FXIT Moving Into Broader Asia after Singapore: http://bit.ly/pwNolf
Standard & Poor's Factual Report: http://bit.ly/k098DX
Founded 2009 Relocated corporate office to Manhattan, New York City.
Forex International Trading Corporation FXIT develops the next generation of Forex trading platforms. The company is committed to pioneering the next generation of solutions to Forex operators using our extensive industry experience, top notch technology solutions and innovative solutions to the needs of online Forex traders. Lead by veteran finance specialists, Forex International Trading can leverage its understanding of the Forex sector into developing unique solutions for online operators. For US residents the company operates an online currency trading platform and online futures trading platform under its Beam Financial Group of companies. http://www.beamfx.com/information/metatrader.php
BeamFX: Metatrader 4 Platform
Phone: (888) 429-9492 Fax: (212) 372-7493 Email [email protected]
Michael Weissman Beam Financial Group
New York, One Grand Central Place, 60 E 42nd Street, Suite 5310, New York, NY 10165
Darren Dunckel, William Glass, Stewart Reich
Liat Franco (Graduated with a BA (Magna Cum Laude) from the University of California at Los Angeles (UCLA) and holds a JD from the UCLA School of Law inCalifornia where she specialized in corporate law, which she received in 2003. She specializes in contract law & evidence law.)
More about Darren Dunckel:
Darren Dunckel graduated from the University of Southern California (USC). He has over 20 years experience in Financial Services, including Corporate Consulting, Mergers & Aquisisitions, Sales & Marketing.
Darren Dunckel has been CEO of Forex International Trading since February 2010.
He is also the CEO of My Daily and has been since January 2004.
Mr. Dunckel has been President of Emvelco RE Corp., a Nevada Corporation since 2006. He overseed Management of Real Estate Acquisitions, Development and Sales in the United States and Croatia, where ERC holds properties. He has been President of Verge Living Corporation, a wholly owned subsidiary of ERC since 2005. Mr. Dunckel served as Managing Director of The International Holdings Group Ltd. ('TIHG''). Since 2004, he has been President of MyDaily Corporation, managing the Operations of this Financial Services Company. He served as Company Secretary of Forex International Trading Corp. until January 19, 2011. From 2002 to 2004, Mr. Dunckel served as Vice President and
Regional Director of Newport Group, managing the territory for Financial and Consulting Services. From 2000 to 2002, he served as Vice President and Regional Director for New York Life Investment Management consulting
with Financial Advisors and Corporations with respect to Investments and Financial Services. Mr. Dunckel served as a Director of Emvelco Corporation fromSeptember 17, 2007 to April 1, 2009. He served as a Director of Yasheng Eco-Trade Corporation from September 2007 to April 2009.
May 1998, Darren Dunckel is married to Erin Murphy (an actress who is best known for her role as young Tabitha Stephens on the television sitcom Bewitched, which ran from 1964 to 1972.) http://www.contactmusic.com/pics/le/the_world_according_to_paris_2_180511/erin-murphy_3348518.jpg
FXIT: 49 Front Street, Suite 206, Rockville Centre, New York, NY 11570 United States
Beam: One Grand Central Place 60 E 42nd Street Suite 5310, New York, NY 10165 United States.
888-333-8075 (Forex Int'l Trading Corp.)
2/25/2011: ForexNew York City LLC "ForexNYC" and Wheatley Asset Management LLC (50%)
2/9/2011: Nexus Capital Ltd (50%) LOI
4/12/2011: Triple 8 Limited (45%)
5/17/2011: ParagonEx Limited (51%) LOI
6/17/2010: Depository Trust Company (DTC)
12/29/2010: Commences Trading on OTCBB
4/25/2011: Forex International Trading Corp. Announces Share Repurchase Program
3/7/2011: Interview with CEO Darren Dunckel (Recorded)
5/25/2011: Conference Call (Transcript)
1859 Whitney Mesa Dr Henderson, NV 89014
Tel: 702-818-5898 FAX: 702-974-1444 [email protected]
OTC [QB] Level 2:
Market Value $8,101,233 a/o Jun 23, 2011
Shares Outstanding 64,809,865 a/o Apr 04, 2011
Float 20 million shares
Authorized Shares 400,000,000 a/o Apr 30, 2010
Par Value 0.00001
Shareholders of Record 31 a/o Apr 06, 2011
Short Selling Data:
Short Interest 57,917 (1,586.58%) May 31, 2011
Significant Failures to Deliver No
FXIT perates an advanced online trading platform for The Foreign Currency Market ("Forex or FX") to non U.S. residents. Incorporated in 2009, The Company estimates non U.S. residents represent 75% of online currency trading. Management focuses on providing individual and institutional investors with a platform for buying and selling currencies, precious metals and commodity futures. This platform allows self-directed, brokerassisted, managed accounts and accumulation programs.
Through the platform, customers have access to over 20 currencies and bullion deliveries. The Forex is created by the global exchange of currencies and data suggests that it is the largest market in the world. According to the Bank for International Settlements, the average daily turnover (volume) in the Global FX market in April 2010 was $4 Trillion compared to only $1.4 Trillion in 2001(Wall Street Journal, 9/1/10) Historically, access to the Forex was only available to governments, commercial banks, corporations, and other large financial institutions. FXIT is now taking advantage of growth of online currency trading through its state-of-the-art web-based trading platform to individual investors around the world.
This platform is comprised of four main components:
1) Web Front End
2) Content Management System (CMS)
3) Robust Trading Engine
4) Back Office.
FXIT reported in October 2010 that it had blocked the ability of potential subscribers
in the United States and Canada from engaging in any transactions. This restriction
may be lifted when the required licenses have been obtained.
We are a leading online commodity and currency trading portal for investors and active traders.
We provided managed solutions for currency and commodity investors through our Trade Leaders program (forex) and our Managed Futures (commodities).
We have comprehensive brokerage services for active spot currency (forex) and commodity traders through our trading platforms.
We believe education is essential to the success of all traders: we provide a varied selection of courses for the beginner right through to the trader preparing for the professional exams.
BeamFX, Beam Futures and Currency School New York - we h