omniture

FXDD Offers Tighter Forex Spreads

2007-04-23 10:35 3893

NEW YORK, April 23 /Xinhua-PRNewswire/ --

FXDD, a global leader in online foreign currency exchange, today announced it is tightening spreads on many of its 20 currency pairs. FXDD will continue to offer 2-4 pips wide on the four major currency pairs (highlighted below).

EUR/USD 2 pips CHF/JPY 4 pips

USD/JPY 3 pips AUD/CAD 7 pips

USD/CHF 3 pips EUR/JPY 4 pips

GBP/USD 4 pips AUD/JPY 6 pips

EUR/GBP 3 pips CAD/JPY 7 pips

EUR/CHF 4 pips AUD/NZD 8 pips

AUD/USD 4 pips EUR/AUD 8 pips

NZD/USD 5 pips GBP/CHF 9 pips

USD/CAD 5 pips EUR/CAD 10 pips

GBP/JPY 8 pips USD/MXN 40 pips

"In order to stay competitive in the retail market," commented Tom O’Reilly, SVP of sales, "we have tightened our spreads even further. By combining aggressive pricing with superior technology and customer service, we are confident that we are giving our clients the tools they demand and deserve."

About FXDD

FXDD, headquartered in New York City, is a leader of on-line foreign exchange. The Company provides retail (MetaTrader and FXDDTrader), institutional (PowerTrader) and automated trading platforms (FXDDAuto); 100:1 leverage for regular accounts and 200:1 leverage for mini accounts; tight spreads on its retail platforms (2-3 wide on most majors); and commission-free forex trading. For a free demo, please visit http://www.fxdd.com , or call toll-free in the U.S. at 1.866.FOR.FXDD or +1.212.791.3950.

Source: FXDD
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