Wednesday, April 15, 2009

Betting on low-cost forex trading

Betting on low-cost forex trading


By CONRAD TAN

HALFWAY across the world, a firm started by just two people is hoping to change the way most people view the world's vast currency markets.

New York-based Oanda Corp aims to lower the cost of trading currencies to near zero, even for retail customers who have traditionally had to pay more than large institutions, its chairman and co-founder Richard Olsen told BT on a recent trip to Singapore.

'Currency is just a commodity. We want to really commoditise it - to bring down spreads to ultra-low levels,' he said. Link.......

No comments:

Post a Comment

nice day

JellyMuffin.com - The place for profile layouts, flash generators, glitter graphics, backgrounds and codes