Monday, March 23, 2009

SigmaForex trading system

SigmaForex provide the folllowing services that help in trading:
  • A reliable & powerfull trading platform that include more than 40 indicators.
  • A detailed illustration for indicators.
  • An updatable Indicator that show you signals to buy & sell.
  • The latest economic news & An Economic Calendar to show you the dates of the events.
  • Pivot Calculator for calculating pivot points to assign the forecasted support & resistance.
  • Currency convertor that contains more than 164 currency.
In electronic financial markets, trading system, also known as algorithmic trading, is the use of computer programs for entering trading orders with the computer algorithm deciding on certain aspects of the order such as the timing, price, quantity of order. It is widely used by hedge funds, pension funds, mutual funds, and other institutional traders to divide up a large trade into several smaller trades in order to manage market impact, opportunity cost, and risk. It is also used by hedge funds and similar traders to make the decision to initiate orders based on information that is received electronically, before human traders are even aware of the information.

Today, using information and trading platforms has become a de facto requirement for successful trading in the financial markets. Their advantages as compared to conventional trading schemes include, for example, an unprecedented speed of processing and delivery of information to end users, the level of integration with data providers, and a wide array of built-in technical analysis instruments.

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