Avalon FX Pro connects to Forex Capital Markets
22 January 2008 | 2185 views | 0
Avalon Capital Holdings Corporation (Pink Sheets:AVAL), and its wholly owned subsidiary, Traders Development, announced today that the Avalon FX Pro 4.1 Trading Terminal is connected to one of the largest retail foreign exchange liquidity providers, Forex Capital Markets (FXCM).
Clients have already begun to open up live trading accounts with FXCM utilizing the Avalon FX Pro 4.1 Front End Trading Terminal. Forex traders who want to open a live trading account with FXCM utilizing the Avalon FX Pro will find relevant information at tradersdevelopment.com.
Avalon Capital Holdings' wholly owned subsidiary, Traders Development, will generate revenues from the connection to FXCM based on the number of base-currency units transacted. Traders Development expects to generate between $10.00 and $60.00 for every one million base-currency units transacted over the FXCM Avalon connection.
Avalon Capital Holdings CEO, Dr. Vladimir Karpenkov said, "Today's announcement is a testimony of our continuous efforts to find strategic partners to achieve greater liquidity, tighter spreads, and state of the art trading technology for traders and Avalon clearing partners. FXCM is a leader in the spot Forex landscape. When coupled with our Avalon FX Pro proprietary trading technology, it offers a top class trading experience for clients."