Thursday, 27 November 2008

ForexGen | DCS Announces At-Par Redemption Notices


DCS Announces At-Par Redemption Notices for Auction Market Preferred Shares



Dreman/Claymore Dividend & Income Fund (the “Fund”), a non-diversified closed-end management investment company, today announced a partial at-par redemption of its outstanding Auction Market Preferred Shares (“AMPS”), liquidation preference $25,000 per share.

The Fund will redeem $10 million of its outstanding AMPS. The redemption price will be equal to the liquidation preference per share, plus accumulated but unpaid dividends as of the applicable redemption date (as noted in the table below). Following this redemption, the Fund will have $115 million of AMPS outstanding.

With respect to this partial redemption, The Depository Trust Company (DTC), the holder of record of the Fund’s AMPS, will determine how the partial series redemptions will be allocated among each participant broker-dealer account, which may include selecting AMPS to be redeemed by lot or such other method as DTC deems fair and equitable. Each participant broker-dealer, as nominee for underlying beneficial owners (street name shareholders), in turn will determine how redeemed shares are to be allocated among its underlying beneficial owners. The procedures used by various broker-dealers to allocate redeemed shares among beneficial owners may differ from each other as well as from the procedures used by DTC.

Claymore Advisors, LLC, an affiliate of Claymore Securities, Inc., serves as the Fund’s Investment Adviser. Claymore Securities, Inc. is a privately-held financial services company offering unique investment solutions for financial advisors and their valued clients. Claymore entities have provided supervision, management, servicing and/or distribution on approximately $13.8 billion in assets, as of September 30, 2008. Claymore currently offers closed-end funds, unit investment trusts and exchange-traded funds. Registered investment products are sold by prospectus only and investors should read the prospectus carefully before investing.

Dreman Value Management, LLC, the Fund’s Investment Manager, was founded by David N. Dreman in 1997, and its predecessor firms date back to 1977. The firm had approximately $14.3 billion in assets under management as of August 31, 2008, primarily across institutional accounts, separate account wrap-fee programs, high-net-worth individuals and various investment companies. Independently owned, the firm is a value-oriented contrarian equity manager and places its primary emphasis on common stocks with growing dividends. David Dreman is widely known for his association with Forbes where he has penned a column entitled “The Contrarian” since 1980 and for publishing four books on low P/E contrarian value investing and behavioral finance.

This information does not represent an offer to sell securities of the Fund and it is not soliciting an offer to buy securities of the Fund. There can be no assurance that the Fund will achieve its investment objectives. The net asset value of the Fund will fluctuate with the value of the underlying securities. It is important to note that closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value. Past performance is not indicative of future performance. An investment in the Fund is subject to certain risks and other considerations. Such risks and considerations include, but are not limited to: Investment Risk, Market Discount Risk, Interest Rate Risk, Credit Risk, Lower-Grade and Unrated Securities Risk, Leverage Risk, Issuer Risk, Country Risk, Prepayment Risk, Reinvestment Risk, Derivatives Risk, Inflation/Deflation Risk, Management Risk, Turnover Risk, Anti-Takeover Provisions, Smaller Company Risk, and Market Disruption, Geopolitical Risk and AMPS Risk.

ForexGen Platform Advantages


ForexGen offers the most qualified Forex online trading platform which facilitates the online currency exchange services for different worldwide traders, companies and dealing centers

The major benefits of our platform:

• Following the current news of the Forex market
ForexGen online trading platform could accurately cover all the financial market situation, trading execution actions at Forex markets.

• Variable currency basis
Variable currency could be exchanged where any currency could be considered as general currency in the whole online trading operation in all the countries with the their national currencies.

• Economy and productivity
Our trading platform enables implemented data transfer for their economy. It allows supporting great number of online currency exchange traders via a single server with the following patterns: Pentium 4 2 GHz, 512 DDR RAM, and 80 GB HDD. Using recent protocols decreases the requirements of the data link and their execution cost.

• Consistency ( dependability )
ForexGen platform offers a backup and restoration system to handle any damaging to the historical data. In addition, it supports a system which allows restoring the damaged historical databases in course of minutes using another server.

• Security
The whole information exchanged between the different parts of the system is encrypted by 128-bit key which assures the safety of the transferred data and prevents any other person form utilizing this data. To increase the security our system is a built-in DDos attacks guard system it also increases the stability of the server accessing.

• Provided by many languages
A Multilanguage Pack program is provided with ForexGen platform offering many languages where the trading platform interfaces could be translated to any language. Our Multilanguage pack enables the trader to build his language and integrate it into the platform. This multilingual service facilitates utilizing our trading platform to the worldwide trader.

• ForexGen trading platform interfaces
At our trading platform we provide MetaTrader 4 Server API which allows the customization of the platform according to the trader's desire.

Monday, 3 November 2008

Popular forex scalping strategies

Forex scalping involves opening and closing a trade within seconds or the most, a few minutes. Forex scalping is increasingly becoming more popular because of the opportunity to book fast profits within a matter of minutes. Thought forex trading using scalping strategies results in smaller profits and comes with its own share of risks, if done correctly the profits can add up tremendously over a period of time. Adhering to the fast exit strategy is the key to making small gains compound into larger profits.

Forex scalping can be profitable for traders who use it as a primary strategy and also for those who use it as a supplementary one. However to gain profits from forex scalping, it is important that this kind of strategy should also match the trader’s own personal style of trading.

Although forex currency trading using scalping strategies is entirely legal, the only reason it is frowned upon and discouraged by brokers is the fear of going out of business because of the success of forex scalping. This only endorses the fact that there is indeed huge money to be made in fx trading especially if it is done using scalping strategies.

While forex trading is usually done manually, powerful trading platforms such as the MT4 and technology advancements have given rise to a different kind of forex scalper- the automated scalper. Also called system traders, these forex scalpers create partially or fully automated forex robots that are of great help towards increasing available trading opportunities as well as improving the efficiency of execution.

Some of the reasons why forex currency trading is so popular include:

• Ease of trading at the forex trader’s convenience: Forex trading in done 24/7 around the world, which allows traders to buy and sell when the price is right. The booked profits do not depend on market closing times. Also, many fx trading platforms provide real time news, chart and quotes free of charge, boosting forex trading ease and efficiency.
• Inexpensive cost of trading: Many forex currency trading companies do not charge traders any commissions, but get their compensation from the pip spread.
• Limited capital loss risk: Forex trading does not include any margin calls for the trader to worry about.

Different forex scalpers practice different strategies with varying degrees of success. Here are a few scalping systems that have proven to be successful in fx trading:

• Look for news that is going to be released and which has the potential to influence the forex market. Try and ascertain which pair of currencies is likely to be affected. Buying a few minutes before the news is released and selling soon afterwards is sure to gain you a small profit.
• Constantly monitoring the price movements of various currencies is important, but keep in mind trading sessions of the major markets, which include London, Tokyo, New York and Sydney. Recognizing the highly active sessions as well as the sleeping sessions can help forex scalpers gain profits from good price moves.

ForexGen principals:


ForexGen customer satisfaction is our major objective. To reach our business goals, we strive to put our client's goals in focus. We highly value our clients and always aim to exceed their expectations and cross the limitations encountered by the sophistication of the Forex trading industry.

The ForexGen's provided services are all restricted and regulated by the international banking and financial regulatory standards. All our provided activities are supported by creativeness and modernization. Ambitious & motivated employees are working simultaneously to protect the customer's confidentiality. ForexGen is continuously providing the market's most competitive conditions.