Prolific Currency Futures & Options Proprietary Account
Currency futures were first created in 1970 at the International Commercial Exchange in New York. A currency future, also FX future or foreign exchange future, is a futures contract to exchange one currency for another at a specified date in the future at a price (exchange rate) that is fixed on the purchase date.
A currency futures contract is a standardized form of a forward contract that is traded on an exchange. It's an agreement to buy or sell a specified quantity of an underlying currency on a specified date at a specified price.
Prolific Currency Futures & Options Proprietary Account will focus on the seven majors namely: EUR,GBP,JPY,CAD,AUD,CHF and NZD.
The amount of an account's net assets committed to margin in this Proprietary Account will vary as a result of market volatility, among other reasons.
On average, three percent (3%) to forty percent (40%) of net assets of an account will be committed to margin.
Our risk per trade will be between 2% - 5% of free Equity. The period used to execute trades varies from 30 minutes to the daily chart.
The length of the trades will depend on the stop loss settings and the target profit. On average the length of trades should be between five days and one month.
Prolific Investments Limited is an innovative, diversified and unique Financial Engineering and Proprietary Trading Firm that actively participates in the Global Financial Markets. Financial Engineering is a multidisciplinary field drawing from finance and economics, mathematics, statistics, engineering and computational methods.Prolific Investments Limited does not accept external funds and we no longer provide managed accounts services.