Interim Internship Report
CHAPTER -1 INTRODUCTION
1.1 ABOUT THE COMPANY
Cosmo Tradex Pvt. Ltd is an introductory broker of Kerford Fx of UK, in India. It was started in the year 2002 and is spread all over the states in India. It has opened 246 branches all over India with 500 agencies and more than 1000 franchises. Cosmo offers specialized trading and execution services to individuals and institutional clients. It works as a brokering and consulting house of Kerford Fx for Indian clients and helps in carrying out its full-fledged operations in the following three trading platforms: 1 1. International Commodity Market- It is a 24-hour market. There is no lock-in period for funds invested in this market. It is a two-way market i.e. the market may either run Bull or Bear phase. Commodities are classified into two categories i.e. a) Agro-based- Soya, Cotton, Cocoa, Coffee etc b) Energy Based- Crude Oil, Heating Oil, Natural Gas etc 1 2. Bullions Market- It deals with Gold, Silver, Copper, Platinum and Palladium. 2 3. Forex Market- it is also a 24-hour market. It deals with the following currencies:
US Dollar (USD), Swiss Franc (CHF), Australian Dollar (AUD), Japanese Yen (JPY), Great Britain Pound (GBP), Euro (EUR).
It gives an opportunity to trade in the following major exchanges:-
* NEWYORK BOARD OF TRADE (NYBOT) * CHICAGO METAL EXCHANGE (CME) * LONDON METAL EXCHANGE (LME) * CHICAGO BOARD OF TRADE (CBOT) * COMMODITY EXCHANGE (COMEX) * NEWYORK MERCHANTILE EXCHANGE (NYMEX)
WHY COSMO TRADEX? * Cosmo Tradex consistently provides liquidity to the client base via a real time internet based trading platform. * Cosmo Tradex clients also enjoy 24 hours trading, competitive dealing spreads and minimal transaction or commission fees. * Kerford Investment, parent organization of Cosmo Tradex has gained a strong position in the online trading arena and has clients in more than 50 countries worldwide. *
1.1 ABOUT THE COMPANY
Cosmo Tradex Pvt. Ltd is an introductory broker of Kerford Fx of UK, in India. It was started in the year 2002 and is spread all over the states in India. It has opened 246 branches all over India with 500 agencies and more than 1000 franchises. Cosmo offers specialized trading and execution services to individuals and institutional clients. It works as a brokering and consulting house of Kerford Fx for Indian clients and helps in carrying out its full-fledged operations in the following three trading platforms: 1 1. International Commodity Market- It is a 24-hour market. There is no lock-in period for funds invested in this market. It is a two-way market i.e. the market may either run Bull or Bear phase. Commodities are classified into two categories i.e. a) Agro-based- Soya, Cotton, Cocoa, Coffee etc b) Energy Based- Crude Oil, Heating Oil, Natural Gas etc 1 2. Bullions Market- It deals with Gold, Silver, Copper, Platinum and Palladium. 2 3. Forex Market- it is also a 24-hour market. It deals with the following currencies:
US Dollar (USD), Swiss Franc (CHF), Australian Dollar (AUD), Japanese Yen (JPY), Great Britain Pound (GBP), Euro (EUR).
It gives an opportunity to trade in the following major exchanges:-
* NEWYORK BOARD OF TRADE (NYBOT) * CHICAGO METAL EXCHANGE (CME) * LONDON METAL EXCHANGE (LME) * CHICAGO BOARD OF TRADE (CBOT) * COMMODITY EXCHANGE (COMEX) * NEWYORK MERCHANTILE EXCHANGE (NYMEX)
WHY COSMO TRADEX? * Cosmo Tradex consistently provides liquidity to the client base via a real time internet based trading platform. * Cosmo Tradex clients also enjoy 24 hours trading, competitive dealing spreads and minimal transaction or commission fees. * Kerford Investment, parent organization of Cosmo Tradex has gained a strong position in the online trading arena and has clients in more than 50 countries worldwide. *
References: [1]. www.kerfordfx.com [Accessed 10th April 2010]. [2]. www.netdania.com [Accessed 18th March 2010]. [3]. www.forexfactory.com [Accessed 27th March 2010]. [4]. www.investopedia.com [Accessed 22nd February 2010]. [5]. www.incrediblecharts.com [Accessed 6th April 2010]. [6]. www.bloomberg.com [Accessed 12th March 2010]. [7]. Steven B. Achelis, 1995. Technical Analysis from A to Z. [online], 2nd ed. United States of America, Available from: http://www.books.google.co.in/ [Accessed 15th March 2010]. [8]. Michael Duane Archer. Getting Started in Forex Trading Strategies. [Online], United States of America, Available from: http://www.books.google.co.in/ [Accessed 24th March 2010]. [9]. Michael C. Thomsetts. Getting Started in Fundamental Analysis. [Online], New Jersey, Available from: http://www.books.google.co.in/ [Accessed 5th April 2010]. [10]. Philip Gotthelf. Currency Trading- How to access and trade the world’s biggest market. [Online], Hoboken, New Jersey, Available from: http://www.books.google.co.in/ [Accessed 2nd April 2010]