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 FOREX Corner v 5.0, FAQ|Technique Sharing|News|Broker

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coldfusionpower
post Jan 15 2009, 11:05 PM

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market really crazy today .. plenty of news time .. sweat.gif
mphpopular
post Jan 16 2009, 12:57 AM

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QUOTE
ODL Securities Sells US Business    Print      E-mail

ODL Securities Sells US Business

15 January 2009 - ODL Securities, the leading independent FOREX, derivatives, equity, spread betting and commodity trading house has sold the US division of its profit making US Forex business to Forex Capital Markets LLC (FXCM).

The move follows the current and planned implementation of new and more complex regulatory rules that have made it increasingly burdensome for all Forex Dealer Members to operate in the United States. These include increases in the minimum amount of regulatory capital that a Forex Dealer Member must maintain - up by three times over the past year and due to increase further in May to $30mn.

A strategic decision was therefore taken by ODL to use its financial capital more efficiently to fuel its growth in other parts of the world.

As part of its expansion strategy ODL Securities will open new JV offices in Turkey and Australia in the very near future, and expand its operations in Japan and Canada. In the UK head office, the business has been restructured to improve its offering with a focus on multi-lingual customer service and support (ODL now has clients from over 100 countries).

Announcing the sale, Graham Wellesley, Chief Executive of ODL Securities, said: "This has been a hard decision for us to make, ODL Securities Inc. is a very successful and profitable operation, but we could not justify disproportionately supporting one of our smaller subsidiaries.

"We remain firmly committed to expanding our international reach and to that end we have dramatically strengthened the management and resources of our UK Sales and Servicing Teams as well as developing new ventures in Europe, Asia and Australia. We remain profitable and our strategy will continue to focus on growing the business in 2009.."

Notes to Editors

ODL Securities is a leading, independent Forex, derivatives, equity, spread betting & commodity trading house with regulated offices in UK, Japan and Canada. ODL Securities Limited is authorised and regulated by the Financial Services Authority, and is a member firm of the London Stock Exchange, Euronext LIFFE. and a member of APCIMS.  For further information please visit www.odlsecurities.com

SUSjubilee_trader
post Jan 16 2009, 07:17 AM

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nordmarkets is applying for a banking license..dont worry about the regulations...we are regulated... we will stay for long long time..

average monthly profit last year 51.85%
zenwell
post Jan 16 2009, 10:23 AM

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yesterday din trade as the market was so volatile. up and down, up and down. and I also missed those long candles rclxub.gif
mphpopular
post Jan 16 2009, 11:19 AM

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This post has been edited by mphpopular: Jan 16 2009, 11:20 AM


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hanif444
post Jan 16 2009, 12:09 PM

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good..thanks
victor131490
post Jan 16 2009, 01:54 PM

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who using fxopen here?mph popular?
SUSMNet
post Jan 16 2009, 02:16 PM

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QUOTE(jubilee_trader @ Jan 16 2009, 07:17 AM)
nordmarkets is applying for a banking license..dont worry about the regulations...we are regulated... we will stay for long long time..

average monthly profit last year 51.85%
*
Wahhhh
Your broker are not NFA approved
Very dangerous put money at your broker.
bulkbiz
post Jan 16 2009, 02:41 PM

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QUOTE(jubilee_trader @ Jan 16 2009, 07:17 AM)
nordmarkets is applying for a banking license..dont worry about the regulations...we are regulated... we will stay for long long time..

average monthly profit last year 51.85%
*
wahhh scammer....scary man....eh u know what is candlestick
WhitE LighteR
post Jan 16 2009, 02:49 PM

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QUOTE(bulkbiz @ Jan 16 2009, 02:41 PM)
wahhh scammer....scary man....eh u know what is candlestick
*
what is candlestick ar?

sorry.. noob

kthxbye
mphpopular
post Jan 16 2009, 03:17 PM

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QUOTE(victor131490 @ Jan 16 2009, 01:54 PM)
who using fxopen here?mph popular?
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i got use. Y?
jong52yuara
post Jan 16 2009, 04:54 PM

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QUOTE(MNet @ Jan 16 2009, 02:16 PM)
Wahhhh
Your broker are not NFA approved
Very dangerous put money at your broker.
*
NFA is for USA only..

broker in Sweden should be registered with Swedish FSA.

Swedish Financial Authority, www.fi.se

http://www.fi.se/Templates/InstitutDetails...a=en&idx=068487

This post has been edited by jong52yuara: Jan 16 2009, 04:58 PM
WhitE LighteR
post Jan 16 2009, 05:12 PM

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Abit sad that there is only one thread for Forex kaki's....
coldfusionpower
post Jan 16 2009, 07:26 PM

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QUOTE(jubilee_trader @ Jan 16 2009, 08:17 AM)
nordmarkets is applying for a banking license..dont worry about the regulations...we are regulated... we will stay for long long time..

average monthly profit last year 51.85%
*
why not you stop promoting ur broker here because we dont care and i dont care how much profit you have last year. this is a discussion thread not a self promoting section....thanks
gmos
post Jan 16 2009, 09:37 PM

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QUOTE(David83 @ Jan 14 2009, 12:39 PM)
More M’sians buying into pound as currency weakens

URL: http://biz.thestar.com.my/news/story.asp?f...93&sec=business
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why people buy the currency when they weakens?
I dun think pound at the bottom now.. expecting more bearish for more one or two years..

This post has been edited by gmos: Jan 16 2009, 09:37 PM
SUSjubilee_trader
post Jan 16 2009, 10:35 PM

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maybe we should open new thread for promotion...thanks
Makakeke
post Jan 17 2009, 12:33 AM

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i just came back from a FOREX seminar, organized by FX1, using the MIG platform broker. Anyone of you using it, is it secure?
coldfusionpower
post Jan 17 2009, 12:37 AM

My Cat Like To Shoot Noobs
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QUOTE(jubilee_trader @ Jan 16 2009, 11:35 PM)
maybe we should open new thread for promotion...thanks
*
u should ask the moderator ...


QUOTE(Makakeke @ Jan 17 2009, 01:33 AM)
i just came back from a FOREX seminar, organized by FX1, using the MIG platform broker. Anyone of you using it, is it secure?
*
FX1 Academy ? say hi to jacky for me .. biggrin.gif

p/s: i dont think anybody here uses MIG ..most are IBFX or Aonda or FXopen
dreams_achiever
post Jan 17 2009, 08:00 AM

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Sigh, what happen to this FX thread!
So many ppl scamming here. We no need any brokers promotion as we all have our own broker to trade already. doh.gif
We are open for FX discussion rather than promoting their bucket shop. cool2.gif
Come on, please! Stop spamming here. Thanks alot .
jack2
post Jan 17 2009, 08:08 AM

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QUOTE(Makakeke @ Jan 17 2009, 12:33 AM)
i just came back from a FOREX seminar, organized by FX1, using the MIG platform broker. Anyone of you using it, is it secure?
*
Paid RM6-7k+ for that seminar right? rclxms.gif rclxms.gif


QUOTE(coldfusionpower @ Jan 17 2009, 12:37 AM)
u should ask the moderator ...
FX1 Academy ? say hi to jacky for me ..  biggrin.gif

p/s: i dont think anybody here uses MIG ..most are IBFX or Aonda or FXopen
*
Hehe

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