New Products And Services March 2007

• FXCM has introduced a new currency hedging product enabling its traderclients to hedge a current position by placing opposing orders — that is, taking long and short positions in the same currency pair at the same time. The product is available to any FXCM client who elects No Dealing Desk execution. The new hedging system allows traders to create opposing orders of the same amount, buying and selling the same number of lots of the same currency pair simultaneously. For more information, visit www.fxcm.com.
  
  
• TradingEducation.com has launched a new Web site, www.TraderChat.com, designed to provide futures, forex, and equities traders with an open forum for sharing ideas and strategies. Discussions range from strategies, technical analysis tools, and software to trading techniques and current events. Reviews and tutorials are also available on TraderChat.com. Membership is free.
  
  
• Ensign Software now provides free real-time forex quotes and charts with all Ensign Windows charting software subscriptions. In addition, Ensign Windows is now compatible with FXCM and CyberTrader data sources. The complete list of supported data sources includes eSignal, DTN IQfeed, Interactive Brokers, FXCM, CyberTrader, and QFeed. Download a free trial use of Ensign Windows at www.ensignsoftware.com.
  
  
• Tradency BVI has partnered with FXDD to create FXDDAuto, an automated currency trading platform. This allows forex traders using the FXDDAuto platform to streamline their efforts, adjust strategies, and, under proprietary arrangements, use the platform to develop, test, and offer their own systems. FXDDAuto’s service offers a subscription-free approach to trade or signal selection, an innovation that enables traders to design and test portfolios using real time, historical data. Traders can combine systems and signals into custom portfolios in real time. FXDDAuto allows traders to select strategies and trade them automatically via remote servers. The platform records every trade and offers traders a detailed audit trail of their activities. For more information, visit www.fx-auto.com.
  
  
• FXYARD, the Nicosia, Cyprus-based online forex trading company, has partnered with ActForex to provide international forex investors an online trading platform. The company will now provide its customers ActForex’s technology and execution with FXYARD’s customer support. By providing dealing desk access to all customers, the demands made by other brokers for large deposits or volume limitations are eliminated. For additional information visit www.forexyard.com.

• Graphical Pattern Scanner (GPS) software from forex broker Interbank FX (IBFX) is now being offered for free to help currency traders predict potential market trends. The main feature of IBFX-GPS is its ability to identify the various chart patterns regularly seen in forex trading. The most common patterns, and those available through IBFX-GPS, are triangles, channels, wedges, and head-and-shoulders patterns. IBFX-GPS identifies which pattern the market is trending towards, enabling traders to make a more educated decision. IBFX-GPS is available as a free download at www.interbankfx.com. In order to use the IBFX-GPS tool, traders must have either a live account (full functionality) or a demo account (limited functionality).