LIVE STREAMING QUOTES

• Fast Order Entry
• Price Certainty
• Immediate Confirmations

The prices on the Friedberg Direct Trading Station are not indications of where the market is trading, but actual prices at which a trader can buy or sell the currency pair. With two clicks of the mouse, Friedberg Direct clients can execute a trade at the screen price. There are several other systems in the market that make a distinction between indicative quotes and executable prices. Although such systems show two-way prices, the client must request a quote to find out the price where trade can be executed. The Friedberg Direct Trading Station is superior because it takes the mystery out of the price the client can enter or exit a trade. All this applies ONLY during normal market conditions. During excessive market volatility slippage may not always be avoidable.

INSTANT EXECUTION

• Fast Order Entry
• Price Certainty
• Immediate Confirmations

The Friedberg Direct Trading Station provides quick order entry and instantaneous execution. There are multiple ways to initiate market orders, including hitting an express “Buy” button, or clicking the BUY/SELL price of a specific currency pair. Even under the most chaotic market conditions, orders are processed and filled within seconds. All market orders are complete fills and market orders are always executed at the quoted price. Once an order is filled, the order is displayed in the open positions window immediately. This window displays the price of the fill, and the real time profit/loss on the position in both pip and dollar terms. In addition, stops and limits can be placed directly on the position. All this applies ONLY during normal market conditions. During excessive market volatility slippage may not always be avoidable.

MARGIN WATCHER

• Real Time Tracking
• Multiple Leverage Options
• Automatic Account Debit Protection

Every client has the ability to set their own margin requirement, providing that the margin meets Friedberg Direct’s minimums. Margin requirements start at 3% ($3000) while maintenance may start at 1% ($1000 per lot). This requirement is maintained for both intra-day trading and for positions held overnight. Based on each client's margin requirement, the Friedberg Direct Trading Station calculates in real time both the funds needed to maintain current positions (Used Margin) and the funds available for taking new positions (Usable Margin). This information, along with Account Equity, Account Balance, and Floating P/L appears in the Account Information window. In the event that funds in the account fall below margin requirements, open positions will be closed by the dealing desk at the market price. This provides protection against a debit balance, particularly in a highly volatile, fast moving market.

REPORTS

• 24-hour Access
• Compile Custom Statements
• Detailed Info On Every Trade

Clients can generate detailed account statements on demand from the Friedberg Direct Trading Station. The reports can contain up-to-second account information or be customized to reflect activity between any two given dates. These reports are comprehensive, including the details for each specific trade. In order to receive a hard copy record, the client simply clicks on the print function.

FRIEDBERG DIRECT NEWS

• 24 Hour News, Technical Levels, and Market Analysis
• Powered By Thomson Financial
• Direct Access From Friedberg Direct Trading Station

Friedberg Direct News is available as an integrated feature on the Friedberg Direct Trading Station. IFR Forex Watch, Thomson Financial’s premier institutional FX news and analysis service, provides the real time content for Friedberg Direct NEWS. With one click of the mouse, clients can access Friedberg Direct News, no additional login is necessary. The FX NEWS window is adjustable, allowing simultaneous viewing of both live prices and real time news. There is no cost to Friedberg Direct clients for this service.