FOREX

FOREX is a registered Futures Commission Merchant (NFA ID #0339826) and a division of GAIN Capital Group. A pioneer in online foreign exchange, GAIN Capital Group provides forex trading & asset management services to institutional investors and professional money managers in over 140 countries.

At FOREX.com, individual forex traders can take advantage of the market expertise and financial strength of GAIN Capital Group and access an institutional currency trading platform, FOREXTrader, along with powerful real-time forex charts, professional forex market research, and a suite of advanced forex trading tools.

For traders new to the forex market, FOREX.com offers forex training programs, forex minis, and information about trading the forex market.

Earn up to $2000 when you transfer your account to FOREX.com
04.12.07 - Euro Rises To More Than Two-year High Vs. Dollar On Rate Outlook (Dow Jones)
04.02.07 - Dollar Edges Lower After Weaker Manufacturing Data (MarketWatch.com)
03.30.07 - Dollar Tumbles After U.S. Imposes Sanctions Against China (MarketWatch.com)
03.27.07 - Patsystems plc Adds Forex Trading to J-Trader via GAIN Capital Group
03.16.07 - Dollar Rises vs Yen After March Philly Fed Data (Reuters)

Benefits Of Online Banking

Benefits Of Online Banking

More Free. Fast. Secure.It's FREE. We don't charge for online banking or to pay bills online from a Bank checking account.It's FAST. There's no complicated software to download or learn. Just register and set up your user name and password, and you're ready to go!it's SECURE. You can bank online ecurity features are designed to guard your personal information. In the unlikely event that a fraudulent online banking transaction occurs while on our site

Reasons to sign up for Online BankingGet account information at your convenienceWhy wait for paper statements to balance your checkbook? With Personal Online Banking, you can:See account details for your eligible checking, savings, CD, loan, line of credit and mortgage accounts.

Check account balances and payment history.Transfer funds between eligible Washington Mutual deposit accounts—and schedule future transfers.Download account information to Personal Financial Management software, such as Quicken® or Microsoft® Money.Save shredding time (and trees)—if you sign up to receive Online Statements, you can opt to stop getting paper statements in the mail.Pay bills online—free of feesKick the check-writing habit—and kiss envelopes, stamps and stacks of paper goodbye. With our online Personal Bill Pay® service, you can:Pay virtually anyone in the United States from your eligible checking account.Schedule payments in advance—both one-time and recurring payments.Pay multiple bills quickly, from the same screen.See 18 months of your bill payment history.

Get a great deal—no matter how many bills you pay each month, Personal Bill Pay service is free (subject to funds availability, of course).Pay bills on time—guaranteedYou won't have to worry about bill payments being late with our Personal Bill Pay service. When you initiate your payment four business days before the due date, you get our On Time Guarantee.

To take part, just remember to:
Schedule the first Payment to each Payee four (4) business days before the due date.Schedule the next payments two (2) Business Days before the due date for a Payment that is made electronically and four (4) Business Days before the due date for a Payment made by check.* You will know whether the On Time Guarantee is two (2) business days or four (4) business days before the due date by the Estimated Due Date (Deliver By Date) shown at the time you schedule your payment. (Due date does not include grace period, if any).Provide accurate payment instructions.Make sure you have available funds in your account to cover the payment.Not make a "restricted" payment, such as a court-ordered tax, securities settlement or international payment.

Please see our Online Banking Terms & Conditions for full details.Service your accountsNo more mail, phone calls or trips to the bank to service your accounts. Instead, you can just log on to:Order new checks—even order different styles for your checking account!Stop a payment on a deposit account check.Order copies of checks or paper statements.Update your address.Send secure online messages to Washington Mutual

What is Broker ?

A securities firm or an investment advisor associated with a firm. When acting as a broker for the purchase or sale of listed stock, the investment advisor does not own the securities him or herself, but acts as an agent for the buyer and seller and charges a commission for these services.

An intermediary. An individual or organization in-between the person/organisation that controls the funds and the provider/trader. A broker often knows someone who knows somebody else who may provide program trading. This chain of brokers is known in the business as a "daisy chain". There are thousands of "want-to-be”-, "hope-to-be”- and "wish-they-were” brokers in the high-yield business who are giving the industry a bad name.

A marketing specialist who represents buyers of property and liability insurance and who deals with either agents or companies in arranging for the coverage required by the customer.

A marketing specialist who represents buyers of property and liability insurance and who deals with either agents or companies in arranging for the coverage required by the customer.

In commerce, a broker is a party that mediates between a buyer and a seller. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Distinguish agent: one who acts on behalf of a principal.

In computing

In computing, a broker consists of software which mediates between two objects: typically between a client and a server or between a repository and a requestor or caller. See for example:

* object request broker
* storage resource broker
* tunnel broker
* message broker

* Information broker
* Broker, Outer Hebrides — village in the Outer Hebrides of Scotland
* The Power Broker — a biography of Robert Moses
* The Broker — a novel by John Grisham
* Limo Broker — Limousine rental broker.
* Loan Broker — Home loan broker company - Loanskey.

Stock broker

A Stock broker sells or buys stock on behalf of a customer. The stock broker works as an agent matching up stock buyers and sellers. A transaction on a stock exchange must be made between two members of the exchange — a typical person may not walk into the New York Stock Exchange (for example), and ask to trade stock. Such an exchange must be done through a broker.

In addition to actually trading stocks for their clients, stock brokers may also offer advice to their clients on which stocks, mutual funds, etc. to buy.

Transactions by stock brokers in the US and UK

In the US: When acting as an agent, the stockbroker typically charges the client a flat fee and/or a percentage-based commission for undertaking the trade, and the price quoted the client must be the best price available in the market. When acting as a principal, the trade could be with another market participant or one of the stockbroker's clients. When trading in a principal capacity with a client, the broker informs the client and charges the client a markup or markdown from the prevailing market price.

In the UK: Stock brokers act the same in the UK as in the US, except that when trading in a principal capacity with a client, the broker is obliged to inform the client and no commission is charged.

Other jurisdictions are thought to have similar rules.

[edit] Brokerage terms

Front office: This is a description of the part of a brokerage firm that is "client facing". The sales staff, brokers and traders are part of the front office. Functions of the front office include acquisition and entry of orders, fulfillment of the orders, and all the regulatory reporting for the orders.

Back office: The back office is where the clearance processing of the trades is done. Transfer of securities and money and the tracking of "failure to deliver" is handled. Securities lending for a brokerage firm, wherein shares of a security that is being sold short are located to ensure they can be delivered, is usually included in the back office as well.

* Prime brokerage
* Retail broker
* Low cost broker

[edit] Famous stock brokers

* Larry "Buster" Crabbe - Actor and former Olympic swimmer, Crabbe became a stockbroker and businessman after a career in film.
* Brian Dennehy - An actor, Dennehy worked as a broker for a time at the same firm as Martha Stewart.
* Edward Francis Hutton - Founder of the firm known for its slogan: "When E. F. Hutton talks, people listen." In the late '20s and early '30s, Hutton was married to cereal heiress Marjorie Merriweather Post. Hutton's daughter with Post was actress Dina Merrill, the one-time wife of actor Cliff Robertson. Hutton's namesake firm imploded into bankruptcy in the 1970s.
* Michael Milken - The financier came to fame at Drexel Burnham Lambert in the 1980s.
* George Murphy - Silent film and early talkies star Murphy worked for a time as a Wall Street runner.
* William A. Paine - co-founder of Paine Webber.
* Hemish Shah - Late English poker player, who left stocks for poker, going on to win a World Series of Poker bracelet.
* Martha Stewart - After she gave up modeling in the late 60s, Stewart worked as a broker on Wall Street for 7-8 years before launching her lifestyle business.
* Christopher Gardner - A man who grew from homelessness to being a multi-millionaire by stock broking.

Online Stock Market Trading

The Benefits Of Online Stock Market Trading

Regardless of whether you are an experienced stock trader or new to trading stock, you may never have experienced the joy of stock trading online. If that's the case, and you are currently thinking of trading online, you may want to know what all the fuss is about! To help you understand, the following are just some of the benefits of online stock market trading:

Commissions
One of the biggest, if not the biggest, benefit of trading stocks online is the reduced stock broker commissions you�ll be expected to pay. In most cases, when trading stock online, brokers will charge you a commission of between $7 and $10 per trade. However, if you trade in sufficiently large enough volume, it is possible for you to negotiate with your broker so that these brokers� fees can be as low as $0.01 of the transaction value.

Control
When you use a broker in the real world you may find that your broker will not agree to execute a trade, believing your decision to buy or sell the stock in question is flawed. When you trade stock online this is no longer a problem, your broker has no input as to when you buy and sell stock � you do!

Portfolio
In the real world some brokers will not buy certain stock � for example, some penny stocks. This may limit the stock you are able to have as part of your investment portfolio. However, when you trade online, subject to availability, you can trade in any stock - on any stock exchange - you want!

Information
With the use of computer software programs, you can use stock charts, technical indicators and real time stock prices to help you make the investment decision you want to make, when you want to make it.

Time
One of the essential elements about trading stock is the time it takes to execute the trade, as this can mean the difference between making a profit and making a loss. In the real world you have to phone your broker and ask him to sell/buy the stock. The broker then phones the trader, who gives the broker the price. The broker than tells you the price and you either agree to buy/sell or not to. If you agree to buy/sell, the trader then phones the order through to the trader. Online you push your mouse over a cursor and press buy/sell. A much quicker sell!

Volume
Assuming you are happy paying the commission, you can trade as large or small as you want over the Internet. In the real world, most brokers require a minimum buy/sell that is out of the reach of most individual traders.

Finally�
All in all, online stock trading is about �you�. It provides you with the opportunity to trade in stocks without having to pay large commissions while keeping control over your investment decisions.