Can anyone advise on what's required to form a German corp or other entity? With an eye to trading marketindex as a corp client.
Hey Riskarb, Really the only requirement to settup a German corporate entity is to swear an oath that you are fluent in Euroenglish - allow me to explain: The European Union commissioners have announced that agreement has been reached to adopt English as the preferred language for European communications, rather than German, which was the other possibility. As part of the negotiations, Her Majesty's Government conceded that English spelling had some room for improvement and has accepted a five-year phased plan for what will be known as EuroEnglish (Euro for short). In the first year, "s" will be used instead of the soft "c". Sertainly, sivil servants will resieve this news with joy. Also, the hard "c" will be replaced with "k." Not only will this klear up konfusion, but typewriters kan have one less letter. There will be growing publik enthusiasm in the sekond year, when the troublesome "ph" will be replaced by "f". This will make words like "fotograf" 20 per sent shorter. In the third year, publik akseptanse of the new spelling kan be expekted to reach the stage where more komplikated changes are possible. Governments will enkourage the removal of double letters, which have always ben a deterent to akurate speling. Also, al wil agre that the horible mes of silent "e"s in the languag is disgrasful, and they would go. By the fourth year, peopl wil be reseptiv to steps such as replasing "th" by "z" and "W" by "V". During ze fifz year, ze unesesary "o" kan be dropd from vords kontaining "ou", and similar changes vud of kors be aplid to ozer kombinations of leters. After zis fifz yer, ve vil hav a reli sensibl riten styl. Zer vil b no mor trubls or difikultis and evrivun vil find it ezi tu understand ech ozer. Ze drem vil finali kum tru.
We are not amused, NZ... Should they offer access to the energies, bonds and other indexes with spreads as tight as those for the Dax and Bund, they could become really popular,imho ! With regard to forex though, I'd rather go with Oanda, as Marketindex is only a more expensive version of Oanda, so to say.
Herrgott im Himmel, NZ, sometimes, when I hear ze Kiwis speak English, I sink zat ze Germans haf a better accent zan ze kiwis. But zis is only my 2 eurocents Well, I just had a delicious German beer ("Holsten") and am now going to hit the pillow. Gute Nacht !
Who exactly expects it to be available in other countries shortly? Have they indicated that it will become available for non-residents of Germany? Now that Oanda have completely lost the plot when it comes to widening spreads around new releases it's worth looking at this as an alternative.