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
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

    Guru Careers: Software Developer / C# Developer

    £40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...

    Guru Careers: Software Developer

    £35 - 40k + Benefits: Guru Careers: We are seeking a Software Developer (JavaS...

    SThree: Trainee Recruitment Consultant / Resourcer

    £18000 - £23000 per annum + Commission: SThree: As a Trainee Recruitment Consu...

    Ashdown Group: UI Developer - (UI, HTML, CSS, JavaScript, AngularJS)

    £25000 - £40000 per annum: Ashdown Group: UI Developer - (UI, JavaScript, HTML...

    Day In a Page

    Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

    Sun, sex and an anthropological study

    One academic’s summer of hell in Magaluf
    From Shakespeare to Rising Damp... to Vicious

    Frances de la Tour's 50-year triumph

    'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
    'That Whitsun, I was late getting away...'

    Ian McMillan on the Whitsun Weddings

    This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
    Kathryn Williams explores the works and influences of Sylvia Plath in a new light

    Songs from the bell jar

    Kathryn Williams explores the works and influences of Sylvia Plath
    How one man's day in high heels showed him that Cannes must change its 'no flats' policy

    One man's day in high heels

    ...showed him that Cannes must change its 'flats' policy
    Is a quiet crusade to reform executive pay bearing fruit?

    Is a quiet crusade to reform executive pay bearing fruit?

    Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
    The King David Hotel gives precious work to Palestinians - unless peace talks are on

    King David Hotel: Palestinians not included

    The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
    More people moving from Australia to New Zealand than in the other direction for first time in 24 years

    End of the Aussie brain drain

    More people moving from Australia to New Zealand than in the other direction for first time in 24 years
    Meditation is touted as a cure for mental instability but can it actually be bad for you?

    Can meditation be bad for you?

    Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
    Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

    Australia's first-ever Eurovision entrant

    Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine
    Letterman's final Late Show: Laughter, but no tears, as David takes his bow after 33 years

    Laughter, but no tears, as Letterman takes his bow after 33 years

    Veteran talkshow host steps down to plaudits from four presidents
    Ivor Novello Awards 2015: Hozier wins with anti-Catholic song 'Take Me To Church' as John Whittingdale leads praise for Black Sabbath

    Hozier's 'blasphemous' song takes Novello award

    Singer joins Ed Sheeran and Clean Bandit in celebration of the best in British and Irish music
    Tequila gold rush: The spirit has gone from a cheap shot to a multi-billion pound product

    Join the tequila gold rush

    The spirit has gone from a cheap shot to a multi-billion pound product
    12 best statement wallpapers

    12 best statement wallpapers

    Make an impact and transform a room with a conversation-starting pattern
    Paul Scholes column: Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?

    Paul Scholes column

    Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?