Saturday, June 21, 2008

Avalon Launches New Trading Software

Avalon Capital Holdings Corporation and its subsidiary, Traders Development LLC, announced the launching of a new proprietary trading software on May 6, 2008. ‘Avalon FX Pro 4.1’ is designed to help companies with their existing trading platforms by providing them a front end trading terminal. It is a stand alone trading terminal that is based on the FX Pro 4.1 Technology version and it can operate independently from the FX Pro 4.1 Back Office. The company claims that the software is capable of connecting with all reputable clearing houses not do the clearing houses have to use the program on their end for successful trading transactions.
Says Dr. Vladimir Karpenkov, CEO of Avalon Capital Holdings, I also think that the trading houses will see Avalon FX Pro Direct 4.1 as a cost-saving measure, which will reduce their technology expenditures while allowing them to focus on the most important thing: customer and product support. At the same time, when given the choice between trading with a clearing house’s existing trading platform and the Avalon FX Pro Direct 4.1, we are confident that many traders will select the Avalon FX Pro Direct 4.1.” The program is said to be sophisticated, intuitive, and more user-friendly when compared to other trading software systems.

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