Electronic Currency
Electronic Currency also known as e-money, electronic cash, electronic money, digital money, digital cash or digital currency. Actually, electronic currency is refers to money or scrip which is exchanged only electronically. It is involves use of computer networks, the internet and digital stored value systems. For examples: Electronic Funds Transfer (EFT) , direct deposit and etc. It is also a collective term for financial cryptography and technologies enabling it.
Electronic Currency Trading System (ECTS)
ECTS is an electronic currency trading investment platform that offers its clients an efficient way to trade foreign currencies against the strength and weakness of the US dollar. Utilizing its database of historical price patterns and technical indicators, the complex algorithms interwoven into the system allow for the recognition of entry positions with maximum profit potential.
In order to maintain prudent money management, 24-hour stops are put in place to lock in gains as well as prevent heavy losses. There has never been a better time to invest in currency trading than right now.
ECTS Trades the 6 Major Currencies
1. Euro,
2. Yen,
3. Australian $,
4. Canadian $,
5. Swiss Franc
6. British Pound.
It attempts to capture longer term moves, and is not a day-trading system. All currencies are traded on the regulated markets of the Chicago Mercantile Exchange. Generally all Exchange fees are public. Spreads are consistently tight.
As opposed to many mechanical trading systems, which always seem to lack an “ingredient” such as a stop-loss, or a trailing stop, this system has all the elements that a trader might seek in a mechanical trading system.
ECTS is not a mystery system; anyone who purchases the system has full access to the inputs and logic.
Digital currency exchangers (DCE)
Digital currency exchangers (DCEs, independent exchange providers or e-currency exchangers) are market makers which exchange fiat currency for electronic money, such as digital gold currency (DGC), and/or convert one type of digital currency (DC) into another, such as WebMoney into e-gold. Exchangers apply either a commission or bid/offer spread to transactions.
Wednesday, February 11, 2009
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