SWISS FOREX TRADING COMPANY TO LAUNCH STP AND AUTOMATED TRADING SERVICE
Released on: March 3, 2008, 2:33 am
Press Release Author: Swiss Trade and Capital Management SA
Industry: Financial
Press Release Summary: Forex trading can be a very lucrative venture, especially when you have a partner like Swiss Capital & Trade Management SA, who offers 100:1 plus leverage, narrow spreads as low as 1 Pip (and lower), algorithm trading capabilities and all the tools necessary for a successful trading experience
Press Release Body: Zug, Switzerland February 21, 2008. Forex trading firm Swiss Capital & Trade Management S.A. (www.sctm.com) enters the field of capital markets trading with a slew of services, targeted for small and large traders globally. Swiss Capital, a regulated financial firm in Switzerland, aims to provide online trading platform and related services to global traders of all sizes. "SCTM has a motto -no compromise on service- which we take very seriously, as we understand how important its is for capital markets traders to get prompt service and quick solutions to their problems, especially when their hard earned money is involved" says Maha Shah, Head of Marketing. Swiss Capital backs this commitment by aligning its interest with its clients. By launching its own Straight-Through-Processing (STP) technology, linking to multiple pools of inter-bank liquidity, Swiss Capital offers direct market access to its clients, without any dealing desk intervention. With the multiple liquidity pool also comes narrow spreads, and Swiss Capital spreads can be seen as one of the tightest in the industry with as little as ¾ of a pip at times.
"We are also currently developing algorithm trading capabilities for our clients under our own proprietary trading platform called M4X which we plan to launch shortly" says Maha Shah. Algorithm trading (or black box trading) is by far the fastest growing segment in retail capital markets. It allows individuals to develop their own trading strategies, do back testing to check its efficiency and most importantly to take "emotions out of decision making and automating the whole trading process" adds Maha. Along with algorithm trading Swiss Capital also plans to launch a retail ECN this year which will allow traders to place their own bids and offers to match the best bids and offer or to best them.
"One of the biggest advantages we offer is not just the technology but also the uncompromising service to back that" says Amna Irfan, Head of Sales & Support at SCTM. She states further "we see so many forex trading companies these days but very few where you are not treated as a number and even worse yet where the only way to contact someone at the company is via an email, or third party chat services. We have always believed that service is the deciding factor in making a good company great, and have taken steps to ensure that a company personal is always available to solve your problems." Swiss Capital offers a 24hour dealing desk, for dealing related issues, and also 24 hour customer service over phone, chat and email. Also in order to ensure the good quality of customer's services, it has appointed well educated employees who have done their MBA's and CFA's from well reputed regional institutions.
As a promotion, individuals can take advantage of a "risk free" trading account, which Amna explains is $100 credit acting as a "cushion" before your own money is at risk. "We want clients to be successful which is a very different attitude as compared to various bucket shops [where client losses become the company gains], and we are working to provide all the tools and services we think can help the client become a consistently successful trader" adding further.
Contact Swiss Capital by visiting the website, and also register for a free demo account and get live market feed and US$ 50,000 in play money to trade along with real-time charts and reporting.
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