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Live Forex Exchange Rates For Trading, Corporate Hedging And Currency Conversions Now Available In OILwatch
NY, September 22, 2004
OILspace, a technology company that provides web services applications, integration and market data distribution for trading, marketing and supply companies in the oil, natural gas and petrochemical sectors is now offering real-time Foreign Currency Exchange rates in OILwatch.
OILwatch is an Internet market data delivery platform for real-time and historical energy commodities news, pricing and analysis. It aggregates critical pricing feeds from the world's most respected global indices, including NYMEX, IPE, Platts, Dow Jones, BBC Monitoring, Natural Gas Intelligence (NGI), Cargo Inspections Group (CIG), Daily Hedger, Russian Fuel Agency Reports, Petroleum Argus, OPIS and more. It also integrates pricing settlements through the back-office, and features advanced interactive charting functionality used to track and forecast critical trends and transactions in today's volatile markets plus live links into Excel and more.
Thousands of energy professionals worldwide rely on OILwatch every day to buy, sell and transport oil products. Now, with live Forex data, major international commerce investment banks, large multinational corporations, global money managers, and currency international money brokers can log-on to OILwatch to track fast-moving Forex markets. OILwatch also provides the most economical Forex data option for emerging smaller financial institutions, futures trading companies and private investors entering the Forex market today.
The foreign exchange market is the largest financial market in the world. At every moment in the day, Sunday through Friday, trades are being executed worldwide. In OILwatch, users can actually see the currencies changing. There's no screen refreshing necessary. It displays true real-time ticks used to trade and profit, hedge corporate exposure and settle multiple currency budgets.
Forex Trades are always executed in pairs and involve the buying of one currency, and the selling of another. OILwatch features an easy Forex Symbol Selector that allows users to choose spot rates for gold, platinum, silver and palladium, plus 16 currency pairs representing the most liquid currencies including the U.S. Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.
"By adding Forex Rates to OILwatch, we're able to serve our current customers with more vital information from one single source. Rather than subscribing to several independent sources for market data, they're able to simplY customize a new panel in their OILwatch portal and easily view various sources of market information from futures exchanges, leading publishers like Platts and Dow Jones and now Forex," says OILspace SVP, Christopher Sternberg. "Plus, financial firms can now discover the powerful benefits of OILwatch."
OILwatch leverages the benefits of the Internet making critical information accessible to all-size companies. It's convenient and mobile access allows users to log-in from any web-enabled PC, laptop or wireless pocketPC phone. There's no software, hardware or IT maintenance costs, which is why so many energy firms around the world consider it the most viable and powerful option for serving front and back-office personnel in one single office, or multiple global offices.
For more information about OILwatch, and to sign up for a FREE 14-Day with Forex Rates visit www.oilspace.com/eng/forms/free_trial.html.
About OILspace
OILspace is headquartered in NY with offices in London, Moscow and Singapore. It's the leading global provider of web service applications for oil, gas and petrochemical trading, marketing and supply operations. Launched in 1999, OILspace now provides services to 9 of the world's top 10 oil companies. OILspace employs over 150 staff serving hundreds of clients of all sizes and roles within the energy supply chain. Other OILspace products include ASPect Office, featuring a series of integrated front-, mid- and back-office component applications including: Deal Entry, Order Management, Risk Management, Pricing & Analytics, P&L and Position Keeping, Operations, Logistics, Inventory Management and Accounting. OILspace TeamWorks provides a unique, online collaborative environment for brokers, traders and charterers and reveals real-time global tanker fixtures and positions to the shipping marketplace.
OILspace US/ Canada
Brigette Gebhard
bgebhard@oilspace.com
+1 732 797 0046
EMEA PR Agency
Kevin Fiske
kevin@sagepartnership.com
+44 1189 344007
OILspace Asia-PAC
Kishor Sujanani
ksujanani@oilspace.com
+86 21 6122 1075 |
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