eSIGNAL AND FXCM OFFER AN INTEGRATED ONLINE FOREX TRADING SOLUTION

Discussion in 'Events' started by Raphel Finelli, Apr 27, 2004.

  1. Raphel Finelli

    Raphel Finelli eSignal

    eSIGNAL AND FXCM OFFER
    AN INTEGRATED ONLINE FOREX TRADING SOLUTION

    Partnership Provides Real-Time Forex Rates plus Charting and Analytics from eSignal and Direct Execution of Forex Trades from FXCM

    Hayward, CA., April 27, 2004 - eSignal, a division of Interactive Data Corporation (NYSE: IDC) and a leading provider of streaming, real-time financial market data, news, analytics and decision support tools to professional and individual traders, and Forex Capital Markets (FXCM), a Futures Commission Merchant specializing in foreign exchange transactions, today announced a new Forex trading feature that allows FXCM Forex traders to monitor market activity, identify trading opportunities and execute trades from a single, integrated platform.

    eSignal with FXCM integrates eSignal's streaming market data, charting package and customizable formulas with FXCM's direct access execution abilities, thus eliminating the need to
    switch between applications to monitor and execute Forex transactions.

    With eSignal and an FXCM account, eSignal users may now:

    - Execute Forex trades on FXCM's trading platform via a direct link from eSignal's market data and charting application
    - Send market orders directly to FXCM's trading platform
    - Obtain split-second trade executions from FXCM
    - Monitor open positions via a direct link from eSignal to FXCM's trading platform

    eSignal with FXCM also introduces customers to Tahoe Charts for Forex, a low-priced, yet robust and easy-to-use charting package that provides indicators and drawing tools for trend analysis and assistance in making buy and sell decisions.

    "Forex trading offers 24-hour trading, transparent pricing, and low transaction costs. As a result, the active trading community is embracing Forex trading in record numbers and looking for high-quality brokerage and analytic products," said Drew Niv, Chief Executive Officer, Forex Capital Markets. "Our relationship with eSignal gives FXCM subscribers a consistent means for not only back testing diversification strategies, but also for charting, analyzing and facilitating execution of timely Spot FX trades."

    "We are excited to be teaming up with FXCM and providing to our customers an integrated Forex trading offering," stated Chuck Thompson, president of eSignal. "eSignal has specialized in providing Forex traders with real-time data and sophisticated technical analysis tools that help to facilitate quick, informed trading decisions. Integration of eSignal with FXCM's direct access tools allows traders to act on their decisions as those decisions are made."

    Availability

    Access to Forex trading through FXCM is available to eSignal clients who have a brokerage account with FXCM. Interested clients should visit www.esignal.com or call toll free, 1.800.433.6072. To open a brokerage account with FXCM, call 1.888.503.6739 or visit www.fxcm.com. For information on Tahoe Charts, visit www.tahoecharts.com.

    About FXCM

    FXCM (www.fxcm.com) is a global leader in the emerging field of online Forex trading. Through the firm's proprietary trading platform, FX Trading Station, FXCM enables retail and institutional clients to trade on Forex market movements. Because Forex trading is conducted in a global environment, the firm offers 24-hour trading and operates offices in New York, London, Hong Kong and Tokyo. FXCM serves over 40,000 clients, executing over 800,000 trades through the FX Trading Station on a monthly basis. The firm is privately held by a consortium of investors, including the Refco Group.

    About eSignal

    The eSignal division (www.esignal.com) of Interactive Data Corporation (NYSE: IDC) (www.interactivedatacorp.com) is a leading global provider of financial and business information to professionals and active individual investors. Building on a 20-year legacy of delivering time-sensitive financial information, eSignal provides streaming, real-time market data, news and analytics. The company's suite of products includes eSignal, eSignal Market Scanner, Advanced GET, eSignalPro, MarketCenter, Tahoe Charts, and QuoTrek.