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All Press Releases for June 11, 2005 Subscribe to this News Feed  
 

CFOS/FX Launches Online Forex Option Trading Service

Easy-to-use Forex Option Trading Platform Fills Void

(PRWEB) June 11, 2005 -- While being an essential means for managing risks and hedging in most traded markets, options have not been readily available to the average online foreign exchange (forex) trader. After all, the forex market is the most liquid market in the world trading approximately $2 trillion everyday. So where are the forex option providers?

To fill this void, the Forex Trading Division of Commodity Futures and Options Service, Inc. (CFOS/FX), is pioneering online forex option trading by offering vanilla forex options to traders as a hedging instrument or as a way to invest in the spot market. In our continuing effort to provide our foreign currency clients with state-of-the-art forex trading products and technology, we are proud to provide a real-time online forex option trading platform to our clients" explains CFOS/FX Managing Director, Victor Guerrero. When you start your online foreign exchange option trading experience with CFOS/FX, you will realize the uniqueness of the online forex option trading platform at first sight - there are few forex brokers offering anything comparable to the forex online option trading software offered through CFOS/FX."

The forex option trading service CFOS/FX provides is further distinguished by offering vanilla forex options rather than the exotic options offered by some of the other forex firms. In simplest terms, vanilla forex options would be defined as the buying or selling of a standard forex call option contract or forex put option contract" adds Guerrero. There are only a few forex option brokers worldwide who offer plain vanilla forex options online with real-time streaming quotes 24 hours a day. Most forex option brokers and banks only broker forex options trading via telephone. Vanilla forex options for major currencies have good liquidity and you can easily enter the market long or short, or exit the market any time day or night."

About CFOS/FX:
CFOS/FX is the over-the-counter (OTC) trading and brokerage division of Commodity Futures and Option Service, Inc., an Independent IB registered with the Commodity Futures Trading Commission since 1988 and member of the National Futures Association. CFOS/FX brokers forex spot and brokers forex options online as well as commodity futures and OTC gold and silver online.

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John Nobile
CFOS/FX
877-423-6739
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