Trading globalised

Trading globalisedGlobal Trading

Through the all in one trading account, we provide you with full access to all benefits of trading with XGLOBAL Markets without limitations.

A Better Broker

Competitive conditions without compromises. You trade only in a transparent environment without any charges in a Straight Through Process model.

Refined Spreads

We offer extensively refined spreads to the most competitive levels, ensuring that you trade with the lowest costs to achieve the highest potential for profit.

MetaTrader4 Perfected

Full Agency Model

XGLOBAL Markets is led by a team of Forex veterans that understand how Forex trading online is meant to be. It is for this reason that we work with a 100% ECN/STP model, low spreads and no commission charges or swaps. We are able to offer institutional terms of trading to all clients irrespective of their deposit level in one universal Forex trading account.

Since we rely on trade volume we have decided to offer some of the most competitive conditions in the market; we aim to be the best ECN broker with the lowest spreads in order to attract that volume from traders. Being able to provide direct market access to our clients also allows us to become the ideal Forex broker for scalping, hedging, expert advisors as well as other trading strategies.

Strategy trading double zero-top10binary options

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Advanced forex strategies online trading academy-the best binary options trading platform

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Ice futures europe

Ice futures europeICE Futures Europe

We're helping shape the future of markets around the world. ICE Futures Europe is home to futures and options contracts for crude and refined oil, interest rates, equity derivatives, natural gas, power, coal, emissions and soft commodities. So, whether you're hedging against the future cost of jet fuel, petrol/gas prices at the pump, a change in interest rates or the cost of electricity, our markets provide a cost-efficient way to support your objectives.

Clearing House

ICE Clear Europe was established in 2008 to provide central counterparty clearing services for ICEs global energy markets. Today ICE Clear Europe provides secure, capital efficient clearing, risk management and physical delivery services for ICE markets across interest rate, equity index, agricultural and energy derivatives, as well as European credit default swaps (CDS).

Online trading franchise opportunity guide

Online trading franchise opportunity guideOnline Trading Franchise Opportunity Guide

Take part in the future of franchising with business franchising opportunities in online trading. The move to the web for almost all businesses in varying degrees has propelled the online trading franchise industry to incredible success and innovation. Online trading is the perfect "be your own boss" franchise that lets you choose whether to work from the office or from home.

Business franchising opportunities allow franchisees the freedom of choice while still providing vital support from the franchisor. As the aphorism says, if it's not broke, don't fix it. The methods and practices employed in the online trading franchises have been tried, tested and refined into a proven successful formula. Not only do you have the opportunity to employ these successful methods when you start your own online trading franchise, but you also have the steady hand and guidance of the franchisor because they want you to succeed as much as you do.

Franchising is the industry's source for franchising news and opportunities. With the largest and most comprehensive listings of franchise opportunities anywhere, we've made it simple to find the franchise that's a right fit for you. With company details such as investment figures, franchise descriptions, business alliances, the number of current franchises and more, Franchising gives you the vital information you need to start off the right way on the path to online trading franchising.

Find out more about available business services franchise opportunities today, and find the online trading business franchise that provides the freedom and built-in know how that's a formula for success.

Franchise Businesses

WSI (We Simplify the Internet) is a global leader in digital marketing with presence in over 80 countries and a network of over 1,000 Digital Marketing Consultants.

Location:

Industry: Business Services

Founded: 1995

Online Trading Franchise Opportunity Guide

Take part in the future of franchising with business franchising opportunities in online trading. The move to the web for almost all businesses in varying degrees has propelled the online trading franchise industry to incredible success and innovation. Online trading is the perfect "be your own boss" franchise that lets you choose whether to work from the office or from home.

Business franchising opportunities allow franchisees the freedom of choice while still providing vital support from the franchisor. As the aphorism says, if it's not broke, don't fix it. The methods and practices employed in the online trading franchises have been tried, tested and refined into a proven successful formula. Not only do you have the opportunity to employ these successful methods when you start your own online trading franchise, but you also have the steady hand and guidance of the franchisor because they want you to succeed as much as you do.

Franchising is the industry's source for franchising news and opportunities. With the largest and most comprehensive listings of franchise opportunities anywhere, we've made it simple to find the franchise that's a right fit for you. With company details such as investment figures, franchise descriptions, business alliances, the number of current franchises and more, Franchising gives you the vital information you need to start off the right way on the path to online trading franchising.

Find out more about available business services franchise opportunities today, and find the online trading business franchise that provides the freedom and built-in know how that's a formula for success.

Franchise Businesses

WSI (We Simplify the Internet) is a global leader in digital marketing with presence in over 80 countries and a network of over 1,000 Digital Marketing Consultants.

Location:

Industry: Business Services

Founded: 1995

Strategic planning can-t get any easier!

Strategic planning can-t get any easier!Strategic Planning Cant Get Any Easier!

Our Clients

Building a strategic plan or engaging in strategic planning can make a difference, particularly when it has a long-term focus and is used as a management tool, rather than simply being an exercise in forms completion. Traditional strategic planning can be broken down into four sequential steps:

market research strategy formulation and planning strategy implementation results measurement and control

Market research to determine customer needs and identify future market trends is usually the initial step in strategic planning. Managers use the market research to define company mission, goals, and strategic plans for one, three, and five years. Company mission statements become refined by specifying financial, market share, and product mix goals. Implementation generally occurs through official directives and control systems that flow through divisions, departments, sections, and eventually to individuals. Each individual receive a set of objectives that, if achieved, allow the company to attain its mission and goals. Control systems focus on individual outputs or behaviors in the organization. Controlling outputs emphasizes results through management by objectives.

Commodities crude oil

Commodities crude oilCommodities: Crude Oil

Crude oil is a naturally-occurring substance found in certain rock formations in the earth. To extract the maximum value from crude, it needs to be refined into petroleum products. The best-known of these is gasoline, or petrol. Others include liquefied petroleum gas (LPG), naphtha, kerosene, gas oil and fuel oil.

Oil wells are used to release the oil from within the earth. Some of the earliest developed oil wells were drilled in

using bamboo poles. These oil wells were developed in 347 A. D. for the sole purpose of providing enough fuel to create a thriving salt industry. By the 1950s, crude oil became a global energy source, which in effect killed the whaling industry by making whale oil obsolete.

In the crude oil industry, there are oil names (such as Brent Light Crude Oil and Bonny Light) and there are oil types (such as light, heavy, sweet and sour). Light oil has a low density viscosity, while heavy oil is of higher density. Sweet oil has less sulfur, and sour oil has excessive sulfur. The world market prefers light, sweet crude oil, largely because it requires less refinement and production time before going to market. (Find out how to stay on top of data reports that could cause volatility in these markets in Become An Oil And Gas Futures Detective .)

A sample commodity futures contract for crude oil is shown in the following table.

Crude Oil Contract Specifications

Pokemon trading card game online code generator

Pokémon trading card game online code generatorPokemon Trading Card Game Online Code Generator

March 21, 2015

Pokemon Trading Card Game Online Code Generator

Pokemon Trading Card Game Online (sometimes referred to as Pokemon TCG Online, PTCGO, or TCGO) is a downloadable game, and the first Pokemon game of the MMOTCG (massively-multiplayer online trading card game) genre.

The game originally released on March 24, 2011 as browser-based game but became a downloadable game in 2012 for PC and Mac. An iPad client was added in September 2014. While it is currently still in its beta phase, it is stable, becoming increasingly refined, and being improved upon on a continual basis.

The game is based on the Pokemon Trading Card Game or TCG aspect of the Pokemon franchise and follows the same rules. The game is also free to download and use.

Experience with the trading card game is not required. It is accessible to both beginners and experienced players alike. It is also intended to be used by both children and adults. Players do not need to purchase physical Theme Decks or Booster pack from a store in order to play.

Players are provided with everything they need to begin playing, and there are multiple means of earning new cards and other rewards as the game is played.

Generator online codes to unlock multiple booster packs.

Community trading tips

Community trading tipsCommunity trading tips

Item Value

In general, the value of items is defined by their rarity, that is, the difficulty and/or expense in acquiring them by a player. By extension, item rarity is usually tied to an item's Quality. Hence, Unique weapons, the most usual drops in the game, generally have the lowest value of all items, due to them being the most usual drops, as well as being craftable. Mann Co. Supply Crates are also common drops and as such also considered of low value. Vintage items are considered more expensive, due to their originally higher crafting value, and their general unavailability at present. Strange items have a higher value than Unique items since they can only be obtained from Supply Crates, but their price varies wildly depending on each item's specific probability of being obtained from a Crate, their popularity and the availability of the crate they can be obtained from. Genuine item values are often higher than the aforementioned, due to the related expense of obtaining them as promotional items. and the limited time-frame to obtain them this way.

Haunted items are also considered to have a higher value, due to their dropping window being limited to Halloween events and maps. Festive weapons have a similar seasonal limitation, but are considered to be of a much higher value, due to the strict time-frame allowed for obtaining them from special Christmas Event crates, their relative probability of being obtained from crates, and their cosmetic decorations and popularity. Festive weapons of a Strange quality have an even higher value due to their even lower probability of being obtained.

Some items like the Mann Co. Supply Crate Key take a concept called Supply and Demand into account when determining its value.

Items of any quality are generally considered to be "dirty" when they contain additional descriptive text ("Gifted by ___", etc.), have had a Name Tag or Description Tag used on them or when they have certain trading limitations, such as needing gift-wrap or being uncraftable. Dirty items are considered to be of lesser value than "clean" items devoid of any of these attributes.

Items with attributes added by Tools. such as color from Paint Cans or Strange Parts. usually have a fraction of the value of such items added to the total value of the item up for trade.

Metal is often used as a trading currency by traders, and is traded for items according to their value in Metal. The value of specific items is usually given in terms of Refined Metal. or "ref" (e. g. 1.33 ref . 3 ref . etc.). To know how much metal is being asked for an item, the specific values for each type of metal are as given as: 1 Scrap = 0.11 ref, 1 Reclaimed Metal (or rec) = 0.33 ref, 1 Refined Metal = 1 ref. Since a scrap is produced from 2 weapons, a single Unique weapon is sometimes considered as equivalent to 0.05 ref. However, it is usual to see individual Unique weapons sold for a scrap each, by players trying to make profit out of trades.

For items with higher value, higher-level "currencies" are used. Keys are used as the next tier of currency, although their equivalent in Metal is often accepted as substitute when trading. Bill's Hats are sometimes used as the next level of currency due to their high value in Keys and/or metal. Earbuds. or "Buds", considered to be extremely rare and valuable, are often considered as the top tier of TF2 currency, and are used as such to buy and sell the most expensive items available. Alongside these, items of equal or "overpaid" (wanted amount + a certain % (eg 1.5 in item overpay)) value are sometimes used in trades.

Unusual Items

Unusual items are considered to be the most valuable and expensive quality for trade in the game by a wide margin. As such, they are considered to be in their own separate tier of high prices (usually given in terms of Earbuds or in keys to a lesser extent). In addition to the visual appeal of the Unusual Effects these items sport, their 0.1% probability of being acquired from Crates [1] makes them extremely hard to come by, and makes their base trading price extremely high. However, within its own realm of Unusual prices, the value of an Unusual item may vary wildly according to visual or thematic appeal, rarity, and general desirability.

The broker network

The broker networkBNL: 01423 877 800 BNU: 01423 877 854

Being part of Broker Network allows us to retain our independence but relieve some of the pressures associated with running a brokerage. They make it simple and give us what we need in key areas including Compliance, HR, Marketing and Placement.

MEMBERSHIP OPTIONS

Countrywide

Access to exclusive products designed to boost your profits and grow your business. Exclusive for Open GI users.

Welcome to Broker Network

Broker Network is the original network for independent brokers.

As the broking landscape has changed and evolved, Broker Network has continued to grow and now encompasses over 600 members. Our collective strength is a significant force in the industry giving members the peace of mind that they can retain their independence.

We have a unique recipe for success offering your business growth . protection and support . These benefits are as relevant today as when we first invented the sector.

Over the years we’ve refined and honed our service in response to brokers needs and the changing regulatory environment. All the time allowing our members to stay one step ahead as ultimately your success is our success.

Our distinctive approach is based on long term and productive partnerships underpinned by key principles of integrity, openness and being straightforward in everything we do.

Be part of the network that supports the growth and protection of independent brokers.

Trader education menu

Trader education menuCommodities Trading Strategies

It’s all in the spread

Trading in the commodities markets is often described as one of the most fascinating and absorbing of all the capital markets, and those traders who dip a toe in the water, often end up fully immersed, and ultimately never trade in any other market.

Commodities after all, represent the world’s largest supermarket for raw materials crucial to maintaining living standards and the global economies around the world. Oil underpins every economy, and is the single natural resource which dominates the news when prices rise or fall. Gold is another, which grabs the headlines, as investors rush to this ultimate safe haven when markets are volatile. Soft commodities are dominated by the weather and growing conditions, whilst base metals such as copper are driven by supply from major industrial nations such as China, as well as the effects of stockpiling. Demand for energy commodities can be seasonal whilst silver is driven both by demand from investors and industry.

Each commodity has its own unique profile but there is one aspect that many of them share, and this is the inter-market commodity spread.

The commodity markets in general spend a great deal of time focusing on a huge number of inter-market spreads that are driven by fundamental factors such as the interplay between supply and demand. This in turn is reflected in the production cycle itself, as the raw commodities are converted into refined products, in some cases where one commodity is substituted with another related commodity. Within this continuous pipeline, there are a myriad of ‘’spreads’’, which highlight the supply demand relationship, with the various energy crack spreads, the soybean crush spread, and the gold silver ratio being three of the most popular.

The crush spread

If we consider the crush spread first we can think of this as the profit made by the soybean crusher. As you may already know if you have read the ‘Softs’ page, soybeans are crushed to provide two key by products, namely soybean oil and soybean meal. For commodity traders the crush spread presents an interesting trading strategy.

The typical approach is to buy the spread or sell the spread. If we buy the spread then we are expecting higher crush margins, and as such we would buy the byproducts and sell the soybeans themselves, or alternatively if we sell the spread, then we would buy soybeans and sell the byproducts. The spread is typically achieved using ten soybean futures contracts to eleven soybean meal futures contracts and nine soybean oil contracts. However, to make things very simple one could simply buy and sell in the ratio one to one to one.

In order to arrive at the crush spread in cents per bushel, we have to do some unit conversions, since all three commodities are quoted in different formats. Soybean oil is quoted in cents per pound, soybean meal is quoted in dollars per short ton, whilst soybeans are quoted in cents per bushel. In terms of the crushing process, this generally produces around 11 pounds of oil per bushel and 44 pounds of soybean meal.

So in order to convert to cents per bushel we simply multiply the soybean meal prices by 2.2 ( converting to cents per bushel), add the soybean oil price multiplied by eleven, and then subtract the soybeans price. This gives the crush spread in cents per bushel.

The crack spread

The oil crack spread is similar to the crush spread for soybeans, and is referred to as the crack, as oil is refined or cracked into various refined products such as gasoline and heating oil. So once again we have a spread which is created between the raw product and the refined or byproducts of the refining process. In this case the spread or the profit for the refiners, is between crude oil futures and a combination of gasoline and heating oil futures. In order to construct the three legs of the trading strategy for oil. we first need to identify the approximate quantities of the cracked products produced from a barrel of crude oil. The general rule of thumb is that from three barrels of oil, the market can expect to see two barrels of gasoline and one barrel of heating oil. So using these ratios, we could then buy or sell the crack spread as follows:

For a buy, where we expect to see refining margins increasing, then we would

Buy two RBOB gas futures, one heating oil futures contract and

Sell three oil futures.

Alternatively, to sell the spread we would

Sell two gasoline futures, along with one heating oil futures contract, and

Buy one crude oil futures contract.

Once again we have to deal with the different units for each futures contract, and to simplify this, we could simply trade one crude oil futures contract against one heating oil futures contract, or alternatively one crude oil contract against one gasoline futures. Crude oil futures are based on the delivery of 1,000 barrels whilst heating oil and gasoline, are based on the delivery of 42,000 gallons. So to convert our crude oil and gasoline spread, we simply multiply the gasoline futures price by 42, and then subtract the our crude oil futures price, to give the spread per barrel. The same maths is applied to the crude oil and heating oil spread which once again gives the spread per barrel.

These spreads are of course seasonal with demand for gasoline increasing sharply in the summer months in the US, as the so called ‘driving season’ takes effect pushing gas prices higher as a result. The converse of this is demand for heating oil which reaches a peak in the winter months, although heating oil is slowly being replaced by natural gas.

Gold silver spread

Finally we have the ratio between gold, the ultimate safe haven and precious metal, and silver, the alternative to gold as an asset, yet classified as an industrial metal due to its increasing demand in a variety of industrial processes.

The ratio itself is simply one price divided by the other with the price of gold divided by the price of silver and is used by investors and the market as a general indication of relative value. The simplest strategy to employ here is one using options where we purchase ‘’put options’’ on gold and ‘’call options’’ on silver when the ratio is high, and the opposite when the ratio is low where we sell ‘’put options’’ in gold and sell ‘’call options’’ in silver. The strategy is based on the assumption that the spread will fall if the ratio is high, and increase if the ratio is low. This is a longer term strategy, and as such we would look to buy or sell long dated options or leaps when trading the spread using this strategy.

Whether you are a spread trader as outlined above, or a simple trend trader in the commodities markets, one of the keys to success is in understanding and watching price activity in related markets. In the case of a spread trader, it’s watching those products and instruments which give signals of a change in the underlying spread. So in the case of oil for example, the relationship we watch here is between oil, heating oil and gasoline, whilst in the soybean crush spread, its soybeans, soybean oil and soybean meal.

Or since commodities are priced in US dollars we could watch for strength or weakness in the US dollar, in particular those commodity currencies which tend to correlate such as the CAD/JPY, the AUD/USD and the USD/CAD.

Understanding inter market relationships is key for the commodity trader, regardless of the strategy you are using to trade, because being aware of movements in related markets significantly increases the likelihood of a trend speculation being accurate, and therefore increases the percentage of winning trades.

Palm oil futures

Palm oil futuresPalm Oil Futures

You might be wondering what palm oil actually is. Well it’s a kind of fatty vegetable oil, that’s produced by the oil palm tree. The oil palm tree is abundant on the coastal areas of Africa and can grow up to 20 meters high.

For commercial use, palm oil plants are generally grown in a nursery for around 1 – 1.5 years. They’re then transferred to fields, where they begin to produce fruit. The adult trees produce around 10 to 15 bunches a year. Each plantation can therefore yield around four tons of palm oil per year from the processed fruit.

Once the palm oil is extracted from the fruit, it’s refined, bleached and deodorized, then split chemically into palm olein and palm stearin. This makes the oil much more sale-able and enables the grower to receive a much higher price.

Why Trade Palm Oil?

Palm oil has several features that make it attractive to investors. First of all it’s a very stable substance, even in relatively extreme temperatures, so it’s perfect for food production; often it’s used for frying food.

Palm oil prices and attributes also mean it’s a good substitute for the more expensive cocoa butter. And finally it’s the worlds most exported vegetable oil, with around 80% of palm oil worldwide exported to the developed world. This world wide trade obviously makes trading palm oil futures a potentially lucrative undertaking.

Where are Palm Oil Futures Traded?

Palm oil futures are traded first and foremost on the Bursa Malaysian Derivatives exchange (BMD) under the contract codes FCPO (Crude Palm Oil Futures), FUPO (USD Crude Palm Oil Futures) and FPKO (Crude Palm Kernel Oil Futures). They’re also traded on other exchanges, for instance the Multi Commodity Exchange of India (MCX) where it is traded on the futures market under the ticker symbol of CPO.

Palm Oil Trading

Naturally the main consumer for palm oil is the food processing industry, with the palm oil trade forming an essential part of the operations of many large foodstuff producing corporations. China is the largest importer of palm oil, importing around 4 and a half million tonnes each year. The European Union trails only slightly behind this, with almost 4 millions tonnes imported per year.

Palm oil’s high level of availability and its low price, make it a significant player in the edible vegetable oil market. It’s the most abundant and therefore cheapest commercial vegetable oil available and is also the cheapest of the oils to refine and produce.

Palm oil also has many industrial uses, palm oil biodiesel, produced from refined palm oil, is a viable substitute to diesel created from crude oil. This is not without controversy however, as many farmers are replacing traditional food stocks in the developing world with more lucrative palm oil, thus creating a shortage of food in countries that can ill afford it. In some cases large areas of rain forest have been destroyed and replaced with palm oil crops.

Palm Oil Prices

If you’re looking to trade palm oil you need to be aware that prices can fluctuate, just like any other kind of commodity, so it’s important to pay attention to as many of the following factors as possible.

The price and demand of competing vegetable oils can obviously affect the price of palm oil futures, and the spot price of palm oil can be affected by changes in the weather, which always has a bearing the price of agricultural commodities.

The import policies and laws of various countries where palm oil production takes place can also change periodically, and this too can affect the price of palm oil futures. Since this is not a wildly speculative market, information is not readily available.

For instance you’ll have to find out who the major palm oil producing countries in the world are and monitor weather patterns. This is not the kind of information you’ll find on CNBC until it’s much too late and the information has already been priced into the market.

Because of this it can be a very lucrative market if you’re prepared to put the work in. Getting weather patterns from around the world is not as difficult as it used to be after all. If you want to try trading palm oil futures sign-up for an account with optionsXpress and carry out a few test trades using your virtual account. That way youll get a good feel for whether palm oil trading is for you, before risking any real capital.

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Our lowest forex spreads

Our lowest forex spreadsOur Lowest Forex Spreads

XGLOBAL Markets has carefully refined its Forex spreads in order to ensure that they are among the most competitive in the market. This results in trading costs that are reduced to levels so low that they are among the lowest in the industry. Such reduction offers significant benefits to you as you are free to trade without any restrictions but more importantly without any commissions or hidden fees.

0.8 pips spread and no commission charges, fees or swaps

Our lowest forex spreads start from 0.8 pips on EURUSD and USDJPY, and in combination with no commissions, fees or swaps we provide a premium trading environment not easily found elsewhere. These conditions make hedging, scalping and EAs more effective and we have no restrictions on any type of trading strategy. Your conditions will remain the same and the execution speed will always be instant. This is why we believe that we offer an unparalleled trading environment.

Our goals are in alignment with yours

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Degrees of freedom

Degrees of freedomDegrees Of Freedom

DEFINITION of 'Degrees Of Freedom'

In statistics, the number of values in a study that are free to vary. For example, if you have to take ten different courses to graduate, and only ten different courses are offered, then you have nine degrees of freedom. Nine semesters you will be able to choose which class to take; the tenth semester, there will only be one class left to take - there is no choice, if you want to graduate.

Sampling Error

Null Hypothesis

BREAKING DOWN 'Degrees Of Freedom'

Introduction

In control engineering, a degree of freedom analysis is necessary to determine the regulatable variables within the chemical process. These variables include descriptions of state such as pressure or temperature as well as compositions and flow rates of streams.

Definition

The number of process variables over which the operator or designer may exert control. Specifically, control degrees of freedom include:

The number of process variables that may be manipulated once design specifications are set

The number of said manipulated variables used in control loops

The number of single-input, single-output control loops

The number of regulated variables contained in control loops

The following procedure identifies potential variables for manipulation.

The Process

The method we will discuss is the Kwauk method, developed by Kwauk and refined by Smith. The general equation follows:

Degrees of freedom = unknowns - equations

Unknowns are associated with mass or energy streams and include pressure, temperature, or composition. If a unit had Ni inlet streams, No outlets, and C components, then for design degrees of freedom, C+2 unknowns can be associated with each stream. This means that the designer would be manipulating the temperature, pressure, and stream composition.