BoC To Auction C$2bln In 30 Day TLF on Monday
::
White House Officially Signs Off On Automaker Loan Agreements
::
Fed to Further Revise TALF Terms Based on Market Needs Going Forward
::
Fed Extends TALF Loan Maturity from 1yr to 3yrs
::
TALF Loans No Longer Distributed Through Auction, Available to All Eligible Borrowers --NY FED
::
BoA Sells $6.75bln of FDIC-Backed Debt
::
IL Governor intends to stay on the Job; will answer questions in appropriate forum
::
Obama - economists insist economy must be put back on track first
::
Obama - part of econ plan...mechanism to get budgets under control
::
Obama - once we get economy back on track, we will be confronted w/ "this enormous deficit"
::
Obama - will change how business is done in D.C.; no road to nowhere...
::
Obama - focus on job creation, increasing demand, fix financial markets will cost significant amount of money
::
Obama - need bold approach to stop rapid econ decline
::
Community Bankers Trust Gets $17.68mln of TARP Funds
::
Obama - concerned about Stimulus estimates; econ forecasts have deteriorated
::
Obama - must have reciprocity in Trade Agreements; labor, environmental agreements must be part of trade agreements
::
Obama - must rebuild regulatory structure
::
Obama - create jobs and train workers for them; the way to keep jobs in the U.S. is to rebuild infrastructure
::
No FED speeches scheduled thru year end - barring unforseen events
::
Petrobras Gas, Oil Output Totaled 2.17mln BPD in November
::

Username: Password: Forgotten your Password? Create an Account

August 1st, 2008: Avalon Capital Holdings Corporation (OTC: AVAL) and its wholly owned subsidiary, Traders Development, LLC (TD), has announced that Izhcombank has deployed a private labeled version of the Avalon FX Pro 4.1 trading platform. The launch is the result of a license agreement between TD and Capital Investment House, Ltd. The system is currently in operation and generating revenues for Avalon.

JSC Izhcombank Deploys Avalon FX Pro Forex Solution

Avalon’s Chief Operating Officer, Mitch Eaglstein, stated: “JSC Izhcombank's deployment of Avalon FX Pro reflects the trading platform's international appeal to regional banks seeking to increase their revenues by offering the FX trading services to their clients." JSC Izhcombank was recently ranked 293 of Russia Top 500 most profitable banks for the 1st quarter of 2008 according to the JSC Izhcombank website (source: http://en.izhcombank.ru).

Avalon’s President, Alex De Khtyar, stated: “This launch demonstrates that Avalon’s non-fragmented approach in providing software solutions to financial companies has international demand. We anticipate many more companies from all over the world to enter the Forex market and utilize Avalon software in the future. This launch is a major accomplishment for Avalon.”

TD’s development team provided a customized solution for Capital Investment House, enhancing its ability to compete for the acquisition of Forex clients. M. Kladov, Capital Investment House, Managing Director, said, “We are excited to offer our clients Traders Development LLC's Forex trading platform, which is one of the best. We tried out many other programs and this platform is head and shoulders above the others.”

Avalon provides a range of platform liquidity sources including leading dealer and ECN marketplace solutions. JSC Izhcombank clients will trade directly on the Hotspot FX ECN marketplace via Avalon's FX Pro 4.1 Trading Platform. In addition, Avalon will provide comprehensive 24-hour technical support services.

Avalon FX Pro Trading software, including front-end, back office, FX Pro USB, and Avalon Forex Academy, is one of the most easy-to-use trading terminals designed for currency exchange operations in the FX spot market. The platform offers clients stability, flexibility, and fast response time. Avalon FX Pro 4.1 is available in several language options for trading such as English, Russian, Chinese, Japanese, Turkish, and French. click here to return to the top of the page