Internet Investor: Beat the crisis with Net prophets

WITH THE world's financial markets not so much yo-yoing as bungee- jumping, you may be wondering what kind of edge a private investor can have.

There are plenty of Websites which will keep you abreast of events in Russia. The Moscow-based news agency Interfax will give you the domestic slant; for a broader picture dial up Yahoo's news offering.

However, this is just raw data. To see what the professionals make of the information, sneak a peak at the site run by Internet Securities, Inc. ISI Emerging Markets provides financial, economic and political news and local information providers and will show the kind of stories to which the fund managers and traders pay attention.

If you are serious about managing your investments you will be looking to minimise damage to your savings. Sophisticated investors (for sophisticated read well heeled and willing to take serious risks) should take a look at Currency Management Corporation.

CMC is the world's first real-time Internet-based foreign exchange dealing service. It currently quotes 27 major currencies with clients able to receive real-time quotes in 180 different currencies. In addition, through CMC you may deal in forward foreign exchange, spot and forward precious metals and futures. CMC also offers free market news and a real-time charting service which includes 20 years of historical foreign exchange data.

Before you open an account, try out the dealing service, downloading dummy trading software from the CMC site. CMC will handle your dummy deal as if the market was at your level and execute the deal for you. The whole process takes a couple of seconds and you can see how the deal would affect your positions and also see CMC's real time dealing prices to its existing customers.

CMC's Website is plastered with warnings and rightly so. Remember, you should not invest in derivatives with money you cannot afford to lose. This is definitely not for widows and orphans! In fact, CMC says its execution- only services class all clients as "non-private customers" under the terms of financial services regulation. This means you have to demonstrate a sufficient level of trading experience. However, if you fit the client profile, CMC could prove useful in volatile markets.

Interfax: www.maximov.com

Yahoo: headlines.yahoo.com/ Full_Coverage/World/Russia/

ISI Emerging Markets: www.securities.co.uk

CMC: www.forex-cmc.co.uk

Have you tried new the Independent Digital Edition apps?
Life and Style
ebookNow available in paperback
ebooks
ebookA delicious collection of 50 meaty main courses
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

ES Rentals

    iJobs Job Widget
    iJobs General

    Recruitment Genius: Call Centre Manager - OTE £50,000

    £25000 - £50000 per annum: Recruitment Genius: This innovative online car purc...

    Recruitment Genius: Subscriptions and Marketing Assistant

    £12500 - £15000 per annum: Recruitment Genius: A subscriptions and marketing a...

    Metail Ltd: Business Development Manager for Asia Pacific

    £35,000 - £40,000 based on experience : Metail Ltd: As a Business Development ...

    Recruitment Genius: Customer Service Supervisor

    £15000 - £20000 per annum: Recruitment Genius: This company is a well establis...

    Day In a Page

    Greece says 'No': A night of huge celebrations in Athens as voters decisively back Tsipras and his anti-austerity stance in historic referendum

    Greece referendum

    Greeks say 'No' to austerity and plunge Europe into crisis
    Ten years after the 7/7 terror attacks, is Britain an altered state?

    7/7 bombings anniversary

    Ten years after the terror attacks, is Britain an altered state?
    Beautiful evening dresses are some of the loveliest Donatella has created

    Versace haute couture review

    Beautiful evening dresses are some of the loveliest Donatella has ever created
    No hope and no jobs, so Gaza's young risk their lives, climb the fence and run for it

    No hope and no jobs in Gaza

    So the young risk their lives and run for it
    Fashion apps: Retailers roll together shopping and social networking for mobile customers

    Fashion apps

    Retailers roll together shopping and social networking for mobile customers
    The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

    Gaping hole at the heart of the European Union

    Treatment of Greece has shown up a lack of genuine legitimacy
    Number of young homeless in Britain 'more than three times the official figures'

    'Everything changed when I went to the hostel'

    Number of young homeless people in Britain is 'more than three times the official figures'
    Compton Cricket Club

    Compton Cricket Club

    Portraits of LA cricketers from notorious suburb to be displayed in London
    London now the global money-laundering centre for the drug trade, says crime expert

    Wlecome to London, drug money-laundering centre for the world

    'Mexico is its heart and London is its head'
    The Buddhist temple minutes from Centre Court that helps a winner keep on winning

    The Buddhist temple minutes from Centre Court

    It helps a winner keep on winning
    Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

    Is this the future of flying?

    Battery-powered planes made of plastic, and without flight decks
    Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

    Isis are barbarians

    but the Caliphate is an ancient Muslim ideal
    The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

    Curse of Brink's Mat strikes again

    Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
    Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

    'The ministers talk to us about miracles'

    Why Greeks are cynical ahead of the bailout referendum
    Call of the wild: How science is learning to decode the way animals communicate

    Call of the wild

    How science is learning to decode the way animals communicate