Spencer George and Robert Chang from Summit International FX Develop new Strategy for Grain Trading

Summit International FX Brokers Spencer George and Robert Chang are both similarly excited by opportunities in the Grain market due to recent demand and have found a new way to maximize on profit potential using in-house trading software.
By: Summit International FX
 
SINGAPORE - June 22, 2015 - PRLog -- Due to the level of trading in agricultural options, the firm decided to charge Robert and Spencer with the task of of working with the technical department to develop proprietary software specifically designed to help our internal trading and research team make rapid decisions on a variety of different types of agricultural options and futures products.

Robert Chang, a Senior Broker at Summit International says - "In Canada for example where we have a large client base, over $20 billion in sales comes from the oilseeds and grain industry. This translates to just over $18 billion in exports representing almost half of all of agriculture and food exports from Canada."

He goes on to say “This makes for an ideal situation to acquire more clients that can enjoy a winning first trade in their own back yard."

Grain and soybean futures rose last week due to the threat of rain as steady rains threatened to minimize yields and make fieldwork difficult in parts of the Farm Belt.

Soybeans, Corn and Grain have all been identified as commodities that are likely to rise in price due to 52 week lows identified by our software along with several more complex readings that have been drawn from our software.

"Had we used this type of software and algorithms in 2014, with these same grains we would have made 25-35% more in this particular commodity." says Spencer.

Find out more about Summit International FX, what we do and how we do it by visiting our website at http://www.summitcfx.com.

----------------------------------

Summit International FX is a Commodities and Forex firm based out of Singapore offering fully managed and non-discretionary accounts to both retail and corporate investors around the world.

RIsk Disclosure: Past results are not indicative of future results and as such only risk capital should be used.

Contact
Summit International FX
press@summitcfx.com
+1 (855) 396-4988
End
Email:***@summitcfx.com Email Verified
Tags:Summit International, Spencer George, Robert Chang, Singapore, Summit International FX
Industry:Banking, Investment
Location:Singapore - Singapore - Singapore
Subject:Features
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Summit International PRs
Trending News
Most Viewed
Top Daily News

Most Viewed
Top Daily News
PTC News

Jun 22, 2015 News



Like PRLog?
9K2K1K
Click to Share