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EU Banks Call For Clearer Communication For This Year’s Stress Test

February 13, 2011 by · Leave a Comment 

There’s no doubt that banks in the European Union are anything but sound as there are regular yearly checks that have been put in place to determine their health. Also know as a “stress test”, the last year’s test only saw Irish banks being able to pass the demands that were made, only to be rescued later.

And yet the markets considered this test to be one that resulted in failure due to the lack of communication between them and officials from the European Commission, European Central Bank and regulators from various European Union states.

And this lack of communication as to the methodology used to ascertain whether banks was in good health or not was the reason why markets were completely in the dark until the results were declared, and even causing the regulators’ website to crash due to the number of people trying to download the final report.

However, Simon Lewis, who is the chief executive for the Association of Financial Markets in Europe, said that if they were able to not only identify the methodology that they were using this year clearly, and were able to provide these details early, it would give the markets time to respond appropriately.

And while the tests will be tougher this year, according to regulators, that will not only test liquidity but also impose bigger losses on holdings of government bonds, the markets remain convinced that a lack of surprise along with being able to set a specific date for the release as well as specifying what will be released as well will help them meet the requirements of most stringent stress tests.

Why One Should Use Finexo Forex Software

February 7, 2011 by · Leave a Comment 

Learning to Forex invest requires a skill set that has to take into consideration several controllable and uncontrollable factors. And while technology and the internet have changed the way people invest these days, the power has been brought back to the people as well.

But how can one learn to invest in Forex especially if they do not know anything?

For one, all you have to do is look for some authentic sites over the internet that not only offer tips, signal, Forex lessons and an account that can get your started, you can also find websites that provide the latest news that could affect the Forex market, and more specifically, affect the currency pair that you might trading with.

Speaking of trading software, one can try using the Finexo Forex software that is not only user-friendly but is suited for all kinds of users, whether for the rookies or the pros. For the first type of users, one will get access to a serious crash course in Forex investing and also learn how to invest before actually investing any money.

And for the pros, one will get access to expert reports in regards to the news apart from tips, signals and so on and so forth so that they can make their move in order to make a tidy sum when the time comes. And if that’s not enough, use robots such as the Forex Megadroid to do their work for them.

Merchant Services: Much More Than a Free Credit Card Machine

February 5, 2011 by · Leave a Comment 

Merchants have enough to deal with on their own. That’s the truth. Whether they run a small or big business, the thing is that they have costs and cannot afford to have things against their needs. Of course, most of these issues relate to the flow of funds.

Funds that are often controlled by their merchant services that sometimes can do much more than just offer one freebies in the form of a free credit card machine. Well, the first thing that they can do is ensure that the funds flow freely while ensuring that all merchants, whether big or small, are offered the same benefits or at least treated just as importantly.

While some merchant services offer a free internet merchant account to some, others can just make a start by processing their payments much faster since everyone’s got bills and employees to pay as well as their stomachs to fill.

While these are just the basics, perhaps one can judge the abilities of a merchant services company by also seeing if they offer competitive prices for ecommerce merchant accounts as well. After all, this requires the company to not only stay up to date with the latest technology but to also allow these merchants to offer a number of payment options for their customers as well.

One way or another, the fact remains that the best merchant services understands their customers, and helps them achieve those goals in the best way possible.

How The Internet Has changed Forex Trade

February 2, 2011 by · Leave a Comment 

With Forex brokers not necessarily having the best reputation in the market these days, the horror stories of those who have been cheated by them, tends to circulate and thus discourages people from even making their foray into the Forex market, even if they are cautious by nature.

However, all this has changed due to the fact that the internet now plays a large role in protecting the interests of web traders everywhere. And since Forex trade has always been about capitalizing on the benefits of the currency exchange values between money pairs, there are several (read: easier) ways by which one can find information that will help them make a tidy (not huge) profit.

For this one must have a plan, as to which market to invest in, and stick with. Taking calculated risks is one of the most important strategies as well, and this means that with all the information that is out there in the form of news and tips, one must be able to cast aside all the useless information as well as keep only what is pertinent to their investing strategy.

Not only does the internet assist traders by providing them with the latest news but also offers them a new way to invest in the Forex market through websites that require them to download software while also learning the tricks of the trade.

One such software that is becoming increasingly popular these days is the Forex trading eToro that doesn’t even need one to invest any money not before he learns the ropes. And with this kind of assistance that is provided, one can easily discard their fears and begin to take their first steps towards Forex trading.