PRLog - Feb. 10, 2014 - SYDNEY, Australia -- Core Liquidity Markets, an Australia-based Forex, Metals, CFDs and Binary Options Financial Services Firm, has announced spot trading on the Indian Rupee. The USDINR pair will be streamed and made available for spot trading via the MetaTrader 4 platform provided by Core Liquidity Markets.
The market for exotic pairs such as the Indian Rupee is an offshore market to speculate and hedge in currencies of countries wherein there is no full convertibility (both capital account and Current Account). Some of the exotic traded currencies are Indian Rupee, Chinese Yuan, Brazilian Real and Korean Won.
The Indian Rupee rose 9% over the US Dollar in September making it one of the best performing emerging market currencies for the month. Many experts feel that since the currency has stabilized from a dramatic drop earlier in the year the Indian government should be easing its controls on the currency.
Michael Markarian Managing Partner at Core Liquidity Markets said, “India has established itself as one of the strongest and fastest growing economies on the globe. As a result there has been dramatic interest in trading the Indian Rupee and we are excited to offer this product to our existing clients as well as future ones.”
To learn more about Core Liquidity Markets and its programs or to try a demo account, go to www.clmforex.com.
About Core Liquidity Markets
Core Liquidity Markets provides a marketplace for private investors, introducing brokers, asset managers and high-frequency traders alike, offering faster round-trip execution and complete transparency of pricing. The company’s principals and management team has over 40 years combined experience in the financial services industry. They have held roles in trading, banking, futures clearing, brokerage, and technology firms, some of which are amongst the largest in the world.
Disclaimer: Trading of foreign exchange contracts, contracts for difference, derivatives and other investment products which are leveraged, can carry a high level of risk. These products may not be suitable for all investors. It is possible to lose more than your initial investment. All funds committed should be risk capital. Past performance is not necessarily indicative of future results. A Product Disclosure Statement (PDS) is available from the company website . Please read and consider the PDS before making any decision to trade Core Liquidity Markets' products. The risks must be understood prior to trading. Core Liquidity Markets refers to Core Liquidity Markets Pty Ltd. Core Liquidity Markets is an Australian company which is registered with ASIC, ACN 164 994 049. Core Liquidity Markets is an authorized representative of Direct FX Trading Pty Ltd (AFSL) Number 305539, which is the authorizing Licensee and Principal.
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Core Liquidity Markets Announces Trading on the Indian Rupee
February 10, 2014 at 12:46 PM EST
