Interview with Michael Rodden, admin of OpenTrade

August 30, 2007 - 3:09pm Author: olabisi75
OpenTrade program starts with their site. It is accurate and much informative. But advanced content doesn`t disturb functionality and high level of convenience, which makes acquaintance with the program very pleasant. The second, it is paying and its work is stable and confident. Should we mention that we couldn’t escape communicating with such program? The results of this communication are given below. Hello. At first, please introduce yourself. Whom are we talking to? What’s your name? My name is Michael Rodden.. Tell me please what your functions in the company are. What's your position in the program? I am a PR Manager at Open Trade International, Inc. We are always interested to know who makes the team of the program – this is the most important element of its success. Who makes up your program? There are four people who are directly involved in our Internet project: Mark Perez - our network administrator, two girls working at our customer support – Linda Dawley and Barbara Parrington, who reply to e-mails and chat live with our clients, and me. The management of investments and trading on FOREX market is performed by our European office in London, UK. Our company uses teleworking. More than one hundred people from Eastern Europe, China and India are involved in the development of our automated trading software. Could you tell a little bit about your (and all other members of the staff) background? Our employees are real professionals in the sphere of Forex trading, banking, economy, programming, and business administration. We suppose that address or at least exact geographical position of the company has already become open information. Central office of our company is based in London. Our Support Department is based in New-York, USA. In order to work with investments in the Internet we created an off-shore company Open Trade International, Inc. (Republic of Panama). Such approach gives us wider opportunities of cooperation with private investors from all over the world. Are you a registered company? Open Trade International, Inc. is legally registered in Panama. What about your registration documents? Do you provide them for DD? Or maybe they are accessible for your members only? Each registered user of our website may request the incorporation documents from our customer support. Can investors visit your office, or meet with you somewhere else? We do not meet our clients at the moment. In the future we plan to organize conferences for serious investors in visa free resort countries. Watch our news. What support options do you offer? E-mail, tickets, live chat, and fax.. Phone support is available only for VIP clients. Michel, please tell us briefly about the beginning of Internet life of your program. When did it begin and how? Since May 15, 2006 we were presented in the Internet by our website www.OpenTrade.net. At that time we started to attract capital to our investment project. The development of our software component took us more than 5 years. Some investors criticized a referral program, which is supposedly used for creating pyramids. We do not share this opinion and we see that you have a referral program. Why did you decide to provide your members with such option? We are glad to present our referral program with the help of which our clients can get additional revenue. This is the most popular and the most effective mean of advertising in the Internet. Our clients are provided with a wide range of promotional material that is located in the clients' area of our website. Tell us general information about your hosting service, please. Is it reliable? Is it paid? We have several paid servers. Our clients' database is encrypted and is placed on a separate server. Our clients have no reasons to worry about the safety of their money and personal data. What do you think sets your program apart from all the other "opportunities" out there? We consider that the final choice should be made by the client. The good indicators are positive reports and the gratefulness of both newbies and advanced clients. It would be interesting to know, Michael, your personal opinion about potential term of your program`s functioning. How do you evaluate its perspectives taking into account risks that exist on the market? At the moment everything goes as it was planned and even much better. That was the right decision to attract funds from outside. Our cooperation with the online public is extremely profitable for everybody. We do not see any reasons to stop our activity.. We work hard to become the most dynamically developing company in this sphere of business. What steps have been taken to secure members funds? 30% of our income goes to a reserve fund which participates in Forex trading with lesser risks. I would like to add that we have enough funds to cover all the risks of our clients. Do you trade yourself or do you employ traders? The majority of our staff are professional traders. Their main task is to consult our programmers that continue their work on the automated trading system. How long have you or your traders been trading? If you ask about the experience in Forex trading, we have employees with more that 7 year experience. Would you be willing to provide us copies of trade histories? Îíà äîñòóïíà äëÿ âàøèõ êëèåíòîâ? The detailed trading history is provided in the clients' area. Of course, we’d like to know your nearest plans for future. It is very important for program`s development. No plans for the future.. Everything works as it is supposed to, and there's no wish to change anything. Everybody wishes peace and stability. And we are very close to it. Are you planning to close your program for new investors at any time? We mean turning into a private mode, of course. No, we aren't. At the moment there's a promotional offer that is valid from June 20, 2006 to December 20, 2006. You can read about it on our website.. How do you think, why your program is worth joining it? Please give a few reasons. We came to the market with really a unique offer. There's no need to urge anybody to our investment project. Everybody can join us with any amount. We are open to everybody. You can add something from yourself or tell something that we have forgotten to ask about. We would like to thank you for the possibility to present ourselves to the visitors of your website. We are much thankful for your communication, thanks for your attention. We hope you will get a success and you will be fortunate – we wish it to you!

SWISSCASH/ SWISS MUTUAL FUND MONIES ARE HELD SAFE BY MALAYSIAN SECURITY COMMISSION

September 28, 2007 - 4:08pm Author: REVATHI Article Discussion
At last there is something that gives swisscash investors all over the world a sigh of relief.
Yes, Swisscash investor funds/monies are not taken over by ‘the scammers’. They are real. And the court case is real. The trial is real. The orders obtained by the Malaysian Securities Commission are real. The websites are still blocked-this is also a reality.
The news spread over by the bloggers that “none of the 7 accused attended.” “the SC asked for ten days more time to submit the proofs” “ the next adjournment is either on 8th or on 23rd October, 2007” all are false. And eyewash only.
Check it with Malaysian Securities Commission at: http://www.sc.com.my/ press release.
The Malaysian Securities Commission yesterday came out with “a breakthrough in its civil enforcement case against Swisscash internet investment scheme when it secured a Court Order to direct one of the defendants, Amir Hassan, to transfer back to Malaysia all Swisscash monies held in bank accounts overseas within seven days”.
The monies mentioned therein goes to the tune of RM35 million (US$10.245 million approx.) held in “six Hong Kong bank accounts and eight Singapore bank accounts.
The SC says that the worldwide Mareva injunction is still pending on Swisscash/SMF. It reminded the investors that the above entities are not registered with Securities Commission and operate in “in the borderless Internet realm.”
Once again the SC confirmed that the four websites of Swisscash are blocked by it.
Yes, the Swisscash activities are ‘illegal’ from Malaysian Securities Commission point of view because the Swisscash entities are not registered with Securities Commission.
Do you realize what it is and when the frozen swisscash websites will open

INVESTORS OFFSHORE - NEWS
UBS To Buy Swiss Mutual Fund Firm, Ulrika Lomas, Tax-news.com, Brussels 10 November 2000
UBS Asset Management, a unit of Swiss financial services giant UBS, announced this week that it is to acquire Zurich-based Fondvest AG, an asset management company specializing in independent advisory and distribution services in the fund business. Fondvest offers clients such as banks, insurance companies and asset managers, but also private individuals, access to a comprehensive range of funds from Swiss and foreign providers. Terms of the transaction were not disclosed.
UBS has bought Fondvest in order to boost its sale of third-party funds. UBS said in a statement: 'With this move UBS agreed to buy secured access to an independent service platform in the dynamic growth market of open fund distribution.'
Fondvest was formed in 1993 and offers - via a central trading and advisory platform - access to over 1,600 investment funds from 60 domestic and foreign fund providers. The company is primarily oriented towards banks, insurance companies and asset managers that want a simple way to offer their clients a comprehensive and independent range of funds from a single source. The firm will continue to be run autonomously by its current management team under its existing name.
http://www.investorsoffshore.com/index.asp

Hi Readers,
As Promised we are trying to get you Geniune Information aboiut Swisscash. We Dont Have an Concrete News As of Now. We dont Want to Give A fake News Like other Websites / Blogs.
Most of the Swisscash Investors are Logging into www.palinureinterest.com and they are loosing the Login Information Because palinureintrest is changing the Password .
Please dont Loggin to palinureintrest. This Has Nothing to Do with Swisscash. You May Loose All Your Valueble Epoints
http://www.blogger1.info/

Please wait for swisscash to directly contact investors trough SMS/EMAIL.

PRESS RELEASEKuala Lumpur , 27 September 2007Capital Markets and Services Act 2007 comes into force 28 Sept – Strengthens capital market and investor protectionThe Capital Markets and Services Act 2007 (CMSA) comes into force on 28 September 2007, marking a major milestone in the Securities Commission’s (SC) continuous measures to strengthen the capital market regulatory framework, improve business efficacy and further enhance investor protection.“The introduction of the CMSA marks significant enhancements to our approach in regulating the marketplace. It sets the stage for us to achieve key regulatory outcomes in relation to investor protection, market integrity and systemic stability,” said the SC Chairman, Dato’ Zarinah Anwar.The CMSA accords greater protection to investors by:• enhancing the SC’s power to take civil action and administrative actions,• allowing the SC to recover three times the amount of losses through civil action for a wider range of market misconduct including market manipulation,• requiring application monies of sophisticated investors to be held on trust in fund raising exercises,• enhancing the standards of trustees for debenture holders, and• extending investor protection provisions to clients of financial institutions.A key CMSA measure benefitting capital market intermediaries is the introduction of the single licensing regime. Under this measure, intermediaries hold a Capital Markets and Services Licence as opposed to multiple separate licences, which effectively reduces administrative and compliance costs, and ultimately saves time.A Licensing Handbook explaining the implementation of the single licensing regime has also been released. The Handbook stipulates, among others, that Capital Markets and Services Licence holders are required to attend mandatory equity training courses under the Industry Transformation Initiative (ITI), a new series of CPE training courses funded by the Capital Market Development Fund.The CMSA increases the efficiency of the fund raising process where SC’s approval on corporate proposals such as share splits or share consolidations, and entitlements in respect of warrants, options or rights will no longer be required.The law provides further impetus to Malaysia's position as a competitive global Islamic financial hub by providing clear statutory provisions to recognise Islamic products. Notably, under the CMSA, Islamic banks which carry out the whole range of capital market activities for all Shariah-based products and services are automatically granted the ‘registered person’ status.To ensure a smooth transition to the new regulatory framework, the SC has introduced the Capital Markets and Services Regulations 2007 and Guidelines on Regulation of Markets, which come into effect concurrently with the CMSA and the consequential amendments to the Securities Commission Act 1993.Provisions relating to take-overs and mergers in the CMSA will come into force in 2008 with the revised Code on Take-Overs and Mergers, which will be introduced after consultation with industry participants.The CMSA, passed by Parliament in May 2007, consolidates the Securities Industry Act 1983, Futures Industry Act 1993 and Part IV of the Securities Commission Act 1993 which deals with fund raising activities.The SC will be issuing a series of FAQs on the salient features of the CMSA. These FAQs, the CMSA, the Licensing Handbook, Capital Markets and Services Regulations 2007 and Guidelines on Regulation of Markets will be available at here from 28 September 2007.Enquiries on the CMSA can be e-mailed to cmsa@seccom.com.my or directed to the Corporate & International Affairs Department via telephone at 03-6204 8777.