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Introducing PFG Best Direct FX Express: A Professional Foreign Exchange Trading Platform Built For The Individual.


CHICAGO -- Peregrine Financial Group, Inc. (PFG PFG Principal Financial Group
PFG Performance Food Group (Richmond, VA)
PFG Pinnacle Financial Group
PFG Plasma Flood Gun
PFG Planning for Growth
PFG Pasty Faced Geek
PFG Perfluoroguanidine
) - the leader in retail futures - is now entering the retail forex The Retail forex (Retail Currency Trading or Retail Forex or Retail FX) market is a subset of the larger Foreign exchange market.

History
Retail trading is more structured than the forex market as a whole.
 market. The company today announced its launch of PFG Best Direct FX Express (FX Express), the customer-friendly 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.
 platform for investors, traders and brokers to use for foreign exchange trading Foreign Exchange Trading or FX Trading, clients are able to hedge against, or speculate upon, changes in the exchange rate of two currencies. For example, a speculator can long EUR/USD in foreign exchange market in order to profit from capturing the appreciation of Euro against the .

"This platform performs well for individual traders by focusing on what individual foreign exchange traders want and need to assess the highly liquid, 24-hour currency marketplace without risking more than their account deposit," said PFG Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 Russ Wasendorf, Jr.

FX Express has a stable and accurate price feed, along with advanced hedging and straddle In the stock and commodity markets, a strategy in options contracts consisting of an equal number of put options and call options on the same underlying share, index, or commodity future.  functionality. Here are some of the other advantages:

* Adjustable contract sizes onscreen on·screen or on-screen  
adj. & adv.
1. As shown on a movie, television, or display screen.

2. Within public view; in public.
 

* Multiple stops, limits and trailing stops on each trade to manage risk

* Market News International for breaking stories and market coverage

* Market-leading charting solutions

* And, of course, much more!

There are so many ways that the user can customize this to be their own perfect trading platform. The variety includes the ability to mix and match currency pair views, 130 different technical studies, account summaries, and a function showing all 20 currency pairs in a separate window. Trades can be placed from this window as well as from the main screen.

A small-sized ticker can be placed on any application and customized to carry important account information for viewing at all times, or for market news bulletins; trades can also be placed through the space-saving floating ticker.

By offering hedging on this retail trading platform, the user can be both long and short in the same currency pair at the same time without incurring additional margin. FX Express also provides the capability for traders to receive alerts for order execution management and other communications. Not the least of the advantages is the opportunity for currency traders using this platform to choose the contract sizes that best suit their trading style.

To learn more, or simulate trading on the platform, please visit www.pfgFOREX.com; access FX Express directly via https://www.pfgforex.com/TradingPlatforms/FXExpress.aspx.

The PFG Forex Division offers standard and customized (spot and futures) forex products and services so that individuals, multinational corporations

Main article: multinational corporations

  • ABB
  • ABN-Amro
  • Accenture
  • Aditya Birla
  • Affiliated Computer Services Inc
  • Airbus
  • Allianz
  • Altria Group
  • American Express
  • Akzo Nobel
  • Apple Inc.
 and institutions can transact their foreign exchange requirements in the most liquid of environments, with ease.

PFG is one of the largest non-clearing U.S. futures commission merchants Futures commission merchant (FCM)

A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with such solicitation or acceptance of orders, accepts any
 (FCMs) with customers, affiliates and brokerage offices in more than 80 countries. It offers a diverse range of trading and investor products and services. The company is a leader in managed funds and forex, full-service brokerage, trader education, research, and direct, online futures trading through BEST Direct, the first platform to deliver retail orders to the CME's Globex engine. Please visit www.pfgBEST.com.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 11, 2007
Words:454
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