Monday, April 27, 2009

Harvest Topworth International

COMPANY INFORMATION AND CONTACT ADDRESS
Harvest Topworth International as the introducing broker and service agent of foreign principals was the first in 1994 in Pakistan which brought the opportunities to trade in international financial markets products through conventional means. The facilities were used by businessmen and traders as alternative strategies for the purpose of hedging risks and or carry out speculative trading by taking advantageous of price volatility in international currencies and commodities markets.We were pioneer to offer such services and brought in the concept of “24 hours trading and margin withdrawal facilities” in Pakistan.In 2006, Harvest Topworth International is once again pioneer to introduce in Pakistan a state-of-the-art online internet-based deal execution trading system at your finger touch!You may now trade on-line in FX (euro, yen, pound, swiss franc, gold etc.) & CFDs (oil, metals, softs and more) in international market.Live tradable pricesLive market moving newsLive & historical charts / technical analysis for 1 minute to 30 yearsLive profit/loss, equity and margin movementsInstant retrieval of accounts statementUnlimited own designed templates and many more …HTI offers 24 hours informational, facilitation and support services to you through its Multan, Lahore and Karachi offices.24 hours help desk staffed with multi-skilled executives ready to solve any of your problems24 hours telephone operators to let you know the market rates

You can personally visit office at;
Harvest Topworth International 2nd floor abdali tower nawan shahr Multan Pakistan.

M. Azeem Khan

0092-333-3589205

0092-61-4500238

email: azeemkhan43@hotmail.com

For further information visit

Company website: www.harvest-pakistan.com

Chairman Profile

The year was 1982 when Mr. Muhammad Gulraze Mir, the Chairman of Harvest Group, set his firm footings in business by establishing a trifling yet progressive firm namely MGM Traders in Karachi. This little step in right track way led him to shape up the future of Harvest Group over the next quarter of a century as its earned vital constituent of business, dealing in conviction, exactitude and business integrity which remains the essential ingredient of business decisions in years forth.In 1985 Mr. Mir first experienced the financial market when he was doing personal trading in London. In 1992 the parliament in Pakistan passed the Economic Reforms Act which accelerated visionary and forward-looking instinct of a businessman.In the backdrop of this development Mr. Mir elongated his business towards a rapidly growing financial services sector. For the first time in Pakistan he brought Hong Kong joint-venture financial brokerage house and instigated hedging opportunities and forex trading at the door step of business community here.In 1980 the President of Pakistan awarded Mr. Mir the resplendent ‘Imtiazi Sanad’ or letter of appreciation for his stupendous achievement in the given task. He did his doctorate in International Economic Development from the USA in which he acquired distinction in the subject of International Economic Strategy and Investment. He is a life member of Chartered Institute of Professional Management, USA.

Chairman Statement

Pakistan enforced the protection of the Economic Reforms Act in 1992 to relax foreign currency controls, boost the confidence of investors and rejuvenate the economy of the country. In 2001 this act was further reinforced by the government which now provides extensive authority to the people.In 1994, Harvest Topworth International introduced conventional margin trading facilities in international financial markets through its overseas principals. We were the sole innovators to offer such services and brought in the concept of 24 hours trading and margin withdrawal facilities in Pakistan.In 2006, once again we are pioneers to introduce the state-of-the-art online trading facilities through our overseas principal. Indeed forex and CFD trading is an inimitable investment product, which provides an opportunity to hedge against exposure to foreign currencies and commodities price risks and safeguard transactions in international trades.I am sure this on-line trade execution terminal will develop in you expansive trust and confidence for your trading solutions.I am pleased to declare that Harvest is the first and sole organization in Pakistan which brought in online trading facility through mobile telephones. This service gives you the same level of competence as online trading through a desktop or laptop computer terminal.I pretentiously acknowledge that this overwhelming progress and success has been made possible with the inspiration and encouragement of customers who have trusted us during these long years and always be there to back Harvest to audaciously face all hardships. I express my deepest gratitude to all traders.It is our sheer commitment to maintain a tradition of excellence and distinction and provide professional services to you at all times!Happy Trading and Best Wishes

Muhammad Gulraze Mir

Goal and Focus

Goal :

Harvest’s goal is to develop a fervent presence in major markets of the world through reputed principals so that we can deliver a wide range of the value added services to sophisticated traders and investors throughout Pakistani markets.It is this vision of deploying the latest technological resources, maintaining the highest standards in trade executions and customer services, maintaining the leadership role and confronting the challenges in changing circumstances.

Focus :

Harvest Topworth International’s fundamental focus is on operating as a professional brokerage house and providing par excellence personalized customer services to investors and traders.

The Products we offer :

Currencies :

Euro
Pound Sterling
Japanese Yen
swiss franc

Precious Metals :

Gold
Silver

CFDs :

Commodities :

Crude Oil
Cocoa
Coffee
Sugar
Metals :
Gold
Copper

Indices :

SPX 500 Index
NDAQ100 Index
US 30 Index
USRuss 2000 Index
UK100 Index

EXPLANATION

WHAT IS FOREIGN EXCHANGE?

Foreign Exchange is the exchange of one country’s currency for another. The rate of currencies is largely governed by prevailing global economic indicators particularly of the specific currency. A trader who wishes to deal in foreign exchange simultaneously buys one currency and sells the other with the intent of earning a profit when the values of currencies change. The Foreign Exchange or FX market is the world’s largest financial market, with a volume of over US $ 1.5 trillion per day. FX has always traditionally been an institutional or inter-bank market, however online services now offer simple and easy access to Foreign Exchange for retail investors and traders.FX has now become a leveraged product and can be traded on margin therefore some time called FX margin trading as well.

Margin :

When you open an FX position, you are not required to pay the full value of the trade. The online trading system of our principal allows trading on a 1 % margin, meaning that you would be required to deposit only 1% the position value known as “initial margin”. 1 % margin gives you leverage of 100 times on your account balance.Caution: It is important to remember that margin trading increases your exposure to risk and reward, therefore, losses and profits can be significantly higher.

How to calculate margin :

You buy EUR 125,000 spot EUR/USD @ 1.2730.You are required to have a minimum of 1% margin in your account.
EUR 125,000 X 1%(0.01) = EUR 1250 or US$ 1,591(1250X1.2730)
To hold this position you are required to have US$ 981 or above as initial margin.

Sample Trade :

You buy EUR 125,000 spot EUR/USD @ 1.2730.(EUR/USD rate now reaches to 1.2760).You sell EUR 125,000 spot EUR/USD @ 1.2760.Buying spot EUR/USD rate = 1.2730.Selling spot EUR/USD rate = 1.2760.Difference in buying and selling rate = 0.0030.Profit calculation = 125,000 X 0.0030.Gross Profit before trade commission = US$ 375.

WHAT IS A CFD?

WHAT IS A CFD?

CFD means “Contract for Difference”. Originally used by large institutions in UK to cost effectively cover their equity exposures, CFDs are now a mutual and communal trading tool used by the retail investors around the world.As the name suggests, a CFD is simply the setting of a contract for the difference between the purchase price and sale price of a financial instrument.A CFD reflects the performance of an instrument such as Commodities and Indices etc, offering the benefit of trading these without having to physically own the underlying instrument itself.CFDs offer active traders a number of benefits over and above that of other trading instruments. This website seeks to explain these benefits.

A Flexible Tool :

One of the major benefits of using CFDs is that you can place both long and short positions with equal ease. If you buy (go long) a CFD, you can potentially profit if there is a rise in the underlying reference asset price and lose if underlying reference asset price falls. Conversely, if you initially sell (go short) a CFD, you will profit from a fall in the underlying reference asset price, and lose if the underlying reference asset price rises.

A Clear Advantage :

The transparent pricing structure of CFDs means that unlike other derivatives the price is always based on the underlying instrument. Our principal’s CFD prices are derived from the underlying market. This means CFDs give you access to the underlying market liquidity, plus additional liquidity offered by our principal.

An efficient use of your capital :

CFDs are traded on margin. This is a far more cost efficient use of capital because you only have to allocate a small portion of the value of your position to secure a trade, whilst still maintaining the same market exposure as you would have if you had paid the full consideration. This mean your potential return on investment is magnified but remember trading on a margin will also magnify losses, if your position goes against you.

Margin :

You do not pay a full underlying value of a CFD trade. However before your trade you are required to deposit known as “initial margin”. Initial margin rates vary between instruments. These are calculated as a percentage of the overall value of the trade, typically between 1% to 5%. If all your trade is eligible for a 5 % margin, you can hold positions worth a total USD 100,000 having deposited only USD 5,000. You would therefore gain twenty times leverage on the collateral provided.Caution: It is important to remember that margin trading increases your exposure to risk and reward, therefore, losses and profits can be significantly higher.

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Saturday, April 25, 2009

Quoted and Basic Currencies

he spot exchange rate is the price of one currency in terms of another. In the example above,120.44 – 120.52 USD/JPY, USD is the basic currency and JPY is the quoted currency. This is not the case in our second example, 1.3600 – 1.3610 GBP/USD, where USD is the quoted currency because it is second in the GBP/USD expression.

Pips and Figures

The following example demonstrates what pips and figures are:

Direct and Indirect Quotes

On the currency exchange market in every country, the local currency is quoted directly or indirectly against the US Dollar and other foreign currencies.

The direct quoting is the amount of local currency needed to buy one unit of the foreign currency and the amount of local currency respectively due to be received when one unit of foreign currency is being sold. For instance, in Japan:

120.44 – 120.52 USD/JPY

This means that dealers are buying one dollar for 120.44 yen, but are selling it for 120.52 yen.

Spot Date

The spot date on currency exchange markets is two working days after the actual deal. It takes two days to process all necessary documents and carry out all transactions, keeping in mind that usually the countries whose currencies take part in the deal belong to different time zones and payments need to be synchronized. The spot date cannot be Saturday, Sunday or an official holiday for any of the two countries. In such cases, the spot date is the next working day.
There is an option for the deal to be negotiated with a value date prior to the spot date, for example the same day as the date of the deal or the next day. In the first case, the value date is today’s date and in the second it is tomorrow’s date. In these two cases, the exchange rate is different from the exchange rate on the spot date. The difference arises because of the interest rate differential.

Spot Rate

Spot rate is today’s market price of one currency measured in terms of another, for example, the price of one US dollar in Swiss Francs. The spot rates of all currencies against the US dollar (USD) are basic ones, the rest are considered cross rates.
Some of the existing currencies are considered major; these include the US Dollar (USD), the Euro (EUR), the British Pound (GBP), the Swiss Franc (CHF) and the Japanese Yen (JPY).
When you ask dealers for a quote, for example EUR/USD, they will provide you with two different prices, e.g. 1.0643 – 1.0647. From the dealer’s perspective, the difference between the two numbers “buy” and “sell” is called spread. If you want to buy 1 Euro, you have to pay theoretically 1.0647 USD for it, but if you want to sell 1 Euro you are going to be paid 1.0643 by your dealer. In this case, the difference between “buy” and “sell” in the spread is 0.0004, or 4 pips. In fact, buying one currency is the action of selling another. Alternatively, selling one currency actually means that you are buying the other.

Currency

Please, enter the currency pair abbreviation separating the two currencies by a slash, e.g. EUR/USD.

Determine Market Trends by Resistance and Support Price Levels

In order to calculate a resistance/support level, please enter the code or symbol of the desired instrument:

– Currency pairs – abbreviations need to be separated by a slash (i.e. EUR/USD);
– Stocks or stock indices – you need to enter the symbol of the appropriate asset. If you are not aware of a certain symbol, you can find it from the list of quoted instruments by clicking on stocks or indices.

Currency Converter

Deltastock offers webmasters an easy to integrate, customizable currency converter. Currencies are converted at live market prices. The Currency Converter proved to be a valuable tool for, among others, FX traders, businesses, travelers.

INDICES QUOTES

INDICES QUOTES

SymbolBidAskHighLowCAC40

3110

3112

3110

3112

DAX

4659

4661

4659

4661

DJIA

8085.5

8088.5

8086

8088

NDAQ100

1372

1374

1372

1374

SPX500

867.27

867.77

867.27

867.77

UK100

4157

4159

4157

4159

SOFIX

347.31

354.29

346.09

BG40

99.2

99.94

98.8

FOREX QUOTES

FOREX QUOTES

SymbolBidAskHighLowEUR/USD

1.3242

1.3245

1.32445

1.32435

USD/JPY

97.14

97.17

97.155

97.145

GBP/USD

1.4655

1.4659

1.46568

1.4657

USD/CHF

1.1399

1.1403

1.14016

1.14006

USD/CAD

1.2094

1.2098

1.20959

1.20966

AUD/USD

0.7224

0.7227

0.72255

0.72265

NZD/USD

0.5719

0.5724

0.57217

0.57207

USD/BGN

1.4765

1.477

1.47671

1.47682

EUR/RON

4.2151

4.2551

4.2501

4.2201

USD/TRY

1.6091

1.6111

1.61

1.6101

Stock and Forex Live Quotes

Track quotes of the ten most popular currency pairs as well as the price movements of the ten most traded Bulgarian stocks and global stock indices that are available through Deltastock proprietary online trading platforms – Delta Trading and Delta Broker.

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The Bulgarian Stock Exchange – Sofia (BSE – Sofia) is one of the fastest growing equity markets in Europe. The zero capital gain tax, introduced in 2001, shareholder rights protection, Bulgaria’s EU membership, as well as country’s stable economy are leading to a growing number of local and foreign investors on the BSE – Sofia. More and more Bulgarian companies seize the opportunity to raise capital by listing their stocks on the BSE.

Currently, there are more than 500 companies listed on the Bulgarian Stock Exchange.

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BSE-Sofia Trading Session

Trading sessions on the BSE-Sofia are conducted Monday through Friday. Trading hours vary according to the type of the financial instrument and the type of the market it is being traded on. The financial instruments with low liquidity are traded two times per trading session in pre-defined auctions, while all the other instruments are traded in continuous trading with one intraday auction. The duration of the trading sessions for the issues traded in continuous trading is as follows:

09:00–09:20	Pre-trading
09:20–09:30	Opening auction
09:30–10:50	Continuous trading
10:50–11:00	Intraday auction
11:00–13:40	Continuous trading
13:40–13:45	Closing auction
13:45–16:00	Post-trading

trading hours

The trading hours for the financial instruments that are traded only in auctions are as follows:

09:00–10:50	Pre-trading
10:50–11:00	Opening auction
13:40–13:45	Closing auction
13:45–16:00	Post-trading

All times are EET (Eastern European Time) – GMT+2.

One Trading Account – Access to Multiple Markets

Forex – 44 currency pairs
Down to 0.5% Margin

Over 1000 CFDs
on US & European Stocks and Indices
10% & 5% Margins

Spot Gold and Silver
1% Margin

CFDs on Crude Oil Futures
5% Margin

ETFs
on US & European ETFs
10% Margin

Cash CFDs
CFD trading by paying the full price of the financial instrument.

The Advanced Platform for Online Trading of Forex, CFDs on Shares and Indices, Precious Metals and Crude Oil Futures Learn More

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A fully licensed Forex & Stock Brokerage, Deltastock guarantees the opportunity for investors to trade on the Global Foreign Exchange market and on the major US and European Stock Exchanges via the proprietary Delta Trading platform.

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