Released on: October 03, 2011, 5:10 pm
Author:
ForexTrading.net
Industry:
Financial
ForexTrading.net, a new online forex magazine is aiming to keep users updated with all the latest happenings in the world of forex trading, through a videographic that has been published on the site.
The new videographic will give users of the site an overview of the forex trading market, and can even be embedded into users' personal websites or blogs where it can be shared with other interested internet users.
Recent years have seen a number of changes in the forex trading market; not only has the number of people who trade in this manner shot up, but the way in which trading occurs is constantly evolving as well. For instance, in 2010 alone, cross-border trading transactions constituted 65% of trading activity. This implies the power of technology and its effects on the forex market.There has also been a rapidly growing disparity in algorithmic trading versus manual trading. In 2004, algorithmic trading only ranked at 2% of all trades, however in 2010 it comprised 45% of the trading share. Similarly the global foreign exchange market turnover was 20% higher in April 2010 than in 2007, with average daily turnover of 4 trillion USD compared to 3.3 trillion USD. As such, it's very important for forex traders and internet users who follow the market to keep updated, and ForexTrading.net videographics will allow users to learn about forex in a manner that's informative yet fun, and share their findings as well.
Nanna Arnadottir, editor at ForexTrading.net said: "The forex trading industry has some great news and commentary sites, but it can be a bit starved of interesting blogs with real quality content. That's what we're aiming for with ForexTrading.net, that and a bit of personality, which I think the videographic really provides.
It's a fun way to take in a lot of facts and you can share it or post it on your own blog, so everyone is a winner."
About ForexTrading.net:
ForexTrading.net is a blog about ForexTrading, owned and maintained by Saxo Bank,
where you can regularly expect forex related articles, features, forex videos infographics, information about CFDs and how to guides. ForexTrading.net strives to deliver varied content related to
the financial markets for beginners as well as the more experienced trader.
PR Contact:
Nanna Arnadottir
Philip Heymans Allé 15
2900 Hellerup
Denmark
+45 39 77 49 45
www.saxobank.com