Foreign Exchange
February 2, 2014 | 
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“Santino’s Foreign Exchange” made it into the new year! Follow The Milan Miracle as he rings in 2013 as only Santino can. Which Superstar has the most outlan…
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Small Importers Hit with Huge Transfer Charges as UK Imports Increase
London, UK (PRWEB UK) 16 January 2014
According to the HM Revenue and Customs EU Overseas Trade Statistics Report published in December 2013, imports to the UK continue to rise. The report indicates that imports increased by £0.7 billion in October last year with total imports equalling £20 billion.
Imports also saw a sharp increase in October 2013 over the amount imported in October 2012. An increase of £1.3 billion (7.0 per cent) was seen. Last year’s import value was the highest on record.
Thomas Exchange Global, the foreign exchange specialists, have found that while many large importers rely on Letters of Credit to import goods, small businesses dealing with reliable overseas partners prefer invoice payments by international bank transfers.
“We have seen recently that a lot of small importers are thriving and their businesses are flourishing as the UK economy increases its need for imported goods. At the same time though they are being hit with large fees for international invoice payments by the big banks,” stated Trevor Samuel, Marketing Manager of Thomas Exchange Global.
Usually high street banks charge a commission anywhere from £25 up to £40 per overseas transaction and the exchange rates are also not favourable compared to market rates. Thomas Exchange Global Ltd offers a cost effective solution to help small business importers pay for their goods.
Trevor continued, “Compared to a fee of £25 and over by high street banks our money transfer service is free of charge if the amount is over £10,000, while a fee of just £12.50 is charged for amounts less than £10,000.”
Using an alternative money transfer service can greatly reduce the cost to small importers and help their businesses grow. This in turn boosts the economy as they are able to increase the amounts they import into the UK economy.
Thomas Exchange Global also offer very competitive exchange rates compared to high street banks and money brokers, making the overall transaction lucrative to the importer.
Their experienced dealers can guide new customers to open an account and transfer money abroad with minimum hassle. They facilitate international money transfers at any of their 6 branches in London and online as well.
About Thomas Exchange Global
As dedicated foreign exchange specialists, Thomas Exchange Global has the professional expertise, in depth market knowledge, technological infrastructure and commitment to provide an unprecedented level of service that sets the standard in the foreign exchange industry. They are specialists in all areas of foreign exchange. They provide commission free currency as well as travellers cheques.
Thomas Exchange Global also offers International Money Transfer Service where funds can be remitted to overseas bank accounts within 1 to 2 days. With commission free service for transfers over £10,000 backed by competitive exchange rates, customers are assured of a better deal and a substantial saving compared to banks and money brokers.
Thomas Exchange Global branches are located at Strand, Victoria Street, Liverpool Street, Hammersmith, Cannon Street and Wormwood Street.
For further details visit http://www.thomasexchangeglobal.co.uk or call 020 7240 1214.
As dedicated foreign exchange specialists, Thomas Exchange Global has the professional expertise, in depth market knowledge, technological infrastructure and commitment to provide an unprecedented level of service that sets the standard in the foreign exchange industry. They are specialists in all areas of foreign exchange. They provide commission free currency as well as travellers cheques.
Thomas Exchange Global also offers International Money Transfer Service where funds can be remitted to overseas bank accounts within 1 to 2 days. With commission free service for transfers over £10,000 backed by competitive exchange rates, customers are assured of a better deal and a substantial saving compared to banks and money brokers.
Thomas Exchange Global branches are located at Strand, Victoria Street, Liverpool Street, Hammersmith, Cannon Street and Wormwood Street.
For further details, visit http://www.thomasexchangeglobal.co.uk or call 020 7240 1214.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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Posted in Foreign Exchange | Tags: Charges, Huge, Importers, Imports, Increase, Small, Transfer | 5 Comments »
ForexMinute Now Offers a Renewed Forex Brokers Reviews Section
London, UK (PRWEB) January 09, 2014
ForexMinute, one of the world’s leading forex news portals, guarantees readers and traders to provide them with the most genuine forex brokers’ reviews. The aim here is to assist inexperienced traders in selecting the best forex companies that educate and perform trades concurrently.
The spokesperson for ForexMinute, Mr Jonathan Millet further explains the idea of the portal behind publishing the most trustable forex reviews. “When,” he says, “a novice trader comes inside the world of finance, the first thing he needs is information on various in-and-outs of the market.”
“While it is quite obvious that he cannot achieve this pile of knowledge at one, his dependability on available forex brokers (which are innumerable) is further understandable. The matter however gets distressed in the events of traders choosing the wrong forex brokers. That not only puts their investments at risk, but also delivers nothing as compared to the tall claims made by unreliable brokers.”
“We on the other hand strive towards filtering out such brokers even from consideration, and provide traders with a list of regulated forex brokers”, concludes Mr Millet with a significant assurance in his voice.
The ForexMinute reviews are conducted by a team of experienced and professional finance experts. They analyse the online foreign exchange brokers bit by bit and conclude their reviews based on the brokers’ trading platforms, customer support, commission price, and various other factors. In their reviews, the ForexMinute team particularly emphasizes on providing the most genuine forex trading platform reviews, as they are considered to be the backbone of any forex broker’s services.
About ForexMinute
ForexMinute, the world’s leading finance education portal, has become a one-stop solution provider for obtaining the most authentic forex brokers’ reviews. The portal also ensures a high-end user-friendly trading experience to traders with an array of Bitcoin resources e.g. latest financial news, fundamental analysis, technical analysis, Forex tools and more.
For more information, visit http://www.forexminute.com or call +1 800 758 5780.
You can have the ForexMinute newsletter delivered to you each trading day. Simply sign up today. You will be kept up to date on the latest market action. It’s free and simple – http://www.forexminute.com/newsletter.
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Posted in Foreign Exchange | Tags: Brokers, Forex, ForexMinute, Offers, Renewed, Reviews, Section | No Comments »
iAbrasive Is Highly Thought of on China International Hardware Show
Zhengzhou, China (PRWEB) November 28, 2013
China International Hardware Show was held with a successful ending at Shanghai New International Exposition Center on Nov. 28, 2013. Attending as a representative of newly emerging forces, iAbrasive received many good remarks from both visitors and exhibitors.
The exhibition lasted for three days and embraced a large number of visitors from various countries or areas. It was said that the scale of the trade show this year reached the highest level in history. Many newborn forces, such as iAbrasive, joined in the exhibition as well and considered it as a stage to show themselves. Founded in August, 2012, iAbrasive is an internet company specializing in the foreign trade of abrasives and abrasive products only. It built up an internet bridge through which domestic suppliers could exchange information with overseas purchasers conveniently.
The main reason why iAbrasive attracts so much attention might be related to the new item named “iBrand” it launched on the exhibition. It is a new service aiming at building up Chinese brands internationally. “Many visitors are not very familiar with our website (http://www.iabrasive.com), but i feel very honored to introduce for them. We’ve received plenty of good remarks as well as valuable suggestions which will guide our work to provide better services for our users.” indicates Lei, the founder of iAbrasive.
About iAbrasive
Positioning itself as a professional business to business trade platform, iAbrasive devotes into the research and sales of abrasives and abrasive products only. To help domestic suppliers promote business and establish Chinese brands awareness in the overseas market, iAbrasive provides several basic services without any charge. For example, users can get a free shop and release as many as 200 products on iAbrasive only by online registration and verification.
For more information, visit here: http://www.iabrasive.com
Official blogs are available at: http://www.iabrasive.com/blog/
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song from The Foreign Exchange’s album Leave It All Behind. Support The Foreign Exchange by ordering the album at http://www.theforeignexchangemusic.com/stor…
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Artiste : The Foreign Exchange Album : Connected Titre : Be Alright Année : 2004.
YieldShares High Income ETF (NYSE Arca: YYY) Declares October Income Distribution
Wheaton, Illinois (PRWEB) November 01, 2013
YieldShares, the Wheaton, Illinois-based provider of ETFs, today announced the October distribution for the YieldShares High Income ETF (YYY). YYY provides exposure to 30 closed-end funds ranked highest overall by the International Securities Exchange (ISE) in three criteria: fund yield, discount to net asset value and liquidity.
The distribution was paid on October 31, 2013 to shareholders of record as of the close of business October 28, 2013. The information below summarizes the distribution schedule for YYY.
Ticker: YYY
ETF Name: YieldShares High Income ETF
Income Distribution Per Share: $ 0.200000
Important Dates:
Ex-Date: 10/24/13
Record Date: 10/28/13
Payable Date: 10/31/13
The YieldShares High Income ETF (YYY) plans to issue future distributions on a monthly basis. To view the most recent yield information and distribution calendar for YYY, please visit http://www.yieldshares.com/distributions.aspx.
About YieldShares LLC
YieldShares LLC is an ETF Sponsor founded by ETF veteran Christian Magoon. The firm is focused on income investing and seeks to expand access to unique income investment strategies through ETFs. YieldShares believes that thoughtful income investing begins with diversification across a variety of asset classes, investment strategies and investment vehicles. For more information, please visit http://www.yieldshares.com.
To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. There is no guarantee that capital gains distributions will not be made in the future. Your own trading will also generate tax consequences and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax situation.
Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus, which may be obtained by visiting http://www.yieldshares.com. Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal. Because the Fund is a fund of funds, its investment performance largely depends on the investment performance of the Underlying Funds in which it invests. An investment in the Fund is subject to the risks associated with the Underlying Funds that comprise the Index, including risks related to investments in derivatives, REITs, foreign securities and municipal securities. The underlying holdings of the fund may be leveraged, which will expose the holdings to higher volatility and may accelerate the impact of any losses. Fixed-income securities’ prices generally fall as interest rates rise. High yield securities are subject to the increased risk of an issuer’s inability to meet principal and interest payment obligations. These securities may be subject to greater price volatility due to such factors as specific corporate developments, interest rate sensitivity, negative perceptions of the non-investment grade securities markets, real or perceived adverse economic conditions, and lower liquidity. Preferred stock is subject to many of the risks associated with debt securities, including interest rate risk. In addition, preferred stock may not pay a dividend, an issuer may suspend payment of dividends on preferred stock at any time, and in certain situations an issuer may call or redeem its preferred stock or convert it to common stock. International investments may also involve risk from unfavorable fluctuations in currency values, differences in generally accepted accounting principles, and from economic or political instability. There is no guarantee that the fund will meet its investment objective.
The Fund will pay indirectly a proportional share of the fees and expenses of the Underlying Funds in which it invests, including their investment advisory and administration fees, in addition to its own fees and expenses. In addition, at times certain segments of the market represented by constituent Underlying Funds may be out of favor and underperform other segments.
Exchange Traded Concepts, LLC serves as the investment advisor, and Index Management Solutions, LLC serves as a sub advisor to the fund. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates.
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Posted in Foreign Exchange | Tags: Arca, Declares, Distribution, High, Income, NYSE, October, YieldShares | 6 Comments »
This week on “Santino’s Foreign Exchange,” Santino invites Hunico and Camacho onto the FE set where things get suddenly tense. Warning, it’s best not to “bor…
Posted in Foreign Exchange | Tags: Episode, Exchange, Foreign, Place, Santino's, Time, Wrong | 28 Comments »
IIUSA Supports Inter-Agency Collaboration to Protect the Integrity of the EB-5 Program
Chicago, IL (PRWEB) October 03, 2013
The Association to Invest In the USA (IIUSA), the trade association representing more than 100 EB-5 Regional Centers, supports the recent action of the U.S. Securities and Exchange Commission (SEC) to stop a Regional Center in Texas from allegedly defrauding EB-5 investors. IIUSA also applauds the U.S. Citizenship and Immigration Services (USCIS) for its cooperation with the SEC in the matter.
“Proper oversight, transparency, compliance with – and enforcement of – all applicable securities, anti-fraud and immigration laws and regulations are essential to maintain the confidence of all industry stakeholders and ensure that the EB-5 program continues to bring capital and job creation to American communities,” said Peter D. Joseph, Executive Director of IIUSA.
“Our position is clear: efficient and effective enforcement of U.S. securities laws is as essential for the EB-5 program as it is for any investment vehicle,” said K. David Andersson, President of IIUSA.
The EB-5 Regional Center economic development program successfully spurs U.S. job creation and economic growth by attracting foreign direct investment in the United States. A comprehensive peer-reviewed economic study found that from 2010-2011, investments made through the EB-5 program contributed $ 2.2 billion to U.S. GDP and supported over 28,000 jobs at no cost to taxpayers. IIUSA’s members account for 95 percent of all capital raised through the EB-5 program.
IIUSA has a track record of working cooperatively with USCIS and other regulatory agencies to strengthen the program through effective enforcement of anti-fraud, securities and immigration law. For example, IIUSA recently filed an amicus brief supporting SEC action to stop a Regional Center and developer from making misleading claims about investment opportunities.
Other initiatives supported by IIUSA include:
An “Investor Alert” jointly issued by the SEC and USCIS that provides prospective EB-5 investors with information on conducting due diligence evaluations of EB-5 securities offerings.
Distribution of guidance published by FINRA for broker-dealers marketing EB-5 related securities.
Support for several important reforms included in the comprehensive immigration reform legislation that recently passed the full Senate that would strengthen law enforcement and national security protections.
“Investments made through EB-5 Regional Centers provide a new, vital source of funding for local economic development projects, often in partnership with local governments and economic development agencies. These successful projects are revitalizing communities across the country, creating and supporting jobs, infrastructure and services,” noted Joseph. “Protecting the integrity of the program is critical to continue bringing jobs and economic benefits to cities and towns across the country.”
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Founded in 2005, the Association to Invest In the USA (IIUSA) is the national not-for-profit industry trade association for the EB-5 Regional Center Program, representing well over 100 Regional Center members that account for over 95 percent of the capital flowing through the Program. IIUSA represents the industry in government and public affairs, telling the story of how the EB-5 Program has become a fundamental part of U.S. economic development policy – with operations covering advocacy, industry development, and education. An essential part of IIUSA’s mission is to stimulate economic development and job growth through continued success of the program as well as advance and maintain industry standards and best practices.
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Posted in Foreign Exchange | Tags: Collaboration, IIUSA, Integrity, InterAgency, Program, Protect, Supports | 5 Comments »
Online Broker Firstrade Introducing New Research & Tools
New York, NY (PRWEB) October 02, 2013
Firstrade Securities Inc., a leading online brokerage firm founded in 1985, today announced the launch of an enhanced Research and Tools section of its website with analyst research, tools, and comprehensive market data provided by Morningstar, a leading provider of independent investment research.
“We know research tools are crucial for investors to build up a strong and profitable investment portfolio, and Firstrade aspires to provide our customers with the most powerful and user-friendly tools. This improvement is an exciting moment for both Firstrade and our customers,” says John Liu, CEO of Firstrade, “Firstrade will never stop improving for customers, so stay tuned for more advancements soon to come.”
Firstrade’s enhanced Research and Tools section helps customers stay on top of the markets with new investment research features, including Morningstar Analyst Reports and ratings on stocks and ETFs, in-depth performance data, competitive analysis, and more, all with an easier-to-read layout. News offerings also received an upgrade with more sources like Morningstar, Briefing.com, Zacks, and Benzinga, to help customers stay up-to-date on current events and make better-informed decisions.
Firstrade also worked with Morningstar to develop a Sectors & Industries tool that, combined with the new Map of the Market, provides investors with a set of tailor-made tools to view the market through different perspectives. Investors can analyze performance data from the broad sector level all the way down to the company level. Firstrade has also expanded the stock, ETF, and mutual fund screeners with more data to further empower investors.
“We are pleased that Firstrade selected Morningstar as part of its redesigned website,” Kunal Kapoor, head of client solutions for Morningstar, said. “Our mission is to create great products that help investors reach their financial goals. We share a common commitment with Firstrade to help investors by providing them with insightful analysis, effective tools, and comprehensive data.”
About Firstrade Securities Inc.
Firstrade is a leading online brokerage firm offering a full line of investment products and tools to help investors take control of their financial future. Since its founding in 1985, Firstrade has been committed to providing high value and quality service to our customers. Combining proprietary trading technology, a highly intuitive user interface, outstanding customer service, and mobility applications, Firstrade is a comprehensive solution for all of your investing needs. Firstrade is a member of FINRA/SIPC. For more information, visit https://www.firstrade.com.
About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individuals, financial advisors, and institutions. Morningstar provides data on approximately 433,000 offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on nearly 10 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and has approximately $ 166 billion in assets under advisement and management as of June 30, 2013. The company has operations in 27 countries.
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Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
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Posted in Foreign Exchange | Tags: Broker, Firstrade, Introducing, Online, Research, Tools | 3 Comments »
UBIC Participates in the 36th Annual International Legal Technology Association Conference
Redwood City, CA (PRWEB) August 15, 2013
UBIC, Inc. (TSE: 2158; NASDAQ: UBIC), a provider of strategic international litigation support and forensic solutions, will be a sponsor of this year’s annual International Legal Technology Association conference in Las Vegas on August 18th – 22nd. UBIC will be giving hands-on demonstration of its latest and advanced predictive coding technology (CJK TAR™), already in use by its clients for real/ live projects. UBIC aims to demonstrate the benefits of its proprietary, integrated technology platform, Lit i View™, along with its advanced predictive coding feature. Lit i View 6.6 improves accuracy; provides faster turnaround times and decreases legal spend while being highly effective in international litigation matters.
“An integral part of our strategic global vision as a publicly traded company listed on NASDAQ is to continue our outreach internationally as a leader in Asian-language predictive coding in the legal arena worldwide,” said Masahiro Morimoto, Founder, CEO and Chairman of UBIC. “We continue to be a pioneer in cross-border litigation projects, enabling law firms and corporations to overcome the cultural and language barriers in a context of constant pressure to reduce litigation costs.”
“As the eDiscovery market evolves thru acquisitions or integration of multiple providers, those with comprehensive technology offerings and services will survive and emerge as leaders. UBIC offers an innovative combination of full-spectrum EDRM software plus forensic services globally”, emphasized Mr. Naritomo Ikeue, President and COO, UBIC North America, Inc. “The latest version of our eDiscovery software, Lit i View 6.6, which includes proprietary, internally developed, advanced predictive coding technology (CJK TAR™) is specifically tuned to address the difficult Asian-languages in addition to English, which is the main focus for all the other providers”.
We look forward to meeting you at the International Reception co-sponsored by UBIC or introducing you to CJK TAR at our booth (#527 along with some refreshments -sake and Japanese beer) during the four day educational International Litigation Support conference next week.
About ILTA
For over three decades, ILTA (International Legal Technology Association) has provided peer-networking and information resources to those who support technology in law firms and law departments worldwide. An ever-growing membership base; bigger and better annual conferences; more meetings, webinars and other peer networking opportunities; a greater number of white papers and surveys and more volunteer authors are just some of the reasons ILTA is so successful. For information about ILTA, visit http://www.iltanet.org/.
About UBIC
UBIC, Inc. (TSE: 2158; NASDAQ: UBIC) is a leading provider of Asian-language eDiscovery solutions and services. UBIC has extensive eDiscovery and forensic experience and expertise with information documented in Japanese, Korean, Chinese as well as English languages, and applies its expertise in connection with cross-border litigation, administrative proceedings and internal investigations, including those related to anti-trust investigations, intellectual property (IP) litigation, the Foreign Corrupt Practices Act (FCPA) and product liability (PL) investigations. UBIC serves its clients from offices in Japan, the United States, South Korea, Taiwan, Hong Kong and the United Kingdom.
UBIC’s proprietary technology platform, Lit i View™, version 6.6, is an innovative eDiscovery solution that accurately handles Asian-language characters, encoding schemes and native file systems. UBIC also recently launched its flexible and customizable Legal Cloud™ service to address the problem of rising costs associated with the growth and dispersion of data volumes across the globe, along with prolonged investigations and litigations.
With flexible, customizable end-to-end solutions and services covering the entire electronic discovery reference model (EDRM) life-cycle for corporate litigation strategy and crisis management, UBIC has assisted clients in more than 310 administrative and legal proceedings in the United States, including Department of Justice (DOJ), International Trade Commission (ITC) and Securities and Exchange Commission (SEC) investigations and more than 800 corporate investigations in Japan, South Korea, China, Taiwan and Singapore. Assisted by highly experienced litigation attorneys, UBIC provides a range of services facilitating fact discovery, patent management, security, internal audit and regulatory compliance that can provide a significant cost savings to its clients.
For more information about UBIC, contact info(at)ubicna(dot)com or visit http://www.ubicna.com
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Posted in Foreign Exchange | Tags: 36th, Annual, Association, Conference, International, Legal, Participates, Technology, UBIC | 5 Comments »