Monday, June 9, 2014 khaleej times
khaleej times / ADVERTISING SUPPLEMENT
Trading in stocks, commodities and bullion offer a good alternative for long-term wealth creation. While you work hard and save diligently, money invested wisely can reap huge benefits and build a nest egg for a comfortable retirement. Here are three of the leading names in the industry, sharing their views on foreign exchange, stocks and bullion markets.
TrusTWOrTHY COnDuITs Johny Abuaitah, CEO of Windsor Brokers Ltd, talks about the company and its secure trade platform in an exclusive interview with Khaleej Times: Over the years, many brokers appeared in the mark et only to vanish a few years later. Windsor Brokers has been around for 25 years. What were the main strengths that kept the company strong enough to overcome the various economic, political and financial challenges of the past two decades? I would say our experience, security and professionalism. You know, it is no coincidence that the President of the Republic of Cyprus was our Guest of Honour at our Silver anniversary celebration. We have been active in the financial markets for over 25 years and are known to be conservative, for implementing and adhering to strict risk management policies and internal procedures. These are crucial for maintaining the right balance and credibility with the authorities, clients and business partners. How is Windsor Brokers a secure investment firm? In 2013, we were ranked as one of the top 10 CIFs (Cost, Insurance and Freight) based on capital reserves and actually the biggest in its field. Based on our latest financial reports, our capi-
Johny Abuaitah tal adequacy ratio as on December 31, 2013, was equal to 40.14 per cent, which is well above the minimum required ratio of 8 per cent. Windsor is also a European investment firm that is licensed and regulated by CySec and authorised/registered by major European entities. What kind of financial products/services does Windsor offer to retail and corporate investors? Windsor offers FX, CFDs and Futures OTC (Over the Counter) trading, Binary Options and GWAZY. Our partnership programmes include Business Introducer, White Label, Web Affiliate, Liquidity Provider and Sponsorships. What was Windsor’s first big achievement? Well, everyone knows the Metatrader platform but not many know that Windsor was actually the first broker to offer the first version of Metatrader — ‘MT3’. Windsor also created and adopted the term ‘lot’ for FX trading, simplified account statements and calculations of rollovers, commissions. What is Windsor’s latest innovation? Our latest innovation is GWAZY. We were part of the creation and development of the latest trading platform and method available in the market today. We are also acting as the liquidity provider and are cooperating with Gwazy
Ltd for the creation of new trading methods, which will be integrated within the same platform. Another mega innovation was the GWAZY Brokers Solution, which was launched during one of the biggest B2B conventions, the iFXEXPO. It is a unique white label solution where front end and back-end are web-based, only takes two weeks to setup and includes everything from A to Z; platform, manager, risk management, tools, media kit and support. You were a key person for the introduction of FX trading in Cyprus as you established the first CIF. Did you expect Windsor to become one of the most renowned brokers? We began our operations in 1988 with only a handful of employees. Year after year, we worked hard and expanded gradually in order not to compromise the quality of our products, the ethical manner in which we offer our services and support proficiency. But I did not do it on my own; I have my team to thank for that which consists of 120 persons today. You know, loyalty begins from within a company and at Windsor we are committed; many employees have been with us for over 10 years. If you had to do it all over again, would Cyprus still be your establishment destination? I would, for both personal and business reasons. From a personal aspect, Cyprus reminds me of my home country Palestine. It has many similarities with regards to culture, climate, traditions and principles. The beauty of Cyprus is that you can grow professionally without compromising your quality of life. From a business aspect, the fundamental reasons are Cyprus’ solid jurisdiction, strategic geographical location, favourable tax system, good infrastructure and highly qualified personnel.
Get precious with gold and silver trading easy-forex has some unique benefits for flexible leverage up to 1:600 and highly competitive, fixed spreads FOR centuries, precious metals have been used by various tribes and civilisations to portray their wealth and high status. Gold and silver were not only traded as coins and currencies — archaeological discoveries revealed that they were also used as jewellery probably long before recorded history. Apart from its direct monetary value, recent technological advancements discovered that gold is also useful in the production of electronics components. However, one can argue that the shiny yellow metal is most famous for investment purposes. The main reason for that is because gold tends to increase in value during periods of economic and geopolitical uncertainty and hence its status as a ‘safe haven’ asset. Traders often turn to gold investing to hedge against inflation and also to take advantage of investment opportunities when the US dollar’s price decreases. recent rise of gold prices Similar to gold, silver also provides good opportunities in entering the commodities markets. It is sometimes referred to as ‘gold’s poor cousin’ but don’t get the wrong idea as silver is another great to diversify a portfolio
James Trescothick, senior Dealer, easy-forex rIsk WArnIng: Forex, Options, Commodities and CFDs (OTC Trading) are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. Please ensure that you understand fully the risks involved and do not invest money you cannot afford to lose. The information provided can under no circumstances be considered as a recommendation to engage in any trade. — EF Worldwide Ltd
and is an alternative to gold as a safe haven investment. Silver’s growing demand surprisingly comes from the industrial sector as it is used in an expanding list of industrial products such as electronics, cars and the solar power industry. It would be naive to assess the true value of gold by studying short-term price fluctuations as there is evidence that despite the decreased supply of the precious metal over the years, there is an ever-increasing demand for it. The same applies for silver; don’t be surprised as on-going technological advancements demand increasing quantities. Trading gold and silver has become increasingly popular and companies like easyforex make it easy for anyone to access these markets online. Alongside a full currency, commodities and metals offering, easyforex has some unique benefits traders look at for flexible leverage up to 1:600 and highly competitive, fixed spreads. It offers a safe trading environment with client fund security and more importantly guarantees stops, meaning no matter how volatile the markets get, traders always know what they are paying. It also provides advanced charting and free technical reports tracking the gold and silver rates at any given time. Gold may be traded as a forex option — one of the more exciting financial instruments to enter the market recently.
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khaleej times Monday, June 9, 2014
ONLINE FOREX TRADING
Marching ahead Indian markets set to build on impressive gains, says Gaurav Kashyap, Head of Futures Trading Alpari ME DMCC IndIan markets have gone through a renaissance following the clean sweep by the BJP in the recently concluded elections. after peaking at 63.30 against the US dollar in January, the Indian Rupee has gained more than 6.6 per cent through the first five months of 2014. during this period, the bellwether index, Sensex, gained more than 20 per cent to set a record high at 25,175 at the end of May. With so much optimism pouring into Indian markets as a result of the positive election results, the gains in India are set to continue. The conclusion of the elections has removed a large amount of uncertainty from the markets and large inflows from foreign Institutional investors is set to continue, which will see further gains in the Indian Rupee. a closer look at the economic picture of India suggests the once roaring tiger isn’t out of the woods just as yet. Recent data showed that GdP during the first quarter came slightly below expectations at 4.6 per cent (versus 4.7 per cent) and although recent manufacturing and services figures showed signs of growth across both sectors (51.4 and 50.2, respectively) it will be inflation figures that markets will turn to next to gauge much of a threat inflation is. Following sluggish growth and burdened by higher price pressures, the Indian economy has recorded growth below 5 per cent for the second consecutive year, following growth rates in excess of 8 per cent just two years ago. Inflation needs to be reined in and in the short term, all eyes will fall on the consumer price index, which is expected to come in at 8.59 per cent. a figure below this
❖ The Indian rupee looks good to test the channel between 58.00 and 58.30 in the weeks ahead ❖ The 30-share bellwether index, sensex, will continue to march to new highs on the back of renewed optimism ❖ The Indian rupee contract, along with the BsE sensex index on Dubai Gold and Commodities Exchange (DGCX) will continue to benefit, and will provide good opportunities for both overseas Indians, as well as non-Indians.
khaleej times / ADVERTISING SUPPLEMENT
Gaurav kashyap is the head of Futures Trading at alpari ME DMCC, a leading provider of online trading services for foreign exchange, precious metals and contracts for differences. he is responsible for overseeing all the operations and trading activities of alpari’s futures trading desk. In addition to his role as head of Futures trading, kashyap also heads the macroeconomic research and analysis at alpari ME DMCC. he is a regular commentator on global and regional markets and writes reports providing valuable insight on the currency and commodity markets, appearing regularly on a variety of print and broadcast outlets. prior to joining alpari, kashyap worked at advanced Currency Markets (aCM) from 2007 to 2010 and was instrumental in launching the company’s futures product offering. kashyap began his career with MF Global where he was part of the founding team that set up the firm’s operations in Dubai. During his time at MF Global, kashyap worked across numerous business lines at the brokerage business, including compliance and risk management, and played an integral part in developing the company’s business in the region. kashyap has a Ba degree in Macroeconomics from New york university, New york and aside from the us, he has spent time in the uaE and Italy.
would be necessary for Indian markets to continue their recent, impressive gains. despite the mixed economic docket, we expect the gains to continue in the short to medium term. The Indian Rupee looks good to test the channel between 58.0058.30 in the weeks ahead with resistance coming in at 60 levels against the Greenback. The Sensex will continue to march to new highs on the back of renewed optimism and buoyed by increased foreign investment flows into India. The Indian Rupee contract, along with the BSE Sensex index on dubai Gold and Commodities Exchange (dGCX) will continue to benefit by this renewed interest in Indian markets, and they will provide good opportunities for both overseas Indians, as well as nonIndians to tap into these markets and take advantage of these upside moves in the near term.
During the first five months, the bellwether index, sensex, gained more than 20 per cent to set a record high at 25,175 at the end of May. With so much optimism pouring into Indian markets as a result of the positive election results, the gains in India are set to continue.
With the Indian elections concluded, the Indian Rupee is set for some impressive gains. Seize the advantage of the rising Rupee and ensure its smooth sailing from here.
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