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Reach the unreached
Every day, millions of people around the globe attempt to improve their financial circumstances. Unfortunately, the vast majority fail to make any appreciable difference - in fact, a large proportion of that majority simply succeed making their circumstances worse, not better!
Xubis is staffed by a small group of forex specialists. We understand that most people have neither the time nor the aptitude to succeed in the fast-paced world of forex, and that is where the Xubis team can really make a difference to the average person...
Foreign exchange or just forex are terms used to describe the trading of the world's currencies. The forex market is the largest tradeable market in the world, with trades amounting to more than USD 1.6 trillion every day. Most forex trading is speculative, with only a few percent of market activity representing governments' and companies' fundamental currency conversion needs.
Unlike trading on the stock market, the foreign exchange market is not conducted by a central exchange, but on the 'interbank' market, which is thought of as an OTC market. Trading takes place directly between the two counterparts necessary to make a trade, whether over the telephone or on electronic networks. The main centres for trading are Sydney, Tokyo, London, Frankfurt and New York. This ********* distribution of trading centres means that the forex market is tradeable at 24-hour a day.
A currency trade is the simultaneous buying of one currency and selling of another one. The currency combination used in the trade is called a cross - for example, the GB Pound/Japanese Yen, or the Euro/US Dollar.
As we hope you can appreciate, although this wealth-building strategy appears simple, it is certainly not easy. For a start, the time requirements are quite high. Furthermore, it requires a detailed understanding of the marketplace and, finally, it also requires a large amount of financial backing to allow worthwhile returns to be achieved.
In essence, what we bring to this 'partnership' is our time, expertise and skill. What our 'partners' bring to the table is the funding that allows the system to work. There are a number of opportunities that present themselves every week but only the extremely wealthy have the resources available to take advantage of more than a few - that is why we decided to form this 'team'.
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17-01-2008, 10:19 AM #1
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