Trade & Clear Limited Sponsors Gold Coin Giveaway

Top Quote Trade & Clear is sponsoring a new customer event to be entered into a drawing for a free, one-ounce American Eagle gold coin. End Quote
  • (1888PressRelease) July 01, 2011 - Hong Kong - Launch of E-micro gold futures coincides with high volumes, record gold prices, and opportunity to work with investors exploring precious metals futures trading.

    Trade & Clear is sponsoring a new customer event that will register new futures accounts and existing futures accounts that trade a minimum number of E-micro gold futures into a drawing for a free, one-ounce American Eagle gold coin. Drawings will take place monthly. The objective is to bring attention to the new, micro-sized gold futures contract which makes gold trading accessible to new traders and investors in precious metals futures.

    The event is officially called the Trade & Clear Gold Coin Giveaway 2011. The new E-micro gold futures contract were launched on May 10, 2011, amidst a frenzy of investor interest in trading the precious metal, both the physical metal and gold futures.

    "Customers are entering to win the gold coin just as the futures market in gold continues to trade at or near all-time highs," said Trade & Clear President Tony Chang.

    While most of the trading volume in gold futures is in the full sized futures contract, representing 100 troy ounces, quoted in U.S. dollar value of one troy ounce, the E-micro gold contract is one-tenth the size of that benchmark and carries a smaller initial margin requirement. It also has lower trading fees than the standard gold contract, but offers the same full investor safeguards of trading in CME Group's regulated environment. Trading a smaller gold contract provides a more economical approach for trading gold futures, and some professional Commodity Trading Advisors have expressed interest in using the micro contract as an efficient way to adjust positions in their trading strategies.

    Eligible entrants in the Trade & Clear Gold Coin Giveaway 2011 are those with a live trading account with Trade & Clear, an account balance of $1,500, and a minimum of five round turn trades in their Trade & Clear account within 30 days prior to the drawing, and they must be 21 years or older. A winner will be determined on the first trading day of each month to receive a free, one-ounce American Eagle gold coin. There is no fee to sign up and entrants are eligible for one prize only. For more information about the rules and entry requirements, go to www.tradeandclear.com.

    Trade & Clear is a rapidly-expanding global financial services and technology firm, specializing in electronic trading, futures, options, and commodities. The company is also an industry leader in investor education, and it offers free webinars each month attended by hundreds of people wishing to further their knowledge and skill in trading, charting, customizing their screens, comprehending various government reports, enriching their understanding of trading psychology and many other topics.

    At Trade & Clear, the Customer Service team is always available to assist beginners with selecting and getting logged on to a new platform, making it work for them, and in setting up their accounts in ways that make it easiest for them to assess risk, conduct trades, review their trading results, manage their balances, and more. The Customer Service group can be reached at contact ( @ ) tradeandclear dot com.

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