- Chicago-based Rosenthal Collins Group LLC (RCG), an independent futures clearing firm, announced a partnership with Denmark’s Saxo Bank to expand RCG’s product base and offer the European bank’s award winning foreign exchange trading and information technology to online investors. The RCG Trader electronic information and trading platform will introduce a suite of more than 120 currency pairs tradable in spot, forwards and options, along with gold and silver, customized to three online investor segments. A free 20 day demonstration is available. For more information visit www.rcgtrader.com.
- EFX Group/Arizona, a real-time, direct-access brokerage firm for foreign currency traders, announced a partnership with Tradesight, an international online stock analysis and market education Web site. The package includes commission-free trades, higher leverage (up to 400:1 intraday margin), lower pip spreads, lower deposits (as low as $1,000), access to the dealing desk 24 hours a day, real-time updates, and daily currency reports and commentary. In addition, clients will have access to Tradesight Messenger through which they can receive real-time advice and trade calls around the clock. For more information visit www.tradefx.com.
- Track Data Corporation announced foreign currencies trading is now available through its existing retail and institutional trading platforms with no commissions. The foreign currency accounts and clearing will be handled by FXDirectDealer, a division of Tradition Company, a New York-based firm. Forex trading has been fully integrated into Track Data Securities existing trading platforms. For more information visit www.tracktrade.com, www.protrack.com or www.mytrack.com.
- CMC Group announced a partnership with Fxtrek through which CMC Group customers are being offered Fxtrek’s IntelliChart package free for the first month, and thereafter at a 50-percent discount rate. This package boasts a user-friendly interface with highly advanced functionality, including the ability for clients to draft their own alerts and send them to specified e-mail addresses or cell phones. The charts include more than 40 indicators, more than 75 time scales/periods, and advanced drawing studies, including Fibonacci, Gann, cycles, pivot points and Andrew’s Pitchfork. Visit www.cmcforex.com.
- FX Trading Station has added trailing stops to its menu of services. Users of both live and demo accounts can set stop-loss orders that automatically move up or down when the market moves a given number of points, helping traders to lock-in profits without prematurely closing positions. The Trailing Stop feature can be accessed by clicking the "Advanced" button on the "Stop-Loss" screen. Users can enter the desired number of pips the stoploss order should trail behind the current market rate. The stop-loss order will move up in increments of the pip value that is placed in the "Rate Min.Move" field. For more information visit www.refcofx.com/trailing_stop.html.
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