Zimmermann International Group Plans to Offer Cross-Currency Program for Foreign Exchange Pairs Trading

Top Quote Before the current year ends, Zimmermann International Group, a leading international commodity firm and one of the top trading performers in the industry today will be offering a cross-currency program for foreign exchange pairs and spread trading for the entire equity marketplaces of united States, Europe and some part of Asian countries. End Quote
  • (1888PressRelease) October 25, 2011 - Presented and offered as a separate application or through the firm's electronic trading platform, which exceptionally handles spreads in cross-currency, the program will concentrate on the US-based equity security, exchanged-traded funds and sterling or Euro denominated equity. Furthermore, investors or traders-users can decide which currency to equalize the spread. This cross-currency program also allows currency hedging and can program and predetermine numerous options to manage currency exposure, from fine-tuning on an equity fill-by-fill origin to modifying when it arrives at a particular amount or a fixed move has happened in the currency. Also, this newest algorithm also evaluates and deals with cross-currency risk arbitrage contracts.

    According to Mr. Alessandro Egle - CEO President and Senior Foreign Exchange analyst of Zimmermann International Group providing a powerful and vigorous range of trading functionalities to its active clients has always been the top priority of the firm.

    "We provide everything that gives every trade the edge they need to get their trades successfully done. Nowadays, cross-currency functionalities in electronic trading platform have been increasingly becoming significant in the global and interrelated marketplaces. With our new and soon to-be-released trading program, a trader can effortlessly execute and carry out trades among multiple securities in diverse currencies," added Egle.

    Trading options available through this new cross-currency program include:
    • Pair trading strategy where a trader can sell or shorts particular security and buys another in the same dollar amount or in a dollar ratio, subject to price assessment.
    • Risk arbitrage to undertake trade revealed takeover contract, including cross-currency contracts.
    • Cross-currency equity pair trades where a trader carries out a pair trade deal in two securities however denominated in various currencies.

    "This new cross-currency program for foreign exchange pairs trading has been created to benefits all types of traders," added Egle. "It offers and presents easy-to-use ticket outline and acclimatize a wide-range of customizable and adaptable set of execution strategies."

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