Gold Magazine May - June 2013, Issue 26 | Page 8

up front ForexTime Tax Law launches Amendments new currency approved pairs and CFDs by Parliament F orexTime Ltd (FXTM) has announced the launch of 7 new currency pairs and 13 new CFD instruments for trading, thereby giving traders more options and variety. The new currency pairs include crosses with the Swiss Franc and the Australian Dollar, a major commodity currency. Olga Rybalkina, CEO of ForexTime, said: “The new currency pairs include exotic currencies such as the Turkish Lira, the Danish Krone, Norwegian Krone and Swedish Krone. These currencies tend to make quicker and larger movements than major currency pairs and it is this volatility that makes these pairs popular with experienced traders.” The new currency pairs are: ✶ USD/TRY (US dollar vs Turkish Lira) ✶ EUR/TRY (Euro vs Turkish Lira) ✶ AUD/DKK (Australian Dollar vs Danish Krone) ✶ AUD/NOK (Australian Dollar vs Norwegian Krone) ✶ AUD/SEK (Australian Dollar vs Swedish Krone) ✶ AUD/SGD (Australian Dollar vs Singapore Dollar) ✶ CHF/SGD (Swiss Franc vs Singapore Dollar) ForexTime CFD Shares, Commodity Futures and Index Fund Future instruments now include: ✶ #AIG - American International Group, Inc. ✶ #AAPL- Apple Inc. ✶ #AMZN- Amazon.com, Inc. ✶ #EBAY- eBay Inc. ✶ #FCX- Freeport-McMoRan Copper & Gold Inc. ✶ #FDX- FedEx Corp. ✶ #GOOG- Google Inc. ✶ #HAL- Halliburton Company