Thursday, March 19, 2009

SigmaForex Trading Alert - A very helpful friend


SigmaForex trading alert is one of several important tools you can use when it comes to trading forex. If you are a beginner trading forex or have several months of experience in the market, SigmaForex trading alert is the tool to use as an entryway into much of the knowledge about foreign exchange and the markets when they are active.

SigmaForex trading alerts should be used when you are away from your desk and need to be updated with any conditions you have set to be alerted for in relation to the forex markets.

SigmaForex trading alerts, software, and online services that use these types of alerts are meant to alert you, the trader, when a variety of events happen in the market. You control what service alerts you and when.

As a forex trader, you should use your own good judgment to decide when to enter and when to exit the market. The purpose of all of the possible forex trading alerts you have set is to keep you updated with the continual flow of information going in and out of the forex markets in order to make successful decisions.

In FOREX Market the news divided in two categories; technical news & fundamental news, after collecting the data about this news you have to distinguish between the previous news, forecasted (predicted) news & Actual news.

Then you will see a war between the bull (raise in prices) & bear (declination in prices) that cause fluctuations in prices according to the demand & supply between traders & brokers.

Thursday, March 12, 2009

Michigan Senate approves more battery tax breaks aimed at auto industry

LANSING -- The Michigan Senate has voted to authorize another $200 million in tax breaks to encourage the development of batteries at the heart of next-generation electric vehicles.
Gov. Jennifer Granholm signed a law in January offering $335 million in refundable tax credits for developing, manufacturing and assembling advanced batteries in Michigan.

A bill approved Tuesday would let the Michigan Economic Growth Authority sign two more tax credit deals for the construction of integrative cell manufacturing facilities. And the deadline to reach agreements would be extended from August of this year to October.
The credits couldn't be claimed before 2012.
The tax breaks could reach Granholm's desk soon because the state House is working to pass similar legislation.


[SigmaForex Customer Support Area]

Customer satisfaction is number 1

It's a well known fact that no business can exist without satisfied customers, Sigma support you with all your needs that have been chosen according to your demands.
Our slogan is to achieve the maximum level of satisfaction for our customers for that we built customer support which is availble 24/7 to be reached for all clients at any time.

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Future residents reserve options to buy into Harbor Shores golf development

Although there isn't a groundbreaking scheduled yet for any of the planned condos, townhouses or single-family homes, Harbor Shores Community Redevelopment's owners already have put money in escrow for more than 120 potential residents of the Benton Harbor luxury development.

The $1,000 refundable deposits reserve places in line for potential buyers, said Wendy Dant Chesser, president and CEO of Cornerstone Alliance, one of the organizations that owns Harbor Shores Community Redevelopment Inc. When completed, the 530-acre mixed-use development will include 800 condos, townhouses and single-family homes.
"We are negotiating with two sets of developers for the high-density development and the cottages," Chesser said. "One of the developers is local, the other is Chicago-based."
Most property will be sold to developers, but a section of 30 single-family lots along the Paw Paw River will be sold directly to end users by Harbor Shores, she said. That arrangement shifts part of the financial risk to the developers, Chesser said.

In February, Harbor Shores Managing Director Mark Hesemann announced eight of 30 competing builders had won approval to buy no more than two lots each in the single-family home section. Those selected are Christe Construction of St. Joseph; Construction Service Associates of Benton Harbor; Cornerstone Builders of Berrien Springs; Drake Group of New Buffalo; Garden Homes of Granger, Ind.; Inovateus of South Bend, Ind.; Schmidke Construction of St. Joseph; and Shoreline Development of New Buffalo.
To date, about 70 percent of the reservations have been made by regional residents, but 30 percent have been made by Chicagoans, Chesser said. That's significant because the development hasn't advertised yet in that market, she noted.
The development is built around a Jack Nicklaus Signature Golf Course, which has been under construction for almost two years. Nine holes will be ready in mid-July for public play, Chesser said.

Financing for the project was in place prior to last fall's financial collapse. National City Bank [NYSE: PNC] loaned money for land acquisition and predevelopment work, and Chase [NYSE: JPM] led a consortium of banks to add financing for the golf course construction and improvements to Jean Klock Park, Harbor Shores Development reported last month.
Although much of the course is on land that was industrial brownfield, three holes are designed to be built on dunes overlooking Lake Michigan in Benton Harbor's Jean Klock Park. The design caused the National Park Service and the U.S. Army Corps of Engineers to deny permission to build, on the grounds public acreage would be taken for a private purpose. The 90-acre park was given to the city almost 100 years ago with the provision that it remain open to the public and used for public park and recreation purposes forever.

Harbor Shores offered more than 38 acres of new park land to compensate for the 22 acres of wetlands and back dunes it wanted, and the federal objections were dropped. However, in keeping with restrictions the Corps of Engineers placed on the project, all land clearing must be completed by April 1, to avoid conflict with the mating season of the Indiana bat, Chesser said.
Work on the final holes, including the three in Jean Klock Park, began last week and construction began this week on public access roads on the Lake Michigan side of the dunes, Chesser said.


[SigmaForex Withdrawal Methods]

To withdraw funds from your account Please make sure that you have sufficient funds in place to cover the the necessary margin required for your open positions, after your requested withdrawal.

No requests for transfers to persons other than the account holder will be processed.
SigmaForex may require further identification or documentation in order to complete your request.
Please Note that transfer fees and bank charges may apply, and depend on the form of transfer.
Please note that we try to process the withdrawal request quickly. However, it may take up to 5 business days, depending on the method of transfer.

Your withdrawal from sigma account will be in an efficiently, secure and fast, you can withdraw money from your SigmaForex account at any time.

Withdrawal steps:

1. Login to your web account
2. Choose your withdrawal method
3. Fill the withdrawal form and write down the withdrawn amount

Michigan businesses to avoid more unemployment taxes

LANSING -- Gov. Jennifer Granholm will sign legislation to keep about 34,000 businesses from having to pay higher unemployment taxes in 2009 and 2010.
The bill won unanimous approval today in the state Senate.
Michigan informed the employers last year that they would pay an extra $67.50 per employee this year.

That's for interest on money the state had to borrow from the federal government to pay benefits because of a shortfall in its jobless benefit fund.
The federal stimulus grants Michigan a two-year waiver from having to pay interest owed on the money it has borrowed.

The "solvency tax" affects businesses whose laid-off employees have collected more in benefits than the employers paid into the fund -- typically construction and manufacturing companies.


[SigmaForex Funding Methods]


Safety of funds plays an important role in any type of business; we make our best efforts to ensure protection of customers’ money.

Minimum deposit required for funding new accounts:
Our accounting department is ready to help you fund your new account or add funds to an existing account. For Standard Dealing Desk Accounts the minimum deposit is $ 500, and for the No Dealing Desk Accounts the minimum deposit is $ 2000.
Deposit instructions:
You must open a web account and associate it with your live account to insure security of transactions in your account

How to do so?
1. Open web account
2. Login and associate your Live Trading Account with your Web Account
3. Login to your Web Account and click 'Make a Deposit"

Deposit methods
1- Bank wire transfer
A wire transfer is a transfer of money from one bank account to another. The actual transfer is done by the bank, and neither the sender nor the recipient of the money sees or touches the actual funds.
Deposit Time
1-5 business days SigmaForex does not guarantee deposit times in the event of a margin call

Fees
None
SigmaForex will not be held responsible for charges or fees assessed by going through an intermediary bank.
Withdrawal Eligibility
Immediate availability

Restrictions
The account holder name of the funds must always match the name listed as the customer on the trading account.
2- E-gold payments
Open www.e-gold.com- Create new e-gold account - Issue transfer request from your e-gold account to SigmaForex e-gold account.
Deposit Time
Immediate deposit SigmaForex does not guarantee deposit times in the event of a margin call
Fees
None
SigmaForex will not be held responsible for charges or fees assessed by going through an intermediary bank.

Withdrawal Eligibility
Immediate availability
Restrictions
The account holder name of the funds must always match the name listed as the customer on the trading account.

You do not have an account yet?
Open Live Account

Insurance companies denied rate increases in Michigan

LANSING --Â Seven auto insurance companies aren't getting rate increases in Michigan because they based their rates in part on drivers' credit scores, the state insurance commissioner said Tuesday.
The companies are being denied rate increases because premiums developed using credit scoring "are unfairly discriminatory," Office of Financial and Insurance Regulation Commissioner Ken Ross said.
Ross added that state rules ban the use of credit scoring to set rates, in part because credit information often has been found to be wrong.
Insurance companies have sued to keep their right to use credit scoring to set rates. They say the ratings are accurate and help many drivers get discounts on their insurance premiums. If they're taken out of the rate formulations, many good drivers would pay higher rates, they warn.
The case has dragged through the courts for years and now is before the Michigan Supreme Court.

Although the suit remains unresolved, Ross said Tuesday he can deny the rate increases. While his office is prohibited from enforcing the rule against using credit scoring, it's not banned from ruling against rate filings that use such a method, he said.
But Jeffrey L. Junkas, spokesman for the Midwest Region of the American Insurance Association, said the commissioner is wrong to deny insurers the right to consider credit scores when setting rates.
"Insurers have countless studies by state and federal agencies that validate the risk assessment power of credit-based insurance scores," he said in an e-mail to reporters.
In addition, he said Ross' comments that credit scores often contain faulty data ring hollow.

"Millions of transactions are successfully completed every day based on credit reports, and consumers have protections in state and federal law that allow them to get reports corrected and not be penalized financially," he said.
Ross said rates should be based on factors such as a consumer's driving behavior, number of miles driven and number of tickets rather than credit scores, which relate to debt and bill payment history he said is unrelated to the risk of having an accident.
"Insurance credit scoring does not in any way correlate to the safety of a driver," he said.
The seven companies denied increases are big players in the insurance market responsible for about 12 percent of the auto insurance policies issued in Michigan, Ross said.
Gov. Jennifer Granholm in last month's State of the State address asked auto insurers to freeze rates for 12 months so lawmakers have time to consider changes suggested by the state's insurance advocate he says will reduce rates. Granholm said the freeze would help Michigan residents hurt by the bad economy.
But only 13 small insurance companies accounting for 1 percent to 2 percent of the auto insurance market agreed to the freeze by the March 2 deadline.
That left nearly 100 auto insurers that haven't pledged to freeze rates, including many major insurers. Those companies now are getting close scrutiny from OFIR if they ask for rate increases.


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Monday, March 9, 2009

Fitch Rates Wisconsin's $1B General Fund Annual Appropriation Bonds 'A+' & $495MM BANs 'F1'

NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns the following ratings to the State of Wisconsin's (the state) 2009 series bonds:
--Approximately $1,028,340,000, general fund annual appropriation bonds of 2009 series A 'A+';
--Approximately $200 million general fund annual appropriation bond anticipation notes (BANs) of 2009, series 1 (six month note) 'F1';
--$295 million general fund annual appropriation BANs of 2009, series 2 (nine month note) 'F1'.

The bonds and BANs, which are expected to be sold through negotiation the week of March 23, 2009, are being issued to purchase tobacco settlement revenues that the state previously sold to the Badger Tobacco Asset Securitization Corporation. The transaction is expected to provide immediate and ongoing budget relief; the budget for the current biennium includes $309 million in savings from the transaction.

Fitch also affirms the following ratings:

--Approximately $1.9 billion in outstanding general fund annual appropriation bonds at 'A+';
--Approximately $6 billion of the state's general obligation (GO) bonds at 'AA-'.
The Rating Outlook is Stable.

The relative size of the bond and BAN offerings will depend on market conditions at the time of sale, with the goal of maximizing the size of the bond offering. It is the state's intent and Fitch's expectation that the BANs will be taken out with fixed-rate bonds as quickly as possible; the BANs will be callable after 90 days to facilitate this. The state needs no additional authority to fund or rollover the BANs.
The 'A+' rating on the appropriation bonds is based on the security provided from annual appropriations from the state's general fund. Under the indenture, the department of administration, which includes the state budget office, covenants to take all appropriate action within its power to assure that sufficient appropriations are provided each fiscal year by the legislature to fund debt service on the bonds. In addition, the state legislature has recognized a moral obligation to appropriate funds for debt service and expressed its expectation and intent to do so. Payments are due to the trustee on July 1 of each year for the full fiscal year's expected debt service, and appropriations are sized such that in the event of a late budget the continuing appropriation from the prior fiscal year will cover debt service.

Wisconsin's 'AA-' GO rating recognizes the state's considerable resources, diverse economy, and moderate but above average debt burden. Although progress in restoring fiscal balance had been made, a weak economy and revenue underperformance in the past year have required remedial actions.

Most recently, the state lowered revenue estimates in November 2008 and again in January 2009, projecting revenue decline in both fiscal 2009 and fiscal 2010. The resulting estimated fiscal 2009 shortfall of $594 million was brought down to $417 million in February 2009 through various revenue and spending actions as well as the elimination of the statutory balance requirement of $65 million. The governor's executive budget proposal to close the $5.8 billion total budget gap for the remainder of fiscal 2009 and the upcoming biennium includes $2.1 billion in funds from the federal stimulus package and $1.4 billion in revenue measures, including a cigarette tax increase, an income tax increase for high earners, and corporate tax changes. The proposal would result in a $216 million ending balance for fiscal 2009, rising to $269 million in fiscal 2011. These budgetary balances provide some cushion against the risk of revenue underperformance. The state carries a GAAP deficit due to the timing and treatment of local aid payments.

Fiscal 2008 results were better than forecast, with general purpose tax revenue up 3.4% over fiscal 2007 and 1.3% above estimates, although about half of this overperformance was due to improvements in tax processing procedures. Fiscal 2008 ended with a $131 million general fund balance. The January 2009 estimate projected that general fund tax revenues would fall 4.2% in fiscal 2009 and another 2.3% in fiscal 2010 before rising 4.5% in fiscal 2011.
Mirroring the nation, the state's economy has slowed and the state has lost jobs every month since March 2008, with the pace of loss accelerating. December 2008 employment was down 2.2%, in line with the nation's 2.1% decline, with losses in all sectors except for education and health services and government. In contrast, the state's unemployment rate of 5.9% in December 2008 was just 82% of the U.S. rate. The state forecasts non-farm employment down 0.6% in 2008 and another 2.2% in 2009 before rising 0.8% in 2010; unemployment is projected to peak at 7.9% in 2010. Since 2002, personal income growth rates have lagged the nation. Quarterly personal income gains in 2008 have been below the U.S. but generally in line with the region. Wisconsin's personal income per capita ranks 24th among the states at 94% of the U.S.

Net tax-supported debt totals $9.4 billion, or 4.7% of personal income, a moderate but above-average and rising debt burden. Excluding the general fund annual appropriation bonds issued for pension funding, Wisconsin's debt burden drops to 3.9% of personal income. The current offering will increase debt ratios to 5.4% and 4.6%, respectively. Pensions are well funded.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.


[SigmaForex White Label]

Forex White Label Program

As your partner, our goal is to support you through the planning and launch phases and beyond to ensure a mutually successful and long-term business relationship
Establish your brand in the Forex Brokerage industry.

Our Forex White Label program is for individuals and institutions that want to establish a brand name and a presence in the Forex industry. As a white label partner, you will be provided with a platform branded with your name and logo as well as content for your introducing broker website. Also Sigma white label partner program enables banks and brokers to satisfy their customers' demand for online trading tools. Our trading solutions enable you to harness and develop already existing customer trading relationships and extract greater returns from them whilst streamlining internal trading operations and rendering them as efficient as possible.

You will also enjoy our 24-hour market, full service of back office support, and other administrative and support functions.

Ideal candidates for the Forex white label program include:

• Financial services firms
that want to establish a new Forex brokerage division. For example, banks, insurance companies, etc.
• Trading firms and/or online brokers that want to offer a greater range of products to their customers. you will be providing your clients with a great value-added service while increasing the profitability of your firm.
• Companies offering Forex tools and advisory services - This can be websites or newsletters that provide an analysis of the Forex or futures market, advisory businesses, etc. that want to expand their web presence by offering online Forex trading capabilities to their existing client base.
• Forex White Label Introducing Brokers will enjoy the most advanced Forex trading software in the market. The web-based white label trading platform provides real time, streaming currency prices and instantaneous one click execution, real time management of currency positions, in addition to complete back office support and reporting features. Along with other tools to help traders make trading decisions. The software is also compatible with most operating systems. This means that your customers can trade currencies from any computer, anywhere in the world, 24 hours a day.

If you want to discuss your potential Forex White Label Introducing Brokerage business with us via mail

European stocks close mostly higher before US drop

European markets close mostly higher before US selling pressure resumes despite Merck deal

LONDON (AP) -- European stock markets closed mostly higher Monday, but Wall Street turned lower as investors fretted about the length and depth of the U.S. recession, despite the news that drug maker Merck & Co. was buying Schering-Plough Corp. for around $41 billion.

In Europe, the FTSE 100 index of leading British shares closed up 11.67 points, or 0.3 percent, at 3,542.40, while Germany's DAX ended 25.62 points, or 0.7 percent, higher at 3,692.03. France's CAC-40 was 15.16 points, or 0.6 percent, lower at 2,519.29.
By late-afternoon London time, the Dow Jones industrial average was down 65.15 points, or 1 percent, at 6,561.79, with Merck down 10 percent following the announcement of the Schering-Plough deal. Merck will be paying a premium of 34 percent to buy Schering-Plough, based on Friday's closing share prices.

Meanwhile, the broader Standard & Poor's 500 index fell 4.5 points, or 0.7 percent, to 678.88.
Earlier Europe's main indexes had traded sharply lower after Japan's benchmark tumbled to a 26-year closing low amid ongoing concerns about the length and depth of the global economic downturn and renewed fears about the capital position of the world's leading banks.
Those concerns were stoked over the weekend by the World Bank's forecast that the global economy will shrink this year for the first time since World War II, and the British government's confirmation that it was taking a majority stake in Lloyds Banking Group PLC in exchange for insuring potentially more than 260 billion pounds ($367 billion dollars) of shaky assets.
The bank saw its shares tumble more than 10 percent at one stage before the afternoon recovery saw it end nearly 5 percent higher. Barclays PLC was the worst-performing British banking stock, closing 5 percent down on fears that it may have to give up a stake to the government in return for participating in the insurance plan.
"Investors continue to shy away from banking stocks as the specter of creeping nationalization makes them wary of just how much shareholder value they would see in the medium term from the sector," said David Jones, chief market strategist at IG Index.

With the capital position of much of the financial sector around the world still a key source of concern, and no sign of a turnaround in the global economic news, the backdrop for shares remains gloomy.
"With economies around the world still producing grim data on an almost daily basis and stock markets having to continually revise expectations downwards, this particular bear market appears to be still in full flow," said IG Index's Jones.
Investors also will be mindful of remarks from American billionaire Warren Buffett, who said during an appearance on CNBC that the world's largest economy had "fallen off a cliff" over the past six months.

Earlier in Asia, Japanese shares, already among Asia's worst performing this year, fell sharply on the news that the world's second-largest economy posted a record current-account deficit in January, its first in 13 years.
Japan's Nikkei 225 stock average fell 87.07 points, or 1.2 percent, to 7,086.03, and Hong Kong's Hang Seng tumbled 576.94, or 4.8 percent, to 11,344.58 on the coattails of heavyweight lender HSBC, Europe's largest bank and a big component of the Hang Seng.
Elsewhere in Asia, Shanghai's benchmark plummeted 3.4 percent, while stock measures in India, Singapore and Taiwan also fell. However, those in South Korea and Australia gained 1.6 percent and 0.3 percent respectively.
In the oil market, benchmark crude for April delivery rose $1.84 to $47.36 a barrel as investors anticipated another OPEC production cut. The move back towards $50 a barrel helped oil stocks around the world rally strongly on Monday, with Britain's BP PLC up nearly 6 percent and ExxonMobil Corp. in the U.S. 2 percent higher.

The dollar rose 0.5 percent to 98.85 yen, while the euro rose 0.1 percent to $1.2654.


[SigmaForex Money Manager]

Elevate the quality of your trading, Money managers trading pooled or individual client funds benefit from Sigma’s trading and administrative tools and services.

With preferential rating access to Sigma’s research staff, sophisticated trading platform and reporting tools, Sigma’s money manager solution is one of the most competitive in the marketplace.
Sigma provides a dedicated team of account management specialists to provide ongoing back-office support, and help reduce your administrative responsibilities.
Highly developed trading platform

Our trading platform feature quality execution capabilities as well as advanced and easy-to-use order entry and position management tools, all in a secure friendly environment. A full suite of decision support tools, from charting to research, news and more, are also available to clients all for free.
Characteristic tools
Our proprietary tool offers money managers a comprehensive and efficient way to manage pooled customer funds and track portfolio performance. Accessible online, the system automatically journals percentages of your transactions from your Master account into your client's sub accounts at the close of each trade.

We also support the needs of money managers who wish to execute trades and place orders on a per account basis. Reporting capabilities are available directly within the application, as well as real-time margin and P&L.
Back-office support
Our Partner Services team is dedicated to providing full account management support to our money managers and your clients. Our customer support is 24 hours, customers may fund around the clock. Sigma’s Partner Services team is dedicated to providing Outstanding Compensation and full account management support.

For more details contcat MM@SigmaForex.com

Major business events scheduled for Tuesday

Calendar of major business events scheduled for Tuesday

Major business events and economic events scheduled for Tuesday:
WASHINGTON -- Commerce Department releases wholesale trade inventories for January, 10 a.m.

WASHINGTON -- Federal Reserve Chairman Ben Bernanke speaks at the Council of Foreign Relations on overhauling the U.S. bank regulatory system.
RED BANK, N.J. -- Hovnanian Enterprises Inc. releases first-quarter financial results.
CINCINNATI -- Kroger Co. releases fourth-quarter financial results.
LOUISVILLE, Ky. -- Brown-Forman Corp. releases third-quarter results.

RIO DE JANEIRO -- Brazilian government releases fourth-quarter, full-year 2008 gross domestic product results.
MUNICH -- EADS holds annual press conference including 2008 earning

[SigmaForex Introducing Broker]

Expand your business and revenue potential while offering your referred clients the highest available level of service and support.
Sigma’s Introducing Broker Program allows individuals to receive remuneration for directing new clients to Sigma.

Refer new self-directed or managed account clients to Sigma and make easier the account opening and funding process. In return, Sigma provides all of the essential tools and resources you need to launch and manage a successful IB operation.
We are committed to delivering the highest levels of service and a quality product offering to help you grow your business.
Sigma provides an array of services and as an Introducing Broker, you and your clients will benefit from:

Sophisticated trading platform

Our trading platform feature quality execution capabilities as well as advanced and easy-to-use order entry and position management tools, all in a secure environment. A full suite of decision support tools, from charting to research, news and more, are also available to clients free of charge.
Furthermore, our software, service, and execution is second to none.
Account for all levels of experience

Your clients will be able to organize their trading account according to their needs and their experience level and risk appetite. Sigma is best suited and ideal for experienced traders and individual investors.
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Sigma supplies complete back office services.
Sigma’s Partner Services team is dedicated to providing Outstanding Compensation and full account management support to our IB clients. As part of our service, Sigma provides all IB partners online access to our proprietary reporting tool, allowing you to closely monitor referred account volume and revenue. Our customer support is 24 hours, customers may fund around the clock.

For more details contcat IB@SigmaForex.com

Constellation Energy's ACE Cogeneration Plant Recognized for Safety

TRONA, Calif.--Constellation Energy (NYSE: CEG - News) today announced that its ACE Cogeneration plant in Trona, Calif., has been recognized for its outstanding safety program by achieving STAR status under California’s Division of Occupational Safety and Health (Cal/OSHA) Voluntary Protection Program (VPP). STAR is the highest safety designation given by OSHA and the federal government.

The facility celebrated its achievement in February with a ceremony, which included the presentation of the VPP STAR flag by a representative of Cal/OSHA.
Located in California’s Mojave Desert, ACE Cogeneration is a coal-fired power plant, which can produce 104 megawatts of electricity. Since the plant began commercial operation in 1991, safety has played a major role in the operation of the electric generating facility. ACE Cogeneration’s employee-driven safety culture includes an active safety committee, which develops and oversees general and plant-specific safety procedures and initiatives. The plant is operated by 34 full-time employees who drive the safety programs and culture that have contributed to an impressive safety record. That record includes ACE Cogeneration employees having recently worked nearly five years, without an injury leading to lost time from work.

OSHA’s Voluntary Protection Program is designed as a cooperative effort among industry, workers and government to ensure safer workplaces. By approving safely operating facilities such as ACE Cogeneration into the VPP, OSHA officially recognizes the outstanding efforts of employers and employees who have achieved exemplary occupational safety and health. Of the seven million private industries in the country, only 1,100 are approved for the Voluntary Protection Program. Approved facilities are designated under one of three categories, with the STAR designation being the highest. ACE Cogeneration is only the 72nd facility in the state of California recognized as a STAR facility.
“STAR status is extremely challenging to achieve,” said Iraj Pourmehraban, VPP manager for the state of California. “It’s especially challenging for a facility like ACE, considering the naturally dangerous work environment at a coal-fired power plant. Also, because it’s a relatively small site with few employees and limited resources, it takes a consistent team effort to operate at that level of safety. ACE Cogeneration is a solid example of what the Voluntary Protection Program is all about – employee-driven safety at the highest levels.”

Applications for OSHA recognition are accepted from various work sites and assessed based on established VPP standards for a managed safety and health system. Applicants are verified through a review process that includes a thorough on-site evaluation performed by OSHA safety and health experts.
“More than anything, the VPP STAR recognition is a testament to the employees at ACE – to their teamwork and commitment to safety and to each other,” said Steve Gross, managing director of asset operations, West Region, for Constellation Power Generation, a subsidiary of Constellation Energy. “They’re the ones looking out for each other every single day. They're the real stars in this.”


[Sigma Contract Specification]

Sigma Forex provide the clients with the lowest spreads in Forex Market for the most traded pairs and Forex spots.

Trading Hours
Sigma Dealing Room operate 24/5 from Sunday 23:00 CET until Friday 23.00 CET.
You Can contact us directly: + 41 435 004 145

Margin Requirements
The margin requirements must be respected by Friday at 23:00 GMT and before holidays.
One of our dealers will contact you if you are below your margin requirements at that time. Your margin requirements will depend on the client's account equity. However, if you approach the level where the loss of your open positions approaches the balance of your account, you will be stopped out and your positions will be closed. Stop positions will be executed when there is only around 50% equity of the required margin left in your account.

Streamline Dealing
Clients will not suffer Price Re-Quote that you can buy and sell directly on real-time prices without a request for quote (RFQ).
Clients taking advantage of wrong price quotes in the Market Watch will be requoted.
Sigma Forex effort is taken to ensure correct pricing at all times. However, there are rare circumstances when wrong prices are given.

Stop Order Execution
Volatile market conditions can result in prices gapping, which may prevent the execution of stop orders (sell stop, buy stop, stop loss) at the price you initially requested. However, our dealers strive to execute all stop orders at the price, or failing that, at the best attainable rate the market allows.

Lot Types
Sigma Forex has generated an ultimate account type that allow you to trade Standard, Mini and Micro lot in the same account which is Sigma Account to make it more simple and easy for traders.

Multi Currency Denomination

Sigma offers the ability to set-up accounts denominated in the following currencies:

• United States dollar (USD)
• Euro (EUR)
• Great Britain pound (GBP)
• Australian dollar (AUD)
• Swiss Frank (CHF)

There is no minimum deposit for opening an account, in order to review the spreads, pip value & margin requirement choose the required pair, leverage & the lot type.

If you have any problem regarding Sigma Contract Specification click on the Live Chat button on the right hand side and our customer support staff will help you through the process.