Daily Archives: July 18, 2011

Commodities, Currency, Financial, Financial Information, Financial Services, Forex, Investment, Money, Trading

MLDEX Market Development Training Program

The Market Development Training Program hosted by the Headquarters of the MLDEX, was held in Melbourne, Australia in the week of 12-19 June 2011.

This program was designed as a forum for the exchange of best practices in the development and regulation of capital markets presented through a series of lectures, roundtables and case studies. Senior experts from different International Regulatory Agencies and the Capital Markets Board (CMB), as well as speakers from the region shared their insights on capital market development, enforcement, and examination of market participants. The Program also explored responses to crises and market abuses, provided observations comparing and contrasting approaches by regulatory systems around the world, and highlighted international best practices.

The presenters used real-world examples of market abuse and inefficiencies to explore the regulatory, statutory, and other tools that capital market regulators need to address.

Besides CMB representatives, many international exchange representatives and market professionals attended the event that was also sponsored by MLDEX.

Via EPR Network
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Banks, Business, Currency, Financial, Financial Information, Financial Management, Financial Services, Financial Software, Financial Solutions, Forex, Investment, Money, Profits, Trading

Saxo Bank Wins Best Liquidity Distribution Service at the eFX Awards 2011

Saxo Bank, the specialist in online trading and investment, has won the “Best Liquidity Distribution Service” award at the annual eFX Awards 2011 hosted by FX Week in New York.

At the core of Saxo Bank’s offering is its White Label solution for banks that require a market leading on-line trading platform for their clients. The key benefits of the solution are:

– It facilitates ownership and control of banks’ relationships with their clients whilst maintaining full client anonymity from Saxo Bank.
– Access to a fully branded and customised trading solution.
– A facility for banks to distribute their own FX liquidity to their clients via the white-label platform.
– A multi-asset offering with more than 20,000 financial products, including FX, Stocks,CFDs and commodities.
– Flexibility and control allows banks to distribute liquidity from the asset classes with tailored commission pricing to their own clients, based on their own local and regional requirements.

For institutional clients, such as hedge funds and retail aggregators with sophisticated high trading volumes, Saxo Bank’s trading API compliments their needs by making its multi-asset product range available in the client’s own systems via a low latency VPN, standard FIX protocol API. The trading API extends Saxo Bank’s distribution services and makes available its range of FX crosses and order routing for CFDs, Stocks and Futures in the client’s proprietary systems.

The founders and co-CEOs of Saxo Bank, Kim Fournais and Lars Seier Christens said in a joint statement: “Saxo Bank acts as a facilitator linking liquidity from Tier-1-banks and access to over 20 exchanges across the globe to our institutional and retail clients via our integrated platforms. The award acknowledges this business model. It makes us very proud and we are honored to accept the award.”

Saxo Bank was also nominated for the “Best Retail Platform” award. The award was won by Citi. The CitiFX Pro platform is powered by Saxo Bank.

This year the awards were judged by industry experts, Joel Clark, Editor, FX Week, Justyn Trenner, Chief Executive, Client Knowledge, Sang Lee, Co-Founder and Managing Partner, Aite Group and Rob Daly, Editor, Sell-Side Technology.

Via EPR Network
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Credit Cards, Financial, Financial Management, Financial Services, Financial Solutions, Money, Personal Finance

Credit-Land.com Announces New 0 Balance Transfer Citibank Review

Leading credit review portal, Credit-Land.com, announces updates to all 0 balance transfer credit card reviews including the CitiBank Platinum Select Mastercard and Discover More cards.

As U.S. consumers continue to gain financial traction from the recession, the demand for 0 balance transfer credit cards continues to increase. Credit-Land.com announces the release of a fresh review of the CitiBank Platinum Select Mastercard now featuring 0% interest for 21 months. The Citibank card includes no annual fee and competitive rates after the introductory period lapses.

Not all site visitors credit scores are perfect, however, the need for quality credit card offers is no less significant. Credit-land.com now provides prepaid credit cards and other fair credit offers for shoppers with an average payment record and FICO score between 620 and 659 including the Capitol One Mastercard and six additional quality programs.

Of the number of balance transfer credit cards reviewed on Credit-Land.com, the Discover More card offers one of the largest number of months of 0% interest after the CitiBank credit cards. The Discover card features no annual fee and an industry leading APR similar to other top offers reviewed on the portal after the introductory period has elapsed.

Johnson Polk from Savannah, Georgia writes, “I just have not had any luck trying to find a quality new credit card offer to transfer my existing high balance from my college card. Using Credit-Land.com, I was able to find the perfect offer that is saving me a ton of money in interest fees while I pay down my card.”

Credit-Land.com staff are committed to publishing the most competitive credit offers for site visitors. Company experts continue to assess existing and emerging special offers for site visitors to ensure consumers can find the best credit offers possible.

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Commodities, Currency, Financial, Financial Information, Financial Services, Forex, Investment, Money, Trading

New Management Board Members of Melbourne Derivatives Exchange(MLDEX) Want to Establish Investment Culture in Australia

Australia does not have a traditional investment culture – neither for capital management, or financing nor for building retirement provisions by investing. More intense information activities, additional services and stepped up efforts to improve the tax framework will help to bring about a change in the coming years, was the message of the management team of Melbourne Derivatives Exchange, underlined by Henry Petterson, the President of MLDEX.

“In the future, we want to provide more trading services. To establish a culture of saving and investing more firmly in Australia – only a small percentage of monetary assets are invested in derivatives and investment funds, while the Asia Pacific Rim average is almost twice as the Australian one. Melbourne Derivatives Exchange would like to see more of an attractive framework for the tax advantages of investment participation schemes. A survey conducted by MLDEX among the leading 20 funds listed on the prime market in Australia revealed the need of individual investors and self-traders to participate with a bigger share in the market flow. The fund directors interviewed spoke out in favor of doubling the tax-exempt amount and a shortening of the holding period.

The goal of establishing an investment culture in Australia also requires the efforts of domestic investment banks. “At present, only one-sixth of the entire Australian fund volume is invested in close ended funds. We therefore appeal to Australian investment management companies to invest more in close ended funds,” said Petterson.

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Commodities, Currency, Financial, Financial Information, Financial Services, Forex, Investment, Money, Trading

Melbourne Derivatives Exchange launches new index: CDEX

Melbourne Derivatives Exchange launched the CDEX. The index is weighted according to certain fundamental ratios and made up derivatives in the Australian Trading Index, the leading index of Melbourne Derivatives Exchange.

In contrast to the Australian Trading Index, the weighting of the commodities in the CDEX is not based on market fluctuation, but rather on a factors computed by the Melbourne Derivatives Exchange taking into account fundamental ratios: supply and demand on the medium to long term, net growth and market exposure to other factors. The CDEX is calculated and published in AUD in real time. It has been designed as a tradable index that can be used as an underlying for structured products and standardized derivatives. The calculation parameters are reviewed on a quarterly basis and the index composition is checked, and if necessary adjusted, analogously to the Australian Trading Index in January and June of each year.

With the launch of the CDEX, the Melbourne Derivatives Exchange has once again shown its internationally recognized competence in the area of indices and its skill in responding to market demands. With the CDEX, the range of index products now comprises a total of 36 indices, with 12 of them tracking national, regional or sector-related developments in the Asia Pacific region. Meanwhile, the majority of all structured products with a reference to Asia Pacific are based on the indices produced by the Melbourne Derivatives Exchange.

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Banks, Debts, Financial, Financial Services, Foreclosure, Home Equity, Loans, Mortgage

Mortgage Loan Modifications Made Simple With Cantrell Consultant’s Do It Yourself Modification Software. Stop Waiting In Line And Get Your Paperwork Ahead Of The Rest

Cantrell Consultants Offers Reliable Do It Yourself Mortgage Modification Program to Help Home Owners save their Homes.

With ezmortgagemod.com’s Bank Ready Modification Package, Dr. Cantrell Will Help His Customers In Being One Of The 9 Million Mortgage Holders To Receive A Loan Under President’s Obamas New Package.

The number of people facing problems regarding the payments of their mortgage loans is rising in the United States. The most common problems faced by homeowners today are due to delinquency, high interest rates or reduction in appraised value due to the market crash. While the government has introduced several home and mortgage loan modification plans under HAMP and HAFA programs, only a small percentage of mortgage holders are able to qualify for these modification programs.

Michael W. Cantrell Sr., Ph. D., one of the leading names in the area of home loan modifications, is offering a reliable program that ensures that their client will get all home loan modification documentation with his new ezmortgagemod do it yourself program. Dr. Michael W. Cantrell, Sr. is the president of Cantrell Consultants. He holds a PH. D. in Financial Management and has been in this industry for almost three decades.

Elaborating on his new ezmortgagemod loan modification program, Dr. Cantrell said,“Although I have been serving lenders since 1989, I have now set foot on the other side of the fence, helping homeowners. I believe in making homes affordable with our do-it-yourself ezmortgagemod program that enables people to qualify for a Home Loan Modification approval. The ezmortgagemod program works to benefit the homeowner, not the lenders.”

The do it yourself ezmortgagemod Home Loan modification package offered by Cantrell Consultants is ranked number one among the Do-it-Yourself programs. The ezmortgagemod program is one of the most reliable and user friendly programs available to the public today. The reason for this is that only the ezmortgagemod do-it-yourself program includes exact documents that banks and lenders use for their approval process.

“This unique benefit along with the post review service, ezmortgagemod program saves homeowners, not only the thousands and thousands of dollars they would normally spend, but the nightmare of spending months on the phone with their banks and getting bounced around from department to department trying to do it on their own,” adds Dr. Cantrell.

The ezmortgagemod Home Loan Modification program allows the homeowner to fill out a form and see whether or not they qualify for any of the programs. This saves them a lot of time. The package also offers a step by step guide for the homeowner regarding the procedures and negotiation tactics. More information on Dr. Cantrell’s do-it yourself mortgage loan modification package is available on www.ezmortgagemod.com.

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