Company news

Boston Technologies Announces Launch of USDTHB!

Boston Technologies Inc., the global leader in foreign exchange trading solutions, is very pleased to announce that strategic liquidity partners, Boston Prime Ltd. (UK FCA License # 539846) and BT Prime Ltd., are launching USDTHB (US Dollar / Thai Baht) on all of our trading platforms!

The political crisis hitting the country has activated Thai FX traders in the arena of the increased Thai currency volatility. . There is a growing demand from both speculators and hedgers in the country to trade Thai Baht as Boston Technologies Southeast Asian expansion continues. According to the Bank for International Settlements (BIS), the Thai Baht ranked 27th among the most actively traded currencies in the forex market in April 2013, representing 0.3 percent of average daily forex market trading volume.1

What is Thai Baht?

The Thai Baht is the official currency of the Kingdom of Thailand. The conventional market quotation is the number of baht per US dollar. The baht is an independent, free-floating currency.

What are the benefits of trading THB with BT Prime Ltd. or Boston Prime Ltd.?

  1. Take advantage of expanded opportunity to trade this emerging market currency
  2. Trade USDTHB alongside other FX instruments from a single MT4 interface or via FIX API
  3. Use our flexible trading conditions to conveniently execute small trade sizes (from 0.01 standard lot)
  4. Benefit from generous 100:1 leverage!

Don't miss out on the opportunity to trade these unique currency– contact us TODAY to open an account!

Truly yours,

Boston Technologies

Phone: 1.617.314.6800

www.bostontechnologies.com

 

Take Advantage of Our New Pair: USD / THB 

 USD / THB Trading Conditions: 

Instrument

USD/THB (US Dollar / Thai Baht)

Available Liquidity

~1 million (10 standard lots) top of the book**

Min trade size

0.01 lot (1,000 lots)

Max trade size

10 lot (1 million base currency)

Leverage

1:100

Average Spread

24 pips
*Based on all ticks collected throughout the month

Access

MT4, FIX API

Session times

17:15 US Eastern Time (ET) on Sunday to 16:50 ET on Friday* 

 

 

THIS NEW PAIR IS AVAILABLE ON YOUR TRADING ACCOUNT STARTING April 13th, 2014!

For more information about USDTHB, please contact sales@bostontechnologies.com

 *Best dealing hours 8.00 am – 4.00 pm (Bangkok time)
**Market liquidity USD 500 MLN – 1 bln spot (daily)

1Source: https://www.bis.org/publ/rpfx13fx.pdf

Risk Disclosure:
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree
of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Emerging markets investments usually result in higher  risks such as political risks, economical risks, credit risks, exchange rate risks, market liquidity risks, legal risks, settlement risks, market risks, shareholder risk and creditor risk. Investors should be willing and financially able to accept the risk characteristics of the investments described in this documentation.

 

Monday, 14 Apr, 2014 / 7:10

Source : http://www.bostontechnologies.com/

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