George Bush Iraqi journalist who threw shoes at George Bush hailed a hero

Muntadar al-Zeidi, 28, was arrested after throwing his shoes at Mr Bush during a press conference with Nouri al-Maliki, the Iraqi prime minister. Mr Bush ducked twice as the shoes narrowly missed his head and hit the wall behind him.
Mr Zeidi was wrestled to the ground before being dragged from the press conference and detained by Iraqi security forces. But the Shia television reporter’s protest – during which he shouted at Mr Bush “This is a gift from the Iraqis.This is a farewell kiss, you dog” – was praised across the Middle East, including in Saudi Arabia, Iran, Egypt and Jordan. A Libyan charity nominated him for a bravery award.
It was disclosed yesterday that Mr Zeidi “detested America”. He was once briefly detained by the US military and was also kidnapped by militants.
Khalil al-Dulaimi, Saddam Hussein’s former lawyer, offered to represent Mr Zeidi and said about 200 lawyers had volunteered their services free of charge.
“Our defence of Zeidi will be based on the fact that the United States is occupying Iraq, and resistance is legitimate by all means, including shoes,” he said.

Mr Bush tried to laugh off the incident, saying: “That was a size 10 shoe he threw at me you may want to know.”
But an Iraqi government spokesman demanded an apology: “At the same time that we condemn this ignominious act, we call on the television channel of this reporter to deliver a public apology for this act which sullies the reputation of all Iraqi journalists and the whole media.”
The station, Al-Baghdadia, defiantly replayed the broadcast and made repeated pleas for Mr Zeidi’s release “in accordance with the democratic era and the freedom of expression that Iraqis were promised by US authorities”.
Mr Zeidi’s brother Udai said: “Thanks be to God, Muntadar’s act fills Iraqi hearts with pride. I’m sure many Iraqis want to do what Muntadar did. Muntadar used to say all the orphans whose fathers were killed are because of Bush.”
In Sadr City – the Baghdad home of the radical Shia cleric Muqtada al-Sadr – thousands gathered to burn American flags and call for the release of Mr Zeidi. In the holy city of Najaf, several protesters threw shoes at an American patrol, while others demonstrated in the southern city of Basra.
Colleagues said he “detested America” and blamed Mr Bush for the damage done to his country by the 2003 invasion.

Mr Zeidi was kidnapped by militants in November last year but released after three days.
Iraqi officials said Mr Zeidi faced up to seven years in prison if prosecuted for insulting a visiting head of state.
Yesterday, Mr Bush continued his tour of the Middle East with a visit to Afghanistan, where he warned of the difficulty of restoring stability to a country ravaged by seven years of war.


[Sigma Contract Specification]

Sigma Forex provide the clients with the lowest spreads in Forex Market for the most traded pairs and Forex spots.

Trading Hours
Sigma Dealing Room operate 24/5 from Sunday 23:00 CET until Friday 23.00 CET.
You Can contact us directly: + 41 435 004 145

Margin Requirements
The margin requirements must be respected by Friday at 23:00 GMT and before holidays.
One of our dealers will contact you if you are below your margin requirements at that time. Your margin requirements will depend on the client's account equity. However, if you approach the level where the loss of your open positions approaches the balance of your account, you will be stopped out and your positions will be closed. Stop positions will be executed when there is only around 50% equity of the required margin left in your account.

Streamline Dealing
Clients will not suffer Price Re-Quote that you can buy and sell directly on real-time prices without a request for quote (RFQ).
Clients taking advantage of wrong price quotes in the Market Watch will be requoted.
Sigma Forex effort is taken to ensure correct pricing at all times. However, there are rare circumstances when wrong prices are given.

Stop Order Execution
Volatile market conditions can result in prices gapping, which may prevent the execution of stop orders (sell stop, buy stop, stop loss) at the price you initially requested. However, our dealers strive to execute all stop orders at the price, or failing that, at the best attainable rate the market allows.

Lot Types
Sigma Forex has generated an ultimate account type that allow you to trade Standard, Mini and Micro lot in the same account which is Sigma Account to make it more simple and easy for traders.

Multi Currency Denomination

Sigma offers the ability to set-up accounts denominated in the following currencies:

• United States dollar (USD)
• Euro (EUR)
• Great Britain pound (GBP)
• Australian dollar (AUD)
• Swiss Frank (CHF)

There is no minimum deposit for opening an account, in order to review the spreads, pip value & margin requirement choose the required pair, leverage & the lot type.

If you have any problem regarding Sigma Contract Specification click on the Live Chat button on the right hand side and our customer support staff will help you through the process.

shoethrower Bush deflects shoe toss into a civics lesson

I know, I was thinking the same thing when those shoes came flying at George W. Bush during his Baghdad press conference.

Who let Rocky Anderson in?

But wait. That wasn't one of ours. That was one of theirs. The shoe thrower was a TV journalist from Egypt named Muntadhar al- Zeidi, a man who obviously shares Rocky's negative sentiment about America's involvement in Iraq.
I've shared that sentiment myself, but I've also tried to never lose sight of Bush's agenda to bring freedom to a land and people once oppressed by the dreaded dictator Saddam Hussein.
A month away from turning over the front door key to the White House to Barack Obama, this trip to Iraq was something of a victory tour for Bush, a way of showing how much relative peace and quiet $568 billion (the war's cost so far) buys these days. He had just finished his opening statement to the gathered media, talking about a timetable for troop withdrawal -- "A withdrawal that is possible because of the surge" -- when the shoes started flying.
"This is your farewell kiss, you dog!" al-Zeidi shouted in Arabic before he was tackled by Iraqi reporters.

Who would have thought that such an ugly, unpleasant incident would turn into Bush's finest hour?

Nothing was scripted. No one rehearsed anything. No one was prepped. There wasn't a Teleprompter in sight.
And there was George W. Bush acting like, well, like you'd hope the president of the United States of America would act.

He displayed terrific athleticism in dodging both shoes, he exhibited remarkable composure, and he calmly resumed the press conference without skipping a beat.
When the Secret Service "body man" finally appeared and made a move to wrap the president in a human shield -- as if it had just dawned on the Secret Service that they were in the middle of Iraq (new Secret Service motto: "We said we'd take a bullet; nobody ever said anything about a shoe.") -- Bush subtly waived him away. No way was he leaving Iraq cowed and covered.
"OK, everybody calm down for a minute," the president said. "And if you want some -- if you want the facts, it's a size 10 shoe that he threw."
Then as he assessed a room full of nervous laughter and building embarrassment, he added, "Thank you for your concern, do not worry about it. So what if a guy threw a shoe at me?"
A sea of calm in the country of his discontent.

This wasn't Lincoln, it wasn't Roosevelt, it sure wasn't Churchill. This was George W. Bush from Midland, Texas, and like him or love him, hate him or despise him, you have to admire the way he always -- always -- stuck by his guns.
The Iraqi war and subsequent peacekeeping occupation might have been the most debated, controversial and divisive military operation in American history, and George W. Bush might have parlayed that debate into becoming one of the least-liked presidents ever. But you never saw him waver, and you never saw him sweat.
Sunday in Baghdad he was all of that and more. "Bush at his best," is the way Peter Watkins describes it. Watkins is the Utahn who threw his clothes in his car, the ink on his degree from the University of Utah not yet dry, and drove across the country to stick his foot in the White House, unannounced, after Bush won his first term in 2000. Willing to work at first for free, in time Watkins became a significant Bush press operative. Among his duties was helping organize the president's White House "press opportunities."
"Most Americans only see him when he's using Teleprompters," says Watkins, who returned to Utah two years ago after almost six years in the Bush administration. "That's when he's at his worst, communication-wise."
He's at his best in unscripted moments, as transpired Sunday.
"I think in those types of moments you see who people really are," says Watkins. "What you saw is a man who's funny, who's quick and who is calm under fire. I mean you're in Iraq, you've got someone yelling at you in Arabic, you've got shoes coming at your head -- and he ducked, and he told everyone in the room to calm down."
Probably the most impressive part of all was when Bush used the incident's aftermath to deliver an impromptu civics lesson in a downtown Baghdad he couldn't have set foot in eight years ago.
"Let me talk about the guy throwing the shoe," he said to the assembled journalists. "That's what happens in free societies."

Says Watkins: "Can you imagine what would have happened to someone who threw a shoe at Saddam's head?"

[SigmaForex Partnership Services]

Overall View:

Sigma helps a various groups of partners around the world to enlarge their business and expand the full
potential of the Forex market.
Sigma’s services include:

Introducing Brokers: Join our IB network and receive compensation for directing new clients to Sigma.
Money Managers: Full service trading capabilities, plus dedicated account management, client fund
administration and reporting.
White Labels: White Label Program helps fitted firms set up an online presence in the Forex industry
quickly and cost effectively.

A dedicated Partner Services team supports Sigma partners with a full range of account management services.
- Daily P&L, credits, commission allocation, etc.
- Account funding, transfers, allocations, etc.
- Customer on-boarding.

Introducing Broker.
Money Manager.
White Label.

China Stock Index Drops; Baoshan Steel, Beiqi, Vanke Decline

-- China’s stocks fell the most in almost two months, led by property developers, as investors judged recent gains excessive relative to earnings potential.
Poly Real Estate Group Co. and China Vanke Co., the nation’s two biggest publicly traded developers, retreated more than 4 percent. Baoshan Iron & Steel Co. dropped 5.3 percent, paring a surge of 38 percent this year through yesterday. Beiqi Foton Motor Co., China’s biggest commercial-vehicle maker, slid 6.8 percent after sales fell by more than a third last month.

The Shanghai Composite Index, which tracks the bigger of China’s stock exchanges, declined 69.95, or 2.9 percent, to 2,319.44 at the close, the steepest drop since Dec. 23. The gauge is still up 27 percent this year, the most among 90 stock gauges worldwide tracked by Bloomberg. Stocks on the measure traded at 18.3 times earnings yesterday, the highest since August.
“The big risk is that share prices are rising fast, but fundamentals are not catching up,” said Fan Dizhao, an investment manager at Guotai Asset Management Co. in Shanghai, overseeing the equivalent of $4.7 billion. “When the price- earnings ratio reaches 20 times, it could be an up-limit.”


[Sigma Forex Practice Accounts]

Learn And Develop your trading skills with Sigma platform!

A Free practice account is a great way to experience the Forex market without risking any money.

For Novice Traders
For those who did not trade in the forex market before can get accustomed to following a market, and open themselves to a whole new way to invest, and it also gives them the chance to understand how the trading platform works.

For Regular Traders
For those who are familliar with trading in forex market, a practice account can help them to get use to the particular characteristics of the Forex market or our trading platform.

For Experienced and Professional Traders
A practice account can even help experienced and professional traders as they can test and practice their trading strategies without risking capital.
Generally the Demo Account has the same capabilities of the real account, the only difference between them is that the real account is with real money and the practice account is with virtual money.

Open Now A Free $ 500'000 Account With Sigma Forex and discover a whole new way to invest.
Sigma Account allow you to open Micro, Mini and Standard lot through only one account and trade in Forex Market
In order to register for a practice account, please Download Sigma Forex Platform and open new account as illustrated below and you will have unlimited access to our Platform for the next 30-days.

If you have any problem regarding Sigma Practice Account you can see User Guides or click on the Live Chat button on the right menu and our customer support staff will help you through the process.

China withdraws Xinhua's administration on news release by foreign agencies

China's State Council, or the Cabinet, withdrew the administrative right over the release of financial and other news and information in China by foreign news agencies from Xinhua News Agency.
The entitlement is now given to the State Council Information Office, according to a decree signed by Premier Wen Jiabao, which was announced Friday.

Xinhua News Agency, as China's state news agency, became a legally authorized institution to exercise unified administration over the release of news and information in China by foreign news agencies in 2004. The agency obtained the authorization of administrating economic information release in China by foreign agencies in 1996.
The new decree went into effect immediately.


[Sigma Services]

As a professional online trading service Sigma strives to give an eminent beyond comparison of professional and individualized trading services, Sigma also provides several facilities for all kinds of traders.
Sigma helps private and institutional clients achieve their trading goals by offering an inclusive forex trading package, along with the state-of-art trading platform, real-time news and wireless access. We relegate to meeting and exceeding our customers' expectations with the utmost professionalism and integrity.

Sigma provides appropriate services satisfying the needs of all business partners’ specified requirements. A client's profit is our success and a client's loss is a significant call of action for us, we consider every client as a special case and a partner.
Sigma's Customer Support is our business core, as we provide 24/7 customer support. We keep in touch with all our clients to make sure that we are on the right pass.

Open Live Account
Open Demo Account

US housing market US housing market is different this time - it's worse

“It’s different this time,” are four of the most alarming words an investor can hear. Very rarely do things turn out differently; history shows that normally they go wrong in almost exactly the same way they did last time round the cycle.

But when it comes to the US housing market, there are reasons to expect that things will be different this time. But not in the way that optimists expect – instead the difference is that the damage could be more far-reaching than ever before.
Plenty gets written about the vast scale of this real estate bubble, the world of pain that housebuilders, realtors and overstretched buyers are finding themselves in and the likely impact that falling prices will have on the American consumer’s willingness to run up debt at the mall.
What’s sometimes overlooked is the other end of the equation: the huge amount of risky loans that have been issued to fuel this bubble and the question of who will be left holding the baby when it all blows up...

In the modern mortgage market, loans often don’t remain with the bank that issued them. Instead they're parcelled up into bond-type structures called mortgage-backed securities (MBSs) and sold on to investors. The buyers range from hedge funds and pension funds to the Chinese government diversifying its dollar assets away from Treasuries.
This process - called securitization - looks like a winner for all involved. The mortgage lenders get rid of the risk of more borrowers than expected defaulting on their payments. The buyers get a higher interest payment from the MBSs than they would from a corporate bond with a comparable credit rating (this is because individually the mortgages are riskier, which means they pay a higher interest rate; but if you collect enough together, you reduce the risk of too many defaulting, which makes for an improved credit rating). And the investment banks collect a fat fee for arranging the deal.
MBSs aren’t a new development. The first ones appeared during the 1980s and played an important part in the Savings and Loans crisis. The banks persuaded S&Ls to turn their mortgage portfolios into MBSs and sell them, then use the proceeds to buy MBSs issued by other S&Ls. That may not sound like great business acumen, but it should be borne in mind that the S&Ls were run by near-amateurs working on the time-honoured 9-6-3 business model: lend money at 9%, take deposits at 6% and be on the golf course by 3pm.
Since then, the scale of the MBS market has expanded enormously. And one segment that has grown particularly strongly in recent years is subprime mortgages - loans granted to borrowers who are a higher credit risk.

Banks charge higher interest rates for subprime loans, making them a very profitable segment during boom times. So as the housing bubble inflated, subprime originations soared from around $100bn six years ago to over $800bn last year. In the process, lenders lowered their standards, throwing money at people who wouldn’t have even qualified as subprime in previous years.
The problem is that when the housing market or the broader economy turns down, delinquencies (late payments) and default rates on subprime mortgages shoot up. And that seems to be what’s happening now. Investment bank UBS reports that nearly 4% of subprime mortgages issued and bundled into MBSs this year are 60 days or more behind on their payments. While that may not sound too alarming, it’s the highest rate in over a decade - almost one percentage point higher than in the 2001 recession - and the economy as a whole isn’t even officially in trouble yet.

These delinquencies don’t bode well for the performance of this crop of MBSs in years to come. Typically, delinquencies and defaults pick up from year three of an MBS’s life; high delinquencies in year one are generally a sign that higher-than-usual defaults can be expected later on (because people who struggle to meet payments from the off are likely to struggle even more in subsequent years). That means that many investors who have bought subprime MBSs may soon find high default rates eating into their returns.
In theory, this will mostly affect investors who have bought bonds with lower credit ratings, but in practice even investors who bought higher-rated bonds may take a hit. Nobody really knows how subprime MBSs will perform during a falling housing market, because there’s so little historical evidence to assess them. One Merrill Lynch report reckons that a 5% fall in house prices could see defaults rise to double digit rates, which would be enough to hurt some investors who’ve bought seemingly-safe A-rated paper, the analysts reckon.



[Why Sigma]

1. Lowest spreads in the forex market, No other broker offers such competitive spreads .
2. Sigma is the only broker that allows you to customize your trading account as you wish.
3. Maintaining the security of your money is a major objective at Sigma.
4. Our devotion to our clients has made our firm a respected industry leader, that we have a strong commitment to maintain a long term relationship with our clients.
5. Low margin requirement.
6. Full Hedging capabilities.
7. Sigma is a registered financial institution, and registered with the European registration authorities. The regulations set out into notice by these agencies are created to help ensure the safety of our clients’ deposits.
8. We maintain enough liquid capital to meet the needs of the amount required to cover all client deposits, potential shift back and forth in the firm’s currency positions and outstanding expenses.
9. We put forward our financial information to regulatory bodies on a weekly and monthly basis.
10. In addition to all the above, Sigma holds all deposits with only highly reputable financial institutions. We are appreciate the trust of our clients place in us.

Volkswagen Cuts China Vehicle Prices 12%

Volkswagen Cuts China Vehicle Prices 12% as Auto Sales Tumble

Volkswagen AG, the biggest overseas carmaker in China, slashed prices on some locally made models as much as 12 percent amid tumbling demand for new vehicles.

The 2-liter Touran multipurpose vehicle was cut to 149,800 yuan ($22,000) from 169,800 yuan, Shanghai Volkswagen Co. said in an e-mailed statement today. The price of 1.4-liter Polo compact cars was reduced by 4 percent to 108,600 yuan.



READ MORE.............
http://sigmablog.sigmaforex.com/forex-blog/112.html


[SigmaForex Customer Support Area]

Customer satisfaction is number 1

It's a well known fact that no business can exist without satisfied customers, Sigma support you with all your needs that have been chosen according to your demands.
Our slogan is to achieve the maximum level of satisfaction for our customers for that we built customer support which is availble 24/7 to be reached for all clients at any time.

Open Live Chat Now

Email Us

FAQs

Funding Methods

Withdrwal Methods

Trading Agreement

Swiss Bank

7 myths about Swiss bank account

Swiss bank accounts are only for millionaires.

* Money invested in Switzerland yields no interest.
* It’s impossible to open an account in Switzerland by correspondence.
* Swiss bank accounts are very expensive to maintain.
* It is difficult to close a Swiss bank account.
* Swiss bank accounts attract only criminals and dictators.
* Numbered accounts are anonymous.

1. Swiss bank accounts are only for millionaires
This is not true. The majority of our clients are not major manufacturers or movie stars, but everyday people (business people, computer engineers, civil servants, etc.). Swiss banks are no longer only for stars.
You can open a Swiss bank account with a deposit of only 5,000 Swiss francs. We even offer accounts with no minimum balance.

2. Money invested in Switzerland yields no interest
Nothing could be more untrue. You can invest your money worldwide from your account in Switzerland through investment funds, bonds, the stock market, the purchase of metal values, raw materials, derivatives and many other types of investments. Swiss bankers are among the best finance managers in the world, so it comes as no surprise that they manage over 35% of offshore holdings.

READ MORE...................
http://sigmablog.sigmaforex.com/forex-blog/111.html

[SigmaForex Trio Contest]

SigmaForex Ultimate Forex Monthly Champion Double your pleasure, Double your fun and Double your FUNDS.

SigmaForex has exactly what it takes to give you the ultimate forex trading experience and what it needs to make it more successful, more attractive, and more effective.SigmaForex Practice Competition

Let us show you that if you're not utilizing SigmaForex services, you're missing the boat…and potential profits! Every Service taken on is given the time, skill necessary, and awareness to detail to produce the results that your satisfaction demands.

Nothing comes between us and you, we rely on your business; therefore, you can rely on ours, which means that we will be working hard on our behalf to make certain of your success.

Reliability Is Natural For Us, Our Services and Products Natural For You.

We care to make you feel secure with us, and that is a priceless service that will bring in continuous benefits for both of us. Which is why we have created the Trio contest, it is the First and the Only Tri contest in the World wide Financial Market called Forex.

TRIO Contest divides into 3 Main contest stages,

1. Elite Competition
Every game is new business opportunity (Elite Contest)
2. Oriental Competition
A Virtual World with Live Pictures (Oriental Contest)
3. Post-Graduate Competition
Opening a new page in your Life (Post-Graduate Competition)

Scandinavian Airlines Uses SAS

Scandinavian Airlines uses SAS® to improve services and ensure superior customer relations

Scandinavian Airlines has made important progress in the competition for passengers in the airline industry. Using world-leading SAS technology, Scandinavian Airlines can now record and evaluate customers’ spontaneous comments in order to improve the company’s flights and services.
Staying a step ahead
Competition amongst airlines for customers is very tough. It is essential for airlines to listen to their customers and adapt their services to meet their customers’ requirements, while also ensuring that their prices match the services they are offering.
Scandinavian Airlines is a customer-focused company, and its management decided that it should make active use of customers’ suggestions and criticisms. “Customers speak out mainly to avoid encountering the same problem again, not to get compensation for what happened to them. Now we are taking their views into account as part of our ongoing efforts to improve our service and quality,” says Jens Ericsson, manager of analysis and systems in Scandinavian Airlines’ Customer Relations Department.
Scandinavian Airlines chose SAS Business Intelligence solutions to collect customers’ opinions daily through a wide range of channels, including the Internet, letters, paper-based forms and the telephone. In Scandinavia alone, the company has a total of 55 people working on processing around 50,000 spontaneous customer comments a year.

Closing information gaps
Before Ericsson started the project with SAS, the data was incomplete and difficult to access, because the guidelines for recording customer comments were unclear and there were no tools available to analyze what customers had said or to produce statistics. For example, in the old system “Sweden” was spelled in 20 different ways, which obviously made it difficult to search for “Sweden” and get a complete picture of the opinions of Swedish customers. Extracting the relevant information was a time-consuming task, and the results did not form an adequate basis for decision making.


READ MORE............
http://sigmablog.sigmaforex.com/forex-blog/110.html


[SigmaForex Bonus Revolution]

Have you ever imagined that even the hardest times can lay your interest?

You may now wonder and asking yourself how it can be done while we live the toughest time in our economic world. All imagine that we have reached the top of the crisis and will remain there for a cloudy time, which has been specified predictably by the economic experts.

But what if you have the key for passing by all that?

Actually the key solution is within your hands! But what happened is that you have got blinded with the shock of unexpected financial crisis that extends its arms to hold the entire economic world for a not specified time. All what you need is some confidence and a helping hand guiding you to a real bright path.

Almost all successful people have learned how to make their own interest even from their own loss! Just some confidence and resistance, and above all the choice of the right hit at the right time. It is a common goal for money makers to have a continuous ability of preserving their financial status. So, stop thinking of the goal only and start thinking of the way you are going to do it, and ask yourself how can I still make the amount of money I was doing before even in the worst time in economic history?

One of the most necessary steps in your thinking and performance is not to take a long time in thinking and planning to be able to catch the chances available in the market, especially at this time. This doesn't mean to be rash, but to be selective and have the deepest insight.

In reversing the situation for the sake of your own interest, SigmaForex has strived to think and produce the best solution for money makers in FOREX through it's three types of accounts.

The motto of SigmaForex is "Not only physical power that can make you win, it is the power of mind that helps you the most to make the best living in all its sides".
The second step you need to go through after thinking is to apply the principle of "use the useless for your usefulness", by catching the best chances available. And here in speaking about the chances, Sigma Forex offers three unique business accounts with three bonus budgets existed nowhere else and we called it"The Bonus Revolution"

Enter Now The Bonus Revolution

NYSE’s Niederauer Fails To Stop Share Decline With Cost Cuts

Since Duncan Niederauer took over NYSE Euronext 14 months ago, he has stopped market share losses, devised a plan to generate additional revenue from derivatives trading and made $160 million by selling technology. And the exchange’s shares have dropped 78 percent.

“The company is showing signs of operational improvements, but the question is, what’s in it for shareholders?” said Ed Ditmire, an analyst at Fox-Pitt Kelton Cochran Caronia Waller, who has an “outperform” rating on the stock. “This is a story for patient investors.”

The 49-year-old chief executive officer will update investors today on his plan to generate at least $280 million in additional revenue while cutting $250 million in expenses. New York-based NYSE Euronext lost a record $1.34 billion in the fourth quarter after writing down part of its April 2007 purchase of Euronext NV.

Investors remain skeptical of the benefits of the $14 billion deal, which created the first Trans-Atlantic stock exchange and was the biggest in a $62 billion wave of consolidation among bourses that started in 2006.

READ MORE.........
http://sigmablog.sigmaforex.com/forex-blog/62.html


[Sigma Forex Practice Accounts]

Learn And Develop your trading skills with Sigma platform!

A Free practice account is a great way to experience the Forex market without risking any money.

For Novice Traders
For those who did not trade in the forex market before can get accustomed to following a market, and open themselves to a whole new way to invest, and it also gives them the chance to understand how the trading platform works.

For Regular Traders
For those who are familliar with trading in forex market, a practice account can help them to get use to the particular characteristics of the Forex market or our trading platform.

For Experienced and Professional Traders
A practice account can even help experienced and professional traders as they can test and practice their trading strategies without risking capital.
Generally the Demo Account has the same capabilities of the real account, the only difference between them is that the real account is with real money and the practice account is with virtual money.

Open Now A Free $ 500'000 Account With Sigma Forex and discover a whole new way to invest.
Sigma Account allow you to open Micro, Mini and Standard lot through only one account and trade in Forex Market
In order to register for a practice account, please Download Sigma Forex Platform and open new account as illustrated below and you will have unlimited access to our Platform for the next 30-days.

If you have any problem regarding Sigma Practice Account you can see User Guides or click on the Live Chat button on the right menu and our customer support staff will help you through the process.

Foreign Exchange Dealer’s Association of India (FEDAI)

It was set up in 1958 as an Association of banks dealing in foreign exchange in India (typically called Authorised Dealers - ADs) as a self regulatory body and is incorporated under Section 25 of The Companies Act, 1956. It’s major activities include framing of rules governing the conduct of inter-bank foreign exchange business among banks vis-à-vis public and liaison with RBI for reforms and development of forex market.

Presently some of the functions are as follows:

* Guidelines and Rules for Forex Business.
* Training of Bank Personnel in the areas of Foreign Exchange Business.
* Accreditation of Forex Brokers
* Advising/Assisting member banks in settling issues/matters in their dealings.
* Represent member banks on Government/Reserve Bank of India/Other Bodies.
* Announcement of daily and periodical rates to member banks.

READ MORE...........
http://sigmablog.sigmaforex.com/http://sigmablog.sigmaforex.com/index.php?option=com_mojo&Itemid=33&paged=2

[Sigma Services]

As a professional online trading service Sigma strives to give an eminent beyond comparison of professional and individualized trading services, Sigma also provides several facilities for all kinds of traders.
Sigma helps private and institutional clients achieve their trading goals by offering an inclusive forex trading package, along with the state-of-art trading platform, real-time news and wireless access. We relegate to meeting and exceeding our customers' expectations with the utmost professionalism and integrity.

Sigma provides appropriate services satisfying the needs of all business partners’ specified requirements. A client's profit is our success and a client's loss is a significant call of action for us, we consider every client as a special case and a partner.
Sigma's Customer Support is our business core, as we provide 24/7 customer support. We keep in touch with all our clients to make sure that we are on the right pass.

Open Live Account
Open Demo Account

Credit Crisis Timeline

There have been tremendous economic dislocations during the present banking crisis. Initially written off as a sub-prime crisis, leading policy makers said the crisis was contained. It has since spilled over into Jumbo mortgage rates, Collateralized Debt Obligations (CDOs), all asset backed securities, High Yield bonds, SIVs, the inter-bank market, commercial paper, money market funds, the auction rate market, hedge fund losses, and a massive housing bust and the real economy. Banks and financial institutions from around the world are writing down billions of dollars of losses. Housing markets are falling in the US, the UK, Spain and Ireland. This crisis is truly global.

I decided to take a look to get a comprehensive view of what this is doing to our financial system. Below is my list of major announcements of asset writedowns, bank failures, CEO dismissals, trading losses, capital raising and job losses at major global lending institutions as a direct result of the credit crisis of 2007-2009.

In addition, I have included a number of pre-crisis merger announcements that served as prelude to an increased risk taking after the deals closed and leading up to the crisis. This is not just a chronological listing of events and news in the housing bubble and credit crisis but also

* a timeline of major crisis events and writedowns by financial institution. I believe it to be the most comprehensive data set on writedown statistics on the web.
* a running tally of credit writedowns by global banks (now over $1 trillion)
* a look back at the increasing amounts of capital raised by global financial institutions

READ MORE.......... http://sigmablog.sigmaforex.com/http://sigmablog.sigmaforex.com/index.php?option=com_mojo&Itemid=33&paged=2

[Why Sigma]

1. Lowest spreads in the forex market, No other broker offers such competitive spreads .
2. Sigma is the only broker that allows you to customize your trading account as you wish.
3. Maintaining the security of your money is a major objective at Sigma.
4. Our devotion to our clients has made our firm a respected industry leader, that we have a strong commitment to maintain a long term relationship with our clients.
5. Low margin requirement.
6. Full Hedging capabilities.
7. Sigma is a registered financial institution, and registered with the European registration authorities. The regulations set out into notice by these agencies are created to help ensure the safety of our clients’ deposits.
8. We maintain enough liquid capital to meet the needs of the amount required to cover all client deposits, potential shift back and forth in the firm’s currency positions and outstanding expenses.
9. We put forward our financial information to regulatory bodies on a weekly and monthly basis.
10. In addition to all the above, Sigma holds all deposits with only highly reputable financial institutions. We are appreciate the trust of our clients place in us.