Internet Investor: Beat the crisis with Net prophets
Saturday 12 September 1998
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.
Yahoo: headlines.yahoo.com/ Full_Coverage/World/Russia/
ISI Emerging Markets: www.securities.co.uk
Life & Style blogs
The Evil Within preview: a survival horror fan’s best worst nightmare
36-year-old skeleton of dead baby found inside Indian woman
Porn film production 'must stop in Los Angeles' after actor tests positive for HIV
Anal sex study reveals climate of 'coercion'
The science of saturated fat: A big fat surprise about nutrition?
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
Rotherham child sex abuse scandal: Labour Home Office to be probed over what Tony Blair's government knew - and when
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
What do immigrants really think of Britain? Polish immigrant's Reddit post goes viral
Do you realise just how foolish the UK looks?
With Douglas Carswell joining Ukip, my party has taken another giant step forward
- 1 Unseen Charlie and the Chocolate Factory chapter deemed 'too subversive' released
- 2 Ebola virus: It's ripped through towns – now the deadliest ever outbreak of the virus is heading for Africa's teeming cities
- 3 Joan Rivers: 'Palestinians deserve to be dead'
- 4 A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
- 5 Mexican woman becomes world’s 'oldest person' at 127
£21000 - £30000 per annum: Randstad Education Leeds: KS1 Primary Teacher in Br...
£21000 - £30000 per annum: Randstad Education Leeds: Year 3 Primary Teacher in...
£100 - £130 per day + Excellent rates of pay, Free CPD : Randstad Education So...
£12 per hour: Ashdown Group: Credit Controller - London, Old Street A well es...