Monday, March 9, 2009

Investor options

The investor or currency speculator has a variety of options for Forex dealing. These are:
Spot trading: where a currency is actually bought and cash settlement, on a margin basis, usually follows within 2 days. The spot market makes up 32 per cent of the Forex market
Forward: where an agreement is made to buy a currency at a future date
Swaps: where an agreement is made to swap an interest rate payment across one currency and switch back to the original currency at a future and defined date. This type of activity makes up 54 per cent of Forex trading
Options where an option confers on the holder the right to buy a currency at a future date, at a pre agreed price

Contracts for Difference where derivatives are settled on the basis of a currency's movement
Spread betting: a legally enforceable wager on the future price of a currency.


[Sigma Contract Specification]

Sigma Forex provide the clients with the lowest spreads in Forex Market for the most traded pairs and Forex spots.

Trading Hours
Sigma Dealing Room operate 24/5 from Sunday 23:00 CET until Friday 23.00 CET.
You Can contact us directly: + 41 435 004 145

Margin Requirements
The margin requirements must be respected by Friday at 23:00 GMT and before holidays.
One of our dealers will contact you if you are below your margin requirements at that time. Your margin requirements will depend on the client's account equity. However, if you approach the level where the loss of your open positions approaches the balance of your account, you will be stopped out and your positions will be closed. Stop positions will be executed when there is only around 50% equity of the required margin left in your account.

Streamline Dealing
Clients will not suffer Price Re-Quote that you can buy and sell directly on real-time prices without a request for quote (RFQ).
Clients taking advantage of wrong price quotes in the Market Watch will be requoted.
Sigma Forex effort is taken to ensure correct pricing at all times. However, there are rare circumstances when wrong prices are given.

Stop Order Execution
Volatile market conditions can result in prices gapping, which may prevent the execution of stop orders (sell stop, buy stop, stop loss) at the price you initially requested. However, our dealers strive to execute all stop orders at the price, or failing that, at the best attainable rate the market allows.

Lot Types
Sigma Forex has generated an ultimate account type that allow you to trade Standard, Mini and Micro lot in the same account which is Sigma Account to make it more simple and easy for traders.

Multi Currency Denomination

Sigma offers the ability to set-up accounts denominated in the following currencies:

• United States dollar (USD)
• Euro (EUR)
• Great Britain pound (GBP)
• Australian dollar (AUD)
• Swiss Frank (CHF)

There is no minimum deposit for opening an account, in order to review the spreads, pip value & margin requirement choose the required pair, leverage & the lot type.

If you have any problem regarding Sigma Contract Specification click on the Live Chat button on the right hand side and our customer support staff will help you through the process.

Unique characteristics of the Forex market

The Forex market has certain unique characteristics that the investor should be aware of:

• it is huge -typically experiencing trading volume in excess of $1 trillion ever day;
• it offers high liquidity to investors. Because of its size, liquidity in very strong, so in most cases speculators will have little difficult in buying or selling a currency;
• the market is open 24 hours a day Monday to Friday. For example, a speculator based in the UK can trade via markets in the Far East during the early hours of the morning, and via the North American markets in the evening;
• it is highly volatile;
• sophisticated tools are available to help you trade;
• a variety of investment options are available;
• investments are typically ‘margin’ type deals, meaning that the potential for losses and profits is multiplied several fold.

[SigmaForex Partnership Services]


Overall View:


Sigma helps a various groups of partners around the world to enlarge their business and expand the full
potential of the Forex market.
Sigma’s services include:

Introducing Brokers: Join our IB network and receive compensation for directing new clients to Sigma.
Money Managers: Full service trading capabilities, plus dedicated account management, client fund
administration and reporting.
White Labels: White Label Program helps fitted firms set up an online presence in the Forex industry
quickly and cost effectively.

A dedicated Partner Services team supports Sigma partners with a full range of account management services.
- Daily P&L, credits, commission allocation, etc.
- Account funding, transfers, allocations, etc.
- Customer on-boarding.


Introducing Broker.

Money Manager.

White Label.

Trading in Forex Guide

The Forex market is a massive market involving over $1trilion dollars traded every day, offering outstanding opportunities for the intrepid private investor.
By timing investments correctly, and by using the leveraged nature of Forex investments to one’s advantage, the private investor can enjoy substantial gains on the back of a relatively modest cash outlay. While Forex is huge, easily dwarfing other global markets such as equities and commodities, private investors make up a tiny proportion of this market.
This is because central bankers, commercial and investment banks, and hedge funds such as the Quantum fund, which is managed by George Soros, all speculate with billions of dollars on a regular basis.

The private investor, therefore, faces formidable competition and just as there are opportunities for substantial profits, losses can be equally dramatic.
Since all currencies are priced relative to each other, an increase in the value of one currency means that, by definition, another currency must have fallen in value. This makes the Forex market inherently more risky than other markets, which are expected to produce long term growth in value.The Forex market is also relatively new, only emerging after the collapse of the Bretton Woods system of fixed exchange rates in 1971.
According to the trade association, International Financial Services London, average daily global turnover in traditional foreign exchange market transactions totalled $2.7 trillion in April 2006. This ranks the Forex market at several times the size of the combined daily turnover of the world's equity markets.


[Sigma Forex Practice Accounts]

Learn And Develop your trading skills with Sigma platform!

A Free practice account is a great way to experience the Forex market without risking any money.

For Novice Traders
For those who did not trade in the forex market before can get accustomed to following a market, and open themselves to a whole new way to invest, and it also gives them the chance to understand how the trading platform works.

For Regular Traders
For those who are familliar with trading in forex market, a practice account can help them to get use to the particular characteristics of the Forex market or our trading platform.

For Experienced and Professional Traders
A practice account can even help experienced and professional traders as they can test and practice their trading strategies without risking capital.
Generally the Demo Account has the same capabilities of the real account, the only difference between them is that the real account is with real money and the practice account is with virtual money.

Open Now A Free $ 500'000 Account With Sigma Forex and discover a whole new way to invest.
Sigma Account allow you to open Micro, Mini and Standard lot through only one account and trade in Forex Market
In order to register for a practice account, please Download Sigma Forex Platform and open new account as illustrated below and you will have unlimited access to our Platform for the next 30-days.

If you have any problem regarding Sigma Practice Account you can see User Guides or click on the Live Chat button on the right menu and our customer support staff will help you through the process.

London Session Recap

The price action was relatively calm in London trading as markets continue to look forward to the ECB rate meeting and US nonfarm payrolls into the latter part of the week. European equities were flat pretty much across the board and the FX space was rather calm. EUR/USD managed to eke out a modest 10 pip rally and was sitting near 1.2870/80 just ahead of the NY session. This was despite another poor batch of economic data across the pond.
German retail sales declined -0.2% in December while the market was looking for an improvement to +0.5% from -0.1% the prior month. Meanwhile, eurozone producer prices fell -1.3% and this was also steeper than expected and took the annual run-rate to just 1.8% from 3.3% previously. Thus the ECB will remain hard-pressed to argue that inflation remains a problem near-term.

The yen crosses were likewise little changed as risk trades remained without direction. USD/JPY slipped a modest -18 pips towards 89.50/60 while EUR/JPY was just -15 points lower into the 115.20/30 zone. USD/CAD managed a 30 pip rally to 1.2450/60 as oil prices came off a touch towards $40.20/bbl. The $40 level for crude looks pivotal here and we briefly tried below it yesterday. We would expect a good break to the downside would see USD/CAD approach 1.2500/10 with relative ease.

Upcoming Economic Data Releases (NY Session) prev est
• 2/3 15:00 GMT US Pending Home Sales MoM DEC -4.00% 0.00%
• 2/3 22:00 GMT US ABC Consumer Confidence 1-Feb -54 - -
• 2/3 US Total Vehicle Sales JAN 10.3M 10.2M
• 2/3 US Domestic Vehicle Sales JAN 7.8M 7.7M


[Sigma Services]

As a professional online trading service Sigma strives to give an eminent beyond comparison of professional and individualized trading services, Sigma also provides several facilities for all kinds of traders.
Sigma helps private and institutional clients achieve their trading goals by offering an inclusive forex trading package, along with the state-of-art trading platform, real-time news and wireless access. We relegate to meeting and exceeding our customers' expectations with the utmost professionalism and integrity.

Sigma provides appropriate services satisfying the needs of all business partners’ specified requirements. A client's profit is our success and a client's loss is a significant call of action for us, we consider every client as a special case and a partner.
Sigma's Customer Support is our business core, as we provide 24/7 customer support. We keep in touch with all our clients to make sure that we are on the right pass.

Open Live Account
Open Demo Account

Downside Euro Protection

The Euro will struggle to make much headway without an improvement in sentiment surrounding the global economy, but there should be solid downside protection given US vulnerability

Risk appetite remained generally weaker on Monday while the European economic data did little to support confidence. Any comments from ECB officials will remain extremely important ahead of Thursdays council meeting. Following January’s meeting, Chairman Trichet suggested that rates would be left on hold in February with the council waiting for fresh staff projections which will be available in March.
Since then, there has been additional pressure for rates to be cut again and any comments over the next 48 hours could provide important hints over the likely policy stance this week. The Euro will continue to be unsettled by structural fears as markets debate the possibility of any Euro-zone economy abandoning the Euro. Fears over further credit-rating downgrades will also tend to be damaging for the currency.

Risk conditions improved to some extent during US trading with a degree of relief over the data and this allowed the Euro to recover back above the 1.28 level. The dollar remained slightly weaker on Tuesday, although the Euro was again unable to break above resistance in the 1.29 region as German retail sales fell


[Why Sigma]


  1. Lowest spreads in the forex market, No other broker offers such competitive spreads .
  2. Sigma is the only broker that allows you to customize your trading account as you wish.
  3. Maintaining the security of your money is a major objective at Sigma.
  4. Our devotion to our clients has made our firm a respected industry leader, that we have a strong commitment to maintain a long term relationship with our clients.
  5. Low margin requirement.
  6. Full Hedging capabilities.
  7. Sigma is a registered financial institution, and registered with the European registration authorities. The regulations set out into notice by these agencies are created to help ensure the safety of our clients’ deposits.
  8. We maintain enough liquid capital to meet the needs of the amount required to cover all client deposits, potential shift back and forth in the firm’s currency positions and outstanding expenses.
  9. We put forward our financial information to regulatory bodies on a weekly and monthly basis.
  10. In addition to all the above, Sigma holds all deposits with only highly reputable financial institutions. We are appreciate the trust of our clients place in us.

Wednesday, March 4, 2009

Chinalco Australia Won’t Discuss Assessment of Chinalco-Rio Transaction

Australia won’t discuss its investigation into Aluminum Corp. of China’s proposed a $19.5 billion investment in Rio Tinto Group, Treasury general manager of foreign investment Patrick Colmer said.
The Foreign Investment Review Board, part of the treasury department, is considering the proposal and must make a recommendation to Treasurer Wayne Swan, who can block the transaction on so-called national interest grounds.
“We will be consulting within government both nationally and at a state level, we will be considering the details of that application with the Foreign Investment Review Board,” Colmer told the Senate Economics Committee in Canberra today. “We do have, particularly with these proposals, a lot of potentially sensitive commercial information, we treat all proposals as commercial in confidence.”
Australia may hold an inquiry as soon as this week to scrutinize potential acquisitions by Chinese state-owned companies led by Aluminum Corp.’s investment in Rio. China Minmetals Corp. last week made a A$2.6 billion ($1.7 billion) takeover bid for OZ Minerals Ltd. and Hunan Valin Iron & Steel Group yesterday agreed to pay A$1.2 billion for a 16.5 percent stake in Fortescue Metals Group Ltd.

China, the world’s biggest consumer of raw materials, is stepping up purchases of mineral producers in Australia, taking advantage of a 36 percent plunge in commodity prices last year. Some 78 percent of Australians oppose investment in Australia by Chinese government-controlled businesses, according to a poll of 1,001 people by the Lowy Institute in September.
“Rio Tinto is a dual-listed company and is two entities, one which is registered in London and one which is registered in Australia,” Colmer said when asked how Australia could impose conditions on the transaction. “It also has significant assets and businesses in Australia and businesses and assets of a company can be subject to foreign investment review irrespective of where the actual company is registered.”

[SigmaForex Introducing Broker]

Expand your business and revenue potential while offering your referred clients the highest available level of service and support.
Sigma’s Introducing Broker Program allows individuals to receive remuneration for directing new clients to Sigma.

Refer new self-directed or managed account clients to Sigma and make easier the account opening and funding process. In return, Sigma provides all of the essential tools and resources you need to launch and manage a successful IB operation.
We are committed to delivering the highest levels of service and a quality product offering to help you grow your business.
Sigma provides an array of services and as an Introducing Broker, you and your clients will benefit from:

Sophisticated trading platform

Our trading platform feature quality execution capabilities as well as advanced and easy-to-use order entry and position management tools, all in a secure environment. A full suite of decision support tools, from charting to research, news and more, are also available to clients free of charge.
Furthermore, our software, service, and execution is second to none.
Account for all levels of experience

Your clients will be able to organize their trading account according to their needs and their experience level and risk appetite. Sigma is best suited and ideal for experienced traders and individual investors.
Unique Product, is the only firm to offer competitive spreads and zero commissions and zero swaps
Dedicated back-office support

Sigma supplies complete back office services.
Sigma’s Partner Services team is dedicated to providing Outstanding Compensation and full account management support to our IB clients. As part of our service, Sigma provides all IB partners online access to our proprietary reporting tool, allowing you to closely monitor referred account volume and revenue. Our customer support is 24 hours, customers may fund around the clock.

For more details contcat IB@SigmaForex.com

Chinese Companies

Hunan Valin Expands Stake in FMG: Chinese Companies Swarm Australian Miners

While Chinalco’s massive deal with Rio Tinto is still being examined by authorities, Hunan Valin Steel Co. (Valin) has bought a 16.4% stake in Fortescue Metals Group (FMG), Australia’s third largest iron ore producer, and has become its second largest shareholder, gaining a seat in the FMG’s board. But Chinese companies’ acquisition boom in Australia worries some in China’s steel industry that the Australian government may be more sensitive to Chinese capital and that the chaotic splurging in Australian miners may lead to ore surpluses in future.
Valin signed its agreement with FMG yesterday. This together with the equity transfer agreement earlier between Valin and its shareholder Harbinger Capital, an American hedge fund, will bring Valin’s FMG investment to AUD 1.2 billion, as long as the deal is approved by the Australian government.

Two weeks ago, two Chinese state-owned companies, Chinalco and Minmetals, announced investments in other Australian miners, Chinalco in Rio Tinto and Minmetals in OZ. Sinosteel, Wisco, Shougang Group, and Ansteel are all looking to invest in Australia.
One mining company executive worries that such intensive investment in Australian mining resources will certainly make more sensitive the Australian government, who may then set higher obstacles for Chinese acquisitions in Australia. mysteel.com analyst Zeng Jiesheng thinks the disorderliness of Chinese firms’ overseas acquisitions may well trigger supply surpluses.
Before the deal, Valin held 275 million FMG shares. According to the new agreement, Valin will now buy 225 million of FMG’s newly issued shares, increasing its stake in FMG to 16.48%.
Both of Valin’s buys have been for lower than FMG’s share price before trading in FMG’s shares was suspended, AUD 2.83/share. But acquisition rumors are pushing FMG share price higher quickly.

A Valin insider revealed to China Business News that its negotiation with FMG for equity cooperation started on January 6, and that the two parties have been in contact with each other since April, 2008. Valin’s acquisition funds are coming mainly from the company’s own reserves and loans from The Import & Export Bank of China. Valin has confidence that the deal will be approved by supervisory authorities in China and Australia.
Along with its stake and a seat in FMG’s board, Valin has struck an agreement involving long-term iron ore supply, a framework for cooperation on iron ore processing and technical development, and the possibility for Valin’s participation in developing future iron ore projects.
Wang Jun, deputy general manager of Valin Pipeline, Valin’s listed sector, said according to the new contract, FMG will supply Valin with 10 million tons of iron ore annually. Valin estimates it will need to import 11 million tons of iron ore this year, and more in future, so it hopes to stabilize its iron ore supply by closer cooperation with FMG.

CIC Also a Potential Investor?
Unlike BHP Billiton and Rio Tinto, FMG sells all its iron ore to Chinese refiners. But the drastic slide in the iron ore market has put heavy pressure on FMG, which only began to produce iron ore in May, 2008. Existing railways in Australia can’t support its production expansion in future, so it needs money for infrastructure construction.

By the end of December, FMG’s total liability had reached AUD 3.14 billion, while its cash reserve was only AUD 439 million. FMG CEO Andrew Forrest said yesterday that introducing Valin as its strategic partner would relieve FMG’s debt burden and lay a solid foundation for the company’s future development. Valin Chairman Li Xiaowei said despite the global economic crisis, his company’s management had faith in FMG’s asset quality and development potential.
FMG declared last week that it had already contacted Anglo American PLC and China Investment Corporation (CIC) as possible investors. It is reported by foreign media that FMG plans to sell preferred equity to CIC in a deal involving AUD 3 billion, but now that deal is under evaluation.


[SigmaForex Money Manager]

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Sigma provides a dedicated team of account management specialists to provide ongoing back-office support, and help reduce your administrative responsibilities.
Highly developed trading platform

Our trading platform feature quality execution capabilities as well as advanced and easy-to-use order entry and position management tools, all in a secure friendly environment. A full suite of decision support tools, from charting to research, news and more, are also available to clients all for free.
Characteristic tools
Our proprietary tool offers money managers a comprehensive and efficient way to manage pooled customer funds and track portfolio performance. Accessible online, the system automatically journals percentages of your transactions from your Master account into your client's sub accounts at the close of each trade.

We also support the needs of money managers who wish to execute trades and place orders on a per account basis. Reporting capabilities are available directly within the application, as well as real-time margin and P&L.
Back-office support
Our Partner Services team is dedicated to providing full account management support to our money managers and your clients. Our customer support is 24 hours, customers may fund around the clock. Sigma’s Partner Services team is dedicated to providing Outstanding Compensation and full account management support.

For more details contcat MM@SigmaForex.com

Hitachi turns to external storage, acquires Fabrik

When I reviewed Fabrik's SimpleTech Signature Mini and SimpleTech (re)drive external hard drives a while ago, I liked its tasteful designs. As it turns out, my taste wasn't so peculiar.
Hitachi on Monday announced its decision to acquire Fabrik, a privately held supplier of personal and professional storage solutions.

If you haven't heard of Fabrik, this is because it has been selling external storage under two better-known brands: G-Technology and SimpleTech. CNET has reviewed several products launched under each brand.
Although the financial details of the transaction were not disclosed, Hitachi made it clear that Fabrik's business will remain intact and form the core of Hitachi Global Storage Technologies' new external-storage business.

Going forward, you will still find Fabrik external storage in both G-Technology and SimpleTech brands. The combined company plans to offer external-storage solutions based on both regular hard drives and solid-state drives.
The acquisition seems a natural move for Hitachi. For the Japanese company, it means an expansion into a market for external-storage hardware currently dominated by Seagate and Western Digital. For California-based Fabrik, it means broadening its market horizons, though it probably also means limiting the internal hard drives for its external storage solution to those of Hitachi.


[SigmaForex White Label]

Forex White Label Program

As your partner, our goal is to support you through the planning and launch phases and beyond to ensure a mutually successful and long-term business relationship
Establish your brand in the Forex Brokerage industry.

Our Forex White Label program is for individuals and institutions that want to establish a brand name and a presence in the Forex industry. As a white label partner, you will be provided with a platform branded with your name and logo as well as content for your introducing broker website. Also Sigma white label partner program enables banks and brokers to satisfy their customers' demand for online trading tools. Our trading solutions enable you to harness and develop already existing customer trading relationships and extract greater returns from them whilst streamlining internal trading operations and rendering them as efficient as possible.

You will also enjoy our 24-hour market, full service of back office support, and other administrative and support functions.

Ideal candidates for the Forex white label program include:

• Financial services firms
that want to establish a new Forex brokerage division. For example, banks, insurance companies, etc.
• Trading firms and/or online brokers that want to offer a greater range of products to their customers. you will be providing your clients with a great value-added service while increasing the profitability of your firm.
• Companies offering Forex tools and advisory services - This can be websites or newsletters that provide an analysis of the Forex or futures market, advisory businesses, etc. that want to expand their web presence by offering online Forex trading capabilities to their existing client base.
• Forex White Label Introducing Brokers will enjoy the most advanced Forex trading software in the market. The web-based white label trading platform provides real time, streaming currency prices and instantaneous one click execution, real time management of currency positions, in addition to complete back office support and reporting features. Along with other tools to help traders make trading decisions. The software is also compatible with most operating systems. This means that your customers can trade currencies from any computer, anywhere in the world, 24 hours a day.

If you want to discuss your potential Forex White Label Introducing Brokerage business with us via mail

Barrick Gold Barrick Goes For The Gold

Barrick Gold is in the wrong places at the right time. It is unable to take full advantage of soaring gold prices because some of its mines have less ore in them than it originally thought.
The company is opening new projects to increase its output, and it has managed to wring more profit out of its operations than investors expected, giving a lift to its shares. But it has underpeformed competitors such as Goldcorp and Kinross Gold this year.

On Friday, Barrick Gold (nyse: ABX - news - people ) reported a fourth-quarter loss owing to a 773.0 million Canadian dollar ($619.5 million) noncash goodwill impairment, primarily on the write-down of four assets, but its operating earnings beat analysts’ expectations. The write-downs were at the company’s Kanowna and Osborne mine projects in Australia and its North Mara mine in Tanzania, all of which produced less ore than expected, as well as its Calgary-based Barrick Energy oil and gas development and production unit.

Toronto-based Barrick Gold ’s shares on the New York Stock Exchange rose by 1.2%, or 45cents, to $36.89 at the close, while its shares on the Toronto Stock Exchange added 0.4%, or 18 Canadian cents (15 cents), to 46.08 Canadian dollars ($37.26).


[Sigmaforex Promotions]

Sigma has come up with different promotions:

Forecast and Win an Account.

Practice Competition.

Revolutional Bonus Era.

Daimler AG, Deutsche Boerse Ag, Henkel: German Equity Preview

The following is a list of companies whose shares may have unusual price changes in Germany. Stock symbols are in parentheses, and share prices are from the previous close.
The X-DAX Index gained 1.8 percent to 3,954.01. The measure, derived from trading in DAX Index futures, provides an estimate of Germany’s benchmark index. The DAX declined 1 percent to 3,895.75.

Daimler AG (DAI GY): The world’s largest truckmaker may be active after the European Automotive Manufacturers Association, or ACEA, releases the regions’ industry truck and bus sales figures for January. Daimler fell 3.4 percent to 18.63 euros.
Deutsche Bank AG (DBK GY): Germany’s biggest bank won approval by the country’s antitrust regulator to acquire the majority in Deutsche Postbank AG (DPB GY). Deutsche Bank climbed 4.3 percent to 18.15 euros. Deutsche Postbank fell 1.6 percent to 8.55 euros.

Deutsche Boerse AG (DB1 GY): Europe’s largest exchange by market value reported a 18 percent decline in fourth-quarter profit because earnings last year were boosted by a one-time gain from a property sale. The shares added 1.3 percent to 35.96 euros.
Henkel AG & Co. KGaA (HEN3 GY): The maker of Loctite glue and Right Guard deodorant plans to discuss full-year results. Henkel added 0.1 percent to 17.85 euros.
Q-Cells SE (QCE GY): Germany’s largest solar company secured financing through the end of this year and said demand for its products should recover in the second quarter as solar- park planners regain bank funding. The shares climbed 7.6 percent to 14.46 euros


[SigmaForex Trio Contest]

SigmaForex Ultimate Forex Monthly Champion Double your pleasure, Double your fun and Double your FUNDS.

SigmaForex has exactly what it takes to give you the ultimate forex trading experience and what it needs to make it more successful, more attractive, and more effective.SigmaForex Practice Competition

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