eWeb-Forex provides hedge funds and money managers with a comprehensive solution that includes full back office functionality matching investors with hedge funds and first class trade execution.
Back Office Assistance
Money Manager Features - The eWeb-Forex trading system enables money managers, such as CTAs and hedge funds, to manage the funds of multiple clients as a pool, while maintaining each account as a separate entity. Profits and losses from all trades are proportionally divided among accounts in the pool by account size. The money manager can focus on trading, while eWeb-Forex's trading system serves as his back office. The real-time Java based trading platform offrs live tracking of P/L, account equity, usable margin reporting features and a built-in margin watcher system that will prevent from falling below the minimum margin requirement each account and ever losing more money than exists in the account.
Introducing Investors
eWeb-Forex uses its significant international reach to match investors wishing to invest in the currency market with client hedge funds. To qualify, hedge funds must have a solid trading history with eWeb-Forex (measured by both trading performance and risk used to achieve that said record), or an industry recognized name with an audited track record. Although eWeb-Forex will always give investors a choice of funds, and does leave the decision completely up to the investor, it has been able to successfully match many investors for participating hedge funds.
Competitive Execution Costs
Commission free, 3-5 pip spreads, dealing 24 hours a day online or by phone. eWeb-Forex actively trades the four major currencies against the Dollar, and three of the most active European crosses (EUR/YEN, EUR/GBP, and GBP/YEN). Through its offset relationships with several major banks, eWeb-Forex is also able to quote any free floating currency over the phone.
