Avalon FX Pro Trading Platform Establishes Connection to FXCM Price Feed.BEVERLY HILLS Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , Calif. -- Avalon Capital Holdings Corporation (Pink Sheets:AVAL), and its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Traders Development LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , announced today that the Avalon FX Pro[TM] 4.1 Trading Terminal is connected to one of the largest retail foreign exchange liquidity providers, Forex Forex See: Foreign exchange Capital Markets (FXCM FXCM Forex Capital Markets ). Clients have already begun to open up live trading accounts with FXCM utilizing the Avalon FX Pro[TM] 4.1 Front End Trading Terminal. Forex traders who want to open a live trading account with FXCM utilizing the Avalon FX Pro[TM] will find relevant information at http://www.tradersdevelopment.com/clearing Avalon Capital Holdings' wholly owned subsidiary, Traders Development LLC, will generate revenues from the connection to FXCM based on the number of base-currency units transacted. Traders Development, LLC expects to generate between $10.00 and $60.00 for every one million base-currency units transacted over the FXCM Avalon connection. Avalon Capital Holdings CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Dr. Vladimir Karpenkov said, "Today's announcement is a testimony of our continuous efforts to find strategic partners to achieve greater liquidity, tighter spreads, and state of the art trading technology for traders and Avalon clearing partners. FXCM is a leader in the spot Forex landscape. When coupled with our Avalon FX Pro[TM] proprietary trading Proprietary Trading When a firm trades for direct gain instead of commission dollars. Essentially, the firm has decided to profit from the market rather than commissions from processing trades. technology, it offers a top class trading experience for clients." About Avalon Capital Holdings Corporation Avalon Capital Holdings Corporation, through its subsidiaries, develops, markets and distributes high-performance trading software for financial companies that engage in online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. . The Company offers products related to the Foreign Exchange ("Forex"), the world's largest capital market according to The Bank of International Settlements. For additional information please visit www.avaloncapitalholdings.com or email info@avaloncapitalholdings.com. A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur. Such statements reflect the current views of Avalon Capital Holdings Corporation with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. , and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Avalon Capital Holdings Corporation does not undertake any responsibility to update the "forward-looking" statements contained in this news release. Any communications received by fax or e-mail concerning Avalon Capital Holdings Corporation which have not been authorized by the Company or its investor relations/media advisory firm are specifically disavowed by the Company. |
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