NewswireToday - /newswire/ -
Singapore, Singapore, 2011/11/15 - Forex signals business, wins prominent Excellence award for BarclayHedge currency traders results for the fourth consecutive month, in the face of the current European debt crisis and Global financial turmoil - ForexLiveOnline.com.
Forex signals provider, Forex Live Online, won the BarclayHedge ‘Recognition Award For Excellence’ in September for ranking in the top 10 performance for currency traders. This makes the 4th consecutive month Forex Live Online has won this award including 1st and 2nd rank in June and August respectively. They also ranked number 6 for ‘Top Performing CTA’, ranked by compound annual return, 1 year ending June 2011. The September Award brings the total number of awards for Forex Live Online to eight.
“This is a fantastic result for our company and our forex signals and managed forex account subscribers, especially during the current European debt crisis, which is creating global turmoil.” Said Brad Stoyel, founder and CEO of Forex Live Online.
“Our aim is to provide consistent returns during all market conditions and this current crisis is certainly presenting challenging times. First we had Greece, now Italy and potentially a domino effect to many other European Nations.“ Mr Stoyel said
“Unfortunately, the problem is not contained within Europe and has a flow on effect to other World currencies. Fortunately, we have designed multiple robust to encounter all perceivable market conditions, which is in my opinion, why we are producing such consistent results”
Brad Stoyel, owner of Forex Live Online, attributes their success and consistency of performance to multiple robust systems to deliver forex signals to their subscribers. Their systems have been designed to cover all different types of market conditions.
Forex Live Online’s results are also against the current trend of performance as currency traders are suffering their worst year since 1991. Three out of four Royal Bank of Scotland Group Plc indexes of foreign-exchange trading strategies are down this year, including a 2.7 percent drop through September for its carry trade index. Deutsche Bank AG’s dollar-denominated Currency Returns Index has fallen 3.4 percent, the biggest drop since a 4 percent slide in 1991. The Stark Currency Traders Index and the Barclay Currency Traders Index have declined by 8.6 percent and 0.4 percent.
About Forex Live Online
Forex Live Online (forexliveonline.com) has multi award winning forex money managers with over 8 years of experience, providing trading services to their forex signals and managed forex accounts subscribers.