easy-forex Wins Best Online Broker, Eastern Europe, in World Finance Awards 2012

easy-forex®, the pioneer online-currency-trading group that has revolutionised currency trading in over 160 countries since 2001, is thrilled to have been announced as the winner of the award for Best Online Broker, Eastern Europe, in the World Finance Awards for 2012. The World Finance Awards have been celebrating achievement, innovation and brilliance in their annual awards since 2007.  easy-forex was nominated this year in the category of Exchanges & Brokers and has been recognised for the outstanding performance of the trading platforms and accessibility to individual traders.

The awards are nominated by the readers of World Finance magazine and nominees are sought in order to recognise  industry leaders, eminent individuals, exemplary teams and distinguished organisations, which the organisers believe represent the benchmark of achievement and best practice in a variety of fields, including online forex trading.

The easy-forex award was recently accepted in London by Michael Konnaris, CEO of easy-forex.  Mr Konnaris said: “It is a true honour for easy-forex to be recognised as the Best Online Broker for Eastern Europe in the World Finance Awards 2012.  We have been offering online trading for more than 10 years now and this award is further recognition from our traders that our platform and service is world class.”  

easy-forex has been making trading foreign exchange possible for the private individual trader since 2001.  Regulated in Europe, the United States and Australia, clients trade securely with easy-forex and benefit from our simple to use platform and transparent procedures. Each day thousands of traders choose easy-forex to help take their trading to the next level.

For more information contact:
Amanda Chick, Senior PR & Communications Manager, easy-forex
Ph:  +357 25 828 899 x159, amanda@easy-forex.com

Notes to editors

easy-forex® is a pioneer online-currency-trading group that was founded in 2001, and has revolutionised currency trading in over 160 countries ever since.  Forex trading was previously restricted to professional traders and institutions, but we made trading foreign exchange possible for the private individual trader by lowering the cost of entry from USD 10,000 to just USD 25 and developing an easy and user-friendly web-based trading platform.  

With one easy-forex account, traders can trade currencies and commodities using their web, desktop or mobile platforms, from any location.  Personalised forex trading training programs, dealing room support and rewarding affiliate programs are some of the innovative features also available to traders, via our website.  
www.easy-forex.com

Risk warning:  Forex commodities and CFDs (OTC trading) are leveraged products that carry a substantial risk of loss up to your invested capital and may not be suitable for everyone. Please ensure that you understand fully the risks involved and do not invest money you cannot afford to lose. The information provided can under no circumstances be considered as a recommendation to engage in any trade.
Easy Forex Trading Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) (License Number 079/07)

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With eyes on Europe, U.S. stocks plunge

U.S. stocks fell the most in 14 months last week on concern Europe's leaders cannot contain the government debt crisis. A rout Thursday briefly erased more than $1 trillion in market value as the Dow fell almost 1,000 points, its biggest percentage loss since 1987, before paring losses.

Industrial and materials companies led declines in the Standard & Poor's 500-stock index as all 10 industry groups fell. Alcoa, General Electric, Hewlett-Packard and American Express led the Dow lower, each tumbling at least 10 percent. All 30 Dow stocks dropped except Kraft Foods.

The S&P 500 slumped 6.4 percent to 1,110.88, wiping out its advance for this year. The Dow lost 628.18 points, or 5.7 percent, to 10,380.43. Both had the largest weekly losses since March 2009.

"We have a massive debt bubble globally and it's going to take a decade or more to get back to reasonable, sustainable levels," said George Feiger, chief executive of Contango Capital Advisors. "There's this deep need to believe that the problems are over but the old system, the old opportunities, aren't coming back, at least not for many years."

Federal regulators are reviewing Thursday's plunge to determine whether the fivefold increase in the number of American equity exchanges has left them unable to manage surges in volume. The SEC will also examine if controls weren't in place.

The Treasury will sell $26 billion in three- and six-month bills on Monday. They yielded 0.14 percent and 0.20 percent in when-issued trading. The U.S. government also plans to sell $38 billion in three-year notes Tuesday, $24 billion in 10-year Treasury notes Wednesday and $16 billion in 30-year bonds Thursday. They yielded 1.35 percent, 3.43 percent and 4.28 percent in when-issued trading.

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