City Bank

ABOUT

City Bank offers you the best of both worlds. You get the one-on-one personal service of a community bank and all of the products and services offered by large national banks. Whether you're in the market for free checking or Internet banking, the employees of City Bank want to exceed your expectations.

PRINCIPLES AND VALUES

Our business principles are supported by loyal and committed employees who make lasting customer relationships.

CITY BANK is committed to five core business principles:
Outstanding customer service
Effective and efficient operations
Strong capital and liquidity
Prudent lending policy
Strict expense discipline

CITY BANK also operates according to certain key business values:
The highest personal standards of integrity at all levels
A minimum of bureaucracy
Hands-on management at all levels
Fast decisions and implementation
Commitment to truth and fair dealing
Commitment to quality and competence
The appropriate delegation of authority with accountability
The goal of being a fair and objective employer
A commitment to complying with the spirit and letter of all laws and regulations wherever we conduct our business
The exercise of social responsibility through detailed assessments of lending proposals and investments, the promotion of good environmental practice and sustainable development, and commitment to the welfare and development of each local community

Forex

How does a Forex Expert Advisor work ?
The program works by calculating the different indicators that it was designed to use and take actions when the market conditions meet the correct criteria as described in the source code of the Expert Advisor. Fore Example. A simple expert advisor may say something like this: "If the 9 and 20 day moving averages cross with the 9 day MA above the 20 MA and the RSI is higher than 50 then open a long position (buy)" That is just an example. You can assign countless conditions for entering and exiting the market as well as managing trades for trailing stops and multiple take profit levels. An MT-4 Expert Advisor is usually divided into three parts: A startup or ‘init’ function, a main function and a ‘deinit’ or cleanup function. The Expert Advisor will run through its startup function once upon startup and will run through its ‘deinit’ or clean-up function once at the end. In the mean time, the MT-4 Expert Advisor program runs through a cycle of its main function over and over with every incoming tick while it is attached to a chart and active. Once running, the Expert Advisor will not start another cycle for a new tick if it is still in the middle of processing the previous one. Here is a simple outline of what a simple expert advisor could be programmed to do. (This would be the 'main' part of the EA and takes place every time a tick comes in.) 1- Check my account. Is there enough equity to open a trade? if so, continue. If not, end. 2- Are there any open trades right now? 2a- If there are, do they need to be closed or do they need their trailing stop adjusted? (do so if needed and exit.) 2b- If there are no open trades, are the market conditions right to open one? (do so if needed and exit. ) 3- End.

GCI FINANCIAL

GCI Financial

GCI Financial Ltd ("GCI") is a regulated securities and commodities trading firm, specializing in online Foreign Exchange ("Forex") brokerage. In addition to Forex, GCI is a primary market maker in Contracts for Difference ("CFDs") on shares, indices and futures, and offers one of the fastest growing online CFD trading services. GCI has over 10,000 clients worldwide, including individual traders, institutions, and money managers. GCI provides an advanced, secure, and comprehensive online trading system. Client funds are insured and held in a separate customer account. In addition, GCI Financial Ltd maintains Net Capital in excess of minimum regulatory requirements.
Recommend by Top Industry Participants

GCI is recommended by top industry participants and has had its market analysis featured in leading publications, including the Financial Times. Click here for a partial list of company websites that recommend GCI Financial Ltd.

GCI's analysis also appears regularly on Multex.com and Reuters, and is subscribed to by major institutions including J.P. Morgan, HSBC Asset Management, and Goldman Sachs. Click here for a partial list of articles and publications featuring GCI.
Regulation

GCI Financial Ltd is regulated by the International Financial Services Commission (IFSC) for trading in financial and commodity-based derivatives and other securities, including foreign exchange. The IFSC's strict requirements include capital adequacy, reporting and record keeping, and proper disclosure and conduct with clients.
Leaders in Forex Trading

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Trade over 20 currencies, Gold, and S&P 500 - all with zero commissions and 0.5% margin requirement...

Trade Shares on 2% Margin

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Trade North American, European, and Asia/Pacific shares and indices online, commission free...

mobile trading
© 2006 GCI Financial Ltd. All righ

The State of the Economy

In a speech today at the Institute of Economic Affairs, Rachel Lomax - Deputy Governor for Monetary Policy - says that the outlook for 2008 and beyond has changed dramatically from forecasts made a year ago, even though both inflation and output growth have so far turned out broadly as expected. This change in view reflects two main factors: the possible future impact of the continuing financial crisis in financial markets; and the renewed build up in global inflationary pressures associated, with soaring energy and food prices.
On the first, Rachel Lomax says the MPC's central judgement "is that financial stress will act as a significant drag on demand over the next two years. But there is a high level of uncertainty about this and .the risks, as they affect output, are tilted to the downside". These are that the financial crisis will persist and possibly intensify, and that over time tighter credit conditions and asset price weakness will combine to sap the strength of overall demand, putting downward pressure on inflation in the medium term.
She emphasises that history does not give a clear steer. The 'accident waiting to happen' characterisation of the current financial crisis lends itself to a wide range of predictions, from the relatively benign to the apocalyptic. And while it seems highly likely that growth has been supported by easier credit over the last few years, conventional economic models do not help very much when it comes to quantifying the effect of change in credit conditions.
On the second, Rachel notes that the most recent build up of global cost pressures is just the latest episode in a remarkable period of soaring commodity prices. These have not yet fully fed through into consumer prices, but from next month CPI inflation is likely to rise more sharply. She stresses that there is essentially nothing the MPC can do about this, and its remit does not require it to raise interest rates sharply to counteract this rise in inflation - it can decide what is appropriate in the light of all the circumstances.
Rachel Lomax says that "the real risk facing the Committee is that a further period of above target inflation, prompted by a cost shock over which it has no immediate control, will lead people to revise their expectations about future inflation, and to act accordingly. This will make it more costly to bring inflation back to target".
Given this, she says "it is a matter of intense interest to understand how people form their expectations about inflation". If the credibility of the monetary policy framework itself has been the key to keeping expectations well-anchored in the past, then inflation expectations may prove rather resilient to short term shocks. But if maintaining an excellent track record has been crucial, the situation may be more fragile.
Finally, Rachel Lomax notes that the increased level of uncertainty surrounding the Committee's forecasts implies an increase in the perceived risk of two rather unattractive outcomes - either that growth slows too sharply, or that inflation does not return to target following an upward spike. In this situation she argues that ".it is not unreasonable that the Committee will be more sensitive than usual to changes in the balance of risk".
To conclude, she argues that "a temporary pick-up in inflation - by itself - does not mean that the Committee needs to tolerate a significant weakening in demand. But if inflation expectations appear to be persistently elevated, the Committee will need to tolerate more slack to keep inflation on target. And that means it will have less scope to respond to slowing demand - the risk posed by the current turmoil in financial markets".

people of national city

For more than 150 years the letters PNC have stood for strength, confidence, and stability. Now, they stand for the people of National City as well. We’re one of the nation’s top 5 banks by deposits and branches, with $291 billion in assets. But numbers tell only a part of the story.

STATE BANK OF INDIA (CANADA)

State Bank of India (Canada) (“SBIC”), was established in 1982 as a wholly owned subsidiary of State Bank of India , the largest Bank in India with more than 200 years of reputation for customer’s trust and service. SBIC is rendering yeoman service to Canada in Ontario and British Columbia for the last 25 years, through its 7 branches: 4 branches viz., Toronto, Mississauga, Scarborough, and Brampton are in GTA and 3 branches viz., Vancouver, Surrey and Abbotsford are established in British Columbia. SBIC Branches offer excellent service to the customers with its able staff drawn from diverse communities and origin fluent also in different Indian languages besides officials from the Parent Bank.