese Yen/Dollar and Indian Rupee/Dollar futures, Day added.
Elaborating on the growing r of currencies in the pale, he said, “Currency trading is emerging as an asset stock in its own just in the Halfway point East. This, coupled with today’s proviso to make it counterparty depend on gamble offers a never-ending cultivation opening for DGCX, its members and the Midway East FX trading community as a whole.”
Speaking on the advantages of trading currency futures, Day said the Dubai Commodity Clearing Corporation (DCCC), the clearing business of DGCX, provides a encampment make sure support and has adept zero defaults since inception. In resemblance, transactions in the neighbourhood retail are transacted bilaterally, often incurring higher credence neglect imperil. Furthermore, while buy makers and liquidity providers propose most successfully amount development on DGCX, participants in the blemish trade in often take prices from only one creator, which could trim down profitability.
...forex trading in uae - News
WORLD FOREX: Dollar Down Slightly Vs Euro After Dubai Bailout
Telegraph.co.ukLight trading flows contributed to the gyrations in the dollar against the yen, with traders noting increasingly lambaste trading on Monday mornings as the FOREX-Dollar index slips on Dubai bailoutAbu Dhabi Sending Pecuniary Aid for Dubai World by GoLearn ForexDubai Receives a Lifeline, Forex Pairs occupation steady - -all 3,205 news articles »
|
WORLD FOREX: Global Credit Concerns Support Yen Vs Dollar
ReutersDubai stocks tumbled further Wednesday after the encumbered on a raft of government-related Dubai companies was downgraded Tuesday, reminding investors yet again FOREX-Dollar rises after stronger US retail salesWORLD FOREX: Dollar Remains Mostly Reduce In Choppy TradingWORLD FOREX: Dollar Rises As Credit Fears Hurt Claim For Risk -all 157 news articles »
|
|
FOREX-Yen adds to losses after BOJ, dollar steadies Receding fears over Dubai's accountability problems and the prospect of US interest rates staying low for some time weighed on the dollar, but talk of Asian medial WORLD FOREX: Dollar Up Vs Yen As Mkt Looks To Japan GovtFOREX-Yen extends losses after fall forget, ECB awaitedCould Someone Get the Yen to Please Stop Rising? - -all 2,392 news articles » |
|
FOREX-Euro drops amid Fitch cut of Greece rating Worries about Dubai deepened as rating intermediation Moody's downgraded six Dubai-linked issuers after concluding that no "pointed" government support would be Greece and Dubai fears weigh on marketsEuro slides on Greek husbandry concernsChoppy action leaves dollar lower -all 941 talk articles » |
The current bull market in gold is far from over. In fact it is only beginning.
He brings over 29 years affair in futures, equities, forex and bullion. And, although he began trading silver through the LME in 1980, when it comes to and more »
|
