Traders can then use arbitrage techniques to profit from market movements when the exchanges close the gap
Austin, TX (PRWEB) December 20, 2011
Austin, Texas-based Sharptrade Partners, LLC today announced the release of Forex Arbitrage, a trading program that helps traders monitor currency exchange rates around the world and notifies them if a pricing discrepancy opens up between two markets.
Forex Arbitrage simultaneously tracks the movements of selected currencies on multiple exchanges, and alerts traders to pricing discrepancies that arise in the markets. Traders can then use arbitrage techniques to profit from market movements when the exchanges close the gap. For example, if a currency is trading at a lower price in one market than in another, the trader can simultaneously take a long position in the cheaper market while taking a short position in the more expensive market. When the gap between the two prices closes, the trader profits from the rise in the cheaper price and the decline in the higher price.
“We’re thrilled to be able to make this a reality for traders around the world,” said Jason Fielder, managing member of Sharptrade Partners, LLC. Forex Arbitrage finally gives the individual trader a chance to compete on an even keel with the institutions. Until now, only large investors could afford the programming and monitoring required to play the arbitrage space, in real time. Now, anyone can do it!”
Forex Arbitrage is designed exclusively for the popular Metatrader 4™ online Forex trading platform. Metatrader 4 is a free Forex pricing software program that allows traders to view and analyze currency price changes and buy and sell Forex online.
To obtain a copy of the program, or for more information, visit the Sharptrade Partners Website at http://www.foreximpact.com, or call 512-394-8188.
About Sharptrade Partners, LLC: Sharptrade Partners, LLC is an Austin, Texas-based trading advisory and software development firm founded by Jason Fielder. The company has produced popular training videos on trading techniques, as well as several cutting-edge software products, including Triad Formula™, Delphi Scalper™, and the unique Correlation Code™ email alert service.
- Sharptrade Research releases Forex Arbitrage™ software program.
- The software allows traders to use arbitrage techniques to profit from Forex price discrepancies.
- Forex Arbitrage levels the playing field by allowing small, independent Forex traders to leverage technology normally available only to institutions.
- The program is designed to work with Metatrader 4™.