You Don't have to be a Harvard Grad or have an MBA to be a successful trader! This is your opportunity to outsmart the "smart money"!
"If you aren't making at least $500-$1500 per day...you're doing something wrong"
Stock and Forex Chart add-on for eSignal,MT4 and Ninjatrader that is used by leading Hedge Funds and Market Makers. 90+% Accurate.
List Price: $ 100.00
Price:
Start a Forex Hedge Fund and Make Your Own Fortune
SPOT CURRENCY TRADING “FX” IS THE NEWEST AND FASTEST GROWING INVESTMENT VEHICLE IN THE HEDGE FUND INDUSTRY.
Now there is an easy turn key way for successful traders to set up their own Spot Forex Fund where:
You are the Fund Manager;
You Earn the Incentive Fee;
You control the Investment and trading strategy.
TURN KEY HEDGE FUNDS, INC.
The Turn Key Start up at a fraction of the traditional start-up costs.
The turn key back office that permits you to control the general operations while not having the responsibility for the day to day operations.
TURN KEY HEDGE FUNDS, INC.
The appearance of an ever growing number of FX Market Making houses means that now, FX traders are now able to quickly and efficiently launch their own SPOT CURRENCY HEDGE FUND at minimal expense with minimal regulatory oversight and with ease and efficiency.
As an FX Trader, you will be able “turn key” into operating your own Spot Currency Hedge Fund.
You provide the trading skill and ability and TURN KEY HEDGE FUNDS, INC will make it happen! No effort, no problem, we will just make it happen!
TURN KEY HEDGE FUNDS, INC. has established a number of contacts with foreign currency market makers that will provide the FX trader with trading opportunities formerly only available to large banks and brokerage firms. The FX traders will be provided with online trading platforms as well as assistance in their use including back office support, technology, compliance support, possible capital introduction and many more benefits!
Currencies are an ‘over the counter’ product, and as such not quoted or traded on any specific exchange. The prices are quoted by a large number of active ‘Market Makers’ such as banks, specialist currency brokers or other financial entities. There is no standard fixed contract size, nor are there any commission fees or any other additional transaction costs involved. All prices quoted are ‘two way’, i.e., a bid and offer (the spread). This price quoted is inclusive of all trading costs. The spread may vary depending on market conditions and liquidity. Prices may vary depending of liquidity and are constantly changing. The ‘market’ is alive around the clock and ‘follows the sun’ around the globe. It is possible to operate efficiently in the market from 20:00 GMT Sunday through 21:00GMT Friday. Positions can be opened and closed at any time throughout this period. The international date line is located in the western Pacific, and each business day arrives first in the Asia Pacific financial centers first Wellington, New Zealand, then Sydney, Australia, followed by Tokyo, Hong Kong, and Singapore. A few hours later, while markets remain active in those Asian centers, trading begins in Bahrain and elsewhere in the Middle East. Later still, when it is late in the business day in Tokyo, markets in Europe open for business. Notably, the European time zone is the most active, with about 2/3 of all global transactions being cleared through London. Subsequently, when it is early afternoon in Europe, trading in New York and other U.S. centers starts. Finally, completing the circle, when it is mid or late afternoon in the United States, the next day has arrived in the Asia Pacific area, the first markets there have opened, and the process begins again.
The twenty four hour market means that exchange rates and market conditions can change at any time in response to global developments anytime. Any dealing institutions chosen by the Partnership must have 24 hour trading available. This is the only market where investors can react and potentially profit from any economic, social and political event at the time it occurs day or night.
Michael Lapat is the President, General Counsel and a founder of TURN KEY HEDGE FUNDS, INC (www.turnkeyhedgefunds.com). He currently serves on the Board of Directors of the Hedge Fund Association, a non profit association representing the Hedge Fund Industry. In 1998, Mr. Lapat was a co-founder of a successful hedge fund which from August 1998 through September 2000 grew its assets from 0,000 to ,000,000; and during which time had an average annual return of 78.53%. At that fund, he was responsible for document preparation, investor relations, fund administration, and legal and compliance matters, as well as other back office matters. Mr. Lapat was responsible for the initial launch of the domestic hedge fund as well as its transition to a master feeder fund structure with onshore and offshore feeder fund components.
Article from articlesbase.com
Hedge Fund Stock & Forex Chart Indicator
This is the same exact chart trading tool hedge funds and market makers use. Huge Demand, 1 sale per 34 visitors. 50% payout. Compatible with esignal, mt4, ninjatrader. -Mindblowing Sales Page.. take a look.
Hedge Fund Stock & Forex Chart Indicator
How To Start A Forex Hedge Fund
Overview of Forex Disclosure Documents
Although there are currently very few details concerning the upcoming Forex registration rules, many Forex managers are preparing for registration, including the preparation of the Forex disclosure documents. Whether the Forex manager is a “Forex CTA” and only provides advice to individual accounts, or if the manager is a “Forex cpo” and provides advice to a fund, the manager will need to have some sort of disclosure document to provide to the investor. This document will need to be prepared in accordance with the NFA regulations and will also need to be approved by the NFA prior to giving them to potential investors. The disclosure documents will generally need to be prepared by the Forex attorney.
Selecting the Forex Attorney
A good Forex attorney is well versed in all aspects of the Securities laws and has experience with Forex managers. It is also helpful when the attorney understands the business aspects of the Forex manager’s trading program. For example, it is often helpful if the attorney has taken and passed the Series 3 exam (and, soon, the Series 34 exam). You will also want to talk to the attorney about the process and timeline of both the Forex registration process as well as the disclosure document creation process. After you have decided on a Forex attorney, you will likely sign an engagement letter and submit a retainer payment – they the attorney will begin drafting the offering documents. How To Start A Forex Hedge Fund
Disclosure Documents
There are three main parts of a Forex fund’s offering documents – the private placement memorandum (PPM, sometimes also called the offering memorandum), the limited partnership agreement and the subscription documents. Below, we have detailed the important parts of these items:
Forex PPM – like a regular hedge fund (especially a commodity hedge fund), the Forex fund PPM will include the following sections:
Legal Disclosures
Discussion of the Forex Investment Program
Background of the Forex Manager
Risks Factors of the Forex Trading Program
Discussion of the Potential Conflicts of Interests
Descriptions of the service providers – a discussion of the service providers will included in the offering documents. This includes the attorney, the administrator, the auditor and the Forex dealer member (FDM). Current pending litigation of the FDM will also need to be disclosed – your attorney will gather these details.
Performance Results – the NFA is expected to require in depth information about the fund’s past performance. These requirements are likely to be substantially similar to the current requirements for non-Forex CPOs.
Any Other Relevant Information How To Start A Forex Hedge Fund
Forex LPA – these are the official governing legal documents of the fund. Typical provisions will include:
Preamble
Discussion of Rights and Duties of Investors (contributions, redemptions, etc.)
Discussion of Rights and Duties of Manager (compensation, duties to fund/investors, conflicts of interest)
Winding Down Provisions
Etc.
Forex Subscription Documents – the subscription documents are important because they help the manager to make sure the offering complies with all appropriate laws with regard to an investor’s suitability. Common subscription document elements are:
Investor Information Request (name, contact information, investment experience, etc.)
Discussion of Investor’s Suitability (primarily net worth confirmations)
Subscription agreement – agreement investor signs before he can become an investor in the fund
Limited Partnership Agreement – agreement in which the investor agrees to abide by the legal provisions contained in the LPA How To Start A Forex Hedge Fund
Sir Richard Branson’s Virgin consortium is putting a bid together for Northern Rock. This was inevitable given the drop in the share price. What is puzzling is why a profitable, well-run bank had such a precipitous fall in its share price. Sub-prime debt was not a serious issue, and all banks lend long and borrow short to some degree. When something dramatic happens in finance, there is usually a hidden story. Behind the smoke screen provided inadvertently by pundits and other outsiders, someone has made a killing. The pension funds and other holders of NR stock lent stock to the hedge funds knowing they would drive down the share price by short-selling. Short-selling involves borrowing stock, paying a commission for the priviledge and selling it in the market hoping it will depress the price. The stock is then bought at the lower price. The stock is returned to the original lender, and the borrower pockets the difference. The hedge funds have made billions shorting Northern Rock stock in the last 12 months. No doubt the pension funds charged hefty commissions but why would they deliberately cause the value of their holdings to be devalued? As Warren Buffet says “if you don’t know who the sucker is in the room…. it’s probably YOU!”
ForEx, hedge funds. Registering with the Commodity Futures Trading Commission
Generally, the Commodity Futures Trading Commission has jurisdiction over transactions in ForEx futures and options contracts offered to retail customers, and the only counterparties that can lawfully enter into these contracts with retail customers on an off-exchange basis are persons that are: (i) registered with the Commission as a futures commission merchant (FCM); (ii) certain affiliates of a registered FCM;, or (iii) otherwise regulated, e.g., as a securities broker-dealer, a bank, a financial institution or an insurance company.
On May 22, 2008, the Congress passed the Farm Bill which, in Title XIII, contains several amendments to the Commodity Exchange Act involving the retail trading of foreign exchange.
Under the CFTC Reauthorization Act, a person operating pool solely trading spot ForEx is not required to register as a CPO at this time (but may be so required in the future upon promulgation of regulations by the CFTC).
As a Fund of Funds you must be aware of each particular states Investment Advisor rules. Many states have exemptions from registration. Also if you intend to invest in futures or commodity funds, you should register with the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC) as a Commodity Pool Operator (CPO). This CPO’s associated person must successfully complete the NASD Series 3 examination.
Must a finder be registered as a broker-dealer?
Generally, No. Generally a finder does not have to be registered as a broker-dealer if its finder’s activities are limited. A “broker” under the Securities Exchange Act of 1934 is “any person engaged in the business of effecting transactions in securities for the account of others.” The SEC staff has found activities such as (a) participating in presentations or negotiations, (b) making any recommendations concerning securities, (c) receiving transaction-based compensation, (d) structuring a transaction or making recommendations regarding the nature of the securities, whether to issue securities or to assess the value of securities sold, and (e) continuing involvement in sales of securities to trigger broker-dealer registration obligations. However, a number of states, Texas and California for example, take the position that only a registered representative (broker) may receive kind of compensation.
Are there any other types of finders available to issuers in a private placement?
Yes. Rule 3a4-1 provides a non-exclusive safe harbor from the definition of a broker for persons associated with an issuer who are engaged in securities-related activities incident to their duties on behalf of the issuer. See Securities Exchange Act Rel. No. 22172 (June 27, 1985). Employees and possibly individual affiliates of an issuer who are not registered representatives of broker-dealers may be considered “associated persons” for purposes of Rule 3a4-1, in which case they may be exempt from registration and will be permitted to engage in limited sales activities pursuant to the Rule’s safe harbor.