Interim Internship Report

Only available on StudyMode
  • Download(s) : 66
  • Published : December 23, 2011
Open Document
Text Preview
CHAPTER -1
INTRODUCTION
1.1ABOUT 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. * Cosmo Tradex offers its revolutionary online trading platform to client to deal directly from live streaming quotes. 1.2 ABOUT KERFORD FX

“Explore Ways with Kerford for a better future” Kerford Investment Ltd. Was founded by Financial Market Veterans to offer online traders, a direct access to the Global Foreign Exchange, Exchange for Physical (EPP), metals and OTC (Over the Counter) Markets. Thus, Kerford Ltd. acts as the moderator of a platform where investors from around the world can trade safely and serve their own apetite for risk and return. Its mission is to provide clients the best combination of trading software with the benefits of getting fast and accurate prices, real-time price charting, technical indicators and other fundamental news( updated) to facilitate an individual to take decisions and value added products and services at very competitive and reasonable costs . * It provides online traders direct access to the Global Foreign Exchange, Exchange for Physical Metals and OTC market. * It provides its clients complete confidentiality regarding personal information and transactions in customer trading account. * Clients have complete control over their position as to open, close or to hedge their positions to reduce risk. * It has fast and efficient back office operations as in opening new accounts and processing client withdrawals simultaneously. * To better serve its International client base, Kerford is building and expanding regional headquarters in the major financial sectors of Europe, Asia, Africa and North America. 1.3 PURPOSE OF THE PROJECT

The main aim of this Project in real time is to direct and guide investors towards the attainment of Critical market knowledge so as to determine where to invest and where to exit with profits. In this process, there is certainly a lot of risk involved as future is uncertain, so our attempt is to minimize that risk by careful market analysis and adoption of...
tracking img