Replies to post #7712 on Flexpower Inc. (FLXP)

[stervc]

Stocktrendssetter, about your comments...

The way I read the CEO's Letter, I thought he was referring to Revenues within the market that was transacted as contracted value. When I did reverse math, the numbers made sense for the $155.9 Million in Revenues that were being made by ICE.

Since I have not spoken to the company to get what is meant, I stated to consider my math faulty and move the decimals to the right one or two places. I think the same logic could apply for seeing the potential in CHNW.

Now that you mention it, I do see how you are interpreting the figure. Thanks for sharing your thoughts.

v/r
Sterling

[R-money]

I agree with you, those are the numbers of dollars that flow in the day. CHNW unlike other forex brokers will charge a small fee, but I think that this is to get the real time transaction, and can replace current pay systems traders use.

As far as pips for, It is my understanding that the broker profits the spread of the currency pair as it is bought at the ask, and must be sold at the bid, unlike equites when you can have a trade between the spread. This is pivitol because there is no MM to control things, the pip spread is kept constant for instance the EUR/USD has a typical 3 pip spread, so depending the the leverage, say 100:1 the bank/broker would make $3 per transaction of this currency. The banks are the intermediaries and the transactions finance themsevles, but I could be mistaken, you may want to research this as well.