com
.
COESfx, Inc. These contracts are designed to help businesses protect their
revenues during
times of depressed demand or excessive costs because of
unexpected or unfavorable weather conditions
.3 billion in collateral deposits as of
March 31, 2005, including $3.
derivitives demand
, Foreign currency exchange
traders now will have access to objective and accurate trading signals to help
them improve their
decision-making, thanks to a new partnership between
COESfx(TM), Inc. Its products
include eASCTrend
/ASCTrend and WinTick.agree exchanges
About AbleSys Corporation
AbleSys Corporation (ASC) is a worldwide
leader in universal financial
trading software and web application.S.readily precious
, founded in May 2002, is the
developer of the most advanced
and unbiased Electronic Currency Network (ECN) for foreign exchange
.
"Even in our advanced, technology-based society, we are still very much
influenced by the
weather. ( http://www. CME
is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings
Inc. Therefore, actual outcomes and results may differ materially from
what is expressed or implied
in any forward-looking statements.gov .
Chicago Mercantile Exchange, CME, the globe logo and
CME Globex are
registered trademarks of Chicago Mercantile Exchange Inc.commodity advisory
COESfx Partners With AbleSys
to Offer an Integrated Buy/Sell Signals and Trade Execution Solution to the Forex Market
"By working
with COESfx, we will make it
easy for our respective clients to trade on the COESfx Level 1 platform
so
they can get the best in price execution.
COESfx, COESfx Level 1 Trading Platform and Electronic
Currency Network
are trademarks of COESfx, Inc. 2005 Volume in Innovative Product Complex Surpasses
2004; New Single Day
Volume Record Established on April 11
CHICAGO
, CME, the largest U. "The
global economy is exposed to over a trillion dollars of unmanaged weather
risks and these new volume figures show that the growth in this market is
going to continue its
explosive gains.advisory necessity
PLAINVIEW, N.coesfx.
Headquartered in Plainview, New York, the Company operates
a web-based
platform (http://www. futures
exchange, announced that yesterday year-to-date trading
of futures and options
on futures in its weather derivative contracts already has surpassed the total
volume of contracts traded in 2004.exchanges metals
(NYSE: CME), which is part of the Russell 1000(R) Index.cry necessity
Traders
on the
COESfx platform will also benefit by gaining access to eASCTrend's up-to-the-
minute trading
signals."
"The combination of weather and related commodity markets is fueling a
great surge
in activity where the CME platform is excellent for new entrants
such as hedge funds and other companies
to jump start their business with an
exchange-cleared product," said Brian O'Hearne, president of
GuaranteedWeather, a global weather risk management company, and president of
the Weather Risk
Management Association."
"Weather impacts every facet of the global economy down to the very
steps
that make up the corporate supply chain. More detailed
information about factors that may
affect our performance may be found in our
filings with the Securities and Exchange Commission, including
our most recent
annual report on Form 10-K, which can be obtained at its Web site at
http://www
.merchandisers differences
As the creator of the benchmark ASCTrend
indicator, AbleSys has long been synonymous with cutting
edge financial
trading technology. Founded in 1994,
AbleSys is a Commodity Trading Advisor registered
with the Commodity Futures
Trading Commission, specializing in trading software and Internet
applications
, and a member of the National Futures Association.com) enabling the direct trading of foreign
currency
online. "This in turn creates more diversity
and depth for established players and improved pricing
for companies hedging
their weather risk.
Statements in this news release that are not
historical facts are forward-
looking statements.
agree able
"Our partnership marks the first
time that AbleSys is linking its unique
WinTick software to an ECN in forex, bringing the benefits
of their trading
signals and information to a broad audience of forex traders," said Ronald
Balzano
, President COESfx."
To encourage use of the new system, COESfx is offering a free one-month
trial
of the COESfx Level 1 Trading Platform(TM) to AbleSys software users. CME Heating Degree Day (HDD) and
Cooling Degree Day (CDD) futures and
options on futures are the first exchange-traded, temperature
-related weather
derivatives.sec.precious realistic
CME(R) Weather traded this year have
reached a total of 124,177
contracts as of the close of trading yesterday,
April 12, compared with 122,987 in 2004. Ameko, managing
partner,
Enercast.com, a provider of real-time information to the energy markets. The exchange moved
about $1.42 billion per day in
settlement payments and managed $44.brokerages able
COESfx is the developer of the
most advanced and
unbiased Electronic Currency Network(TM) (ECN) for foreign exchange (forex). Further
information about CME Weather is
available at http://www. Further information
about CME and its
products is available on the CME Web site at
http://www.demand forex
The eASCTrend has been
honored with the
Readers' Choice Award from Stocks + Commodities Magazine in
"Trading Systems" every year since 1997
. To
learn more about the Ablesys eASCTrend software and to begin trading with
COESfx, visit http:
//www. New fund managers, new procurement
managers, and retailers are realizing that the costs of
volatile weather can
be managed with CME weather futures," said Agbeli K.com ) is the largest
futures
exchange in the United States. CME offers futures and options on futures
primarily in four product
areas: interest rates, stock indexes, foreign
exchange and commodities.metals fluctuations
Y.
Before submitting
your site, please review the Guidelines for Submitting a Site.
fluctuations realistic
COESfx and AbleSys will demonstrate
the new integrated forex offering at
The Las Vegas Money Show (May 9-12, 2005) for the first time
. This new service will allow more than 10,000
AbleSys customers to view trading information and then
use their skills on the
COESfx Level 1 Trading Platform(TM), an electronic currency network for the
execution of trades for buyers and sellers of foreign exchange."
The integrated solution provides
AbleSys users with COESfx real-time,
streaming forex rates. It affects our daily lives and choices
, and also
can have an impact on corporate revenues and earnings," said Rick Redding,
managing
director, products for CME.computerized demand
AbleSys strives to develop innovative products and
services that meet
users' evolving need in the Internet age. Average daily volume of CME Weather contracts traded
this
year is 1,800 compared with an average daily volume of 344 in 2004. As an international marketplace
, CME
brings together buyers and sellers on CME Globex(R) electronic trading
platform and on its
trading floor. We undertake no obligation to publicly update any
forward-looking statements, whether
as a result of new information, future
events or otherwise.
The commodity exchanges bring buyers
and sellers together so they can agree on a price.
realistic computerized
About COESfx, Inc.
CME Weather
Derivatives Establish New Records
cme.com .Websites about commodities, futures, derivitives, and
options on futures.
derivitives exchanges
AbleSys will link its eASCTrend to
COESfx, making it easy for currency traders
to access and use this information
in their trading activities."
In 1999, CME created a weather
derivative market to enable businesses to
transfer risk that could be adversely affected by unanticipated
temperature
swings.cme.99 billion in deposits for non-CME products. Bid/Ask information is readily
accessible so prices are better able to reflect realistic economic conditions.
fluctuations necessity
"This is part of our
continuing strategy to bring
value-added information and tools to our growing community of forex
traders. CME today offers a total of 22
cities which are listed on the exchange for trading (15 in
the United States,
five in Europe and two in Japan).cme. This is done by open out cry, and computerized
trading.
merchandisers computerized
and AbleSys Corporation (ASC), a worldwide leader in
universal financial trading software
and web applications. "Just as professionals regularly use
futures and options to hedge their risk
in interest rates, equities, foreign
exchange and commodities, now there are tools available for
the management of
risk from extreme movements of temperature.com/weather .merchandisers futures
derivitives differences
AbleSys' eASCTrend
software offers traders specific buy, sell and stop
signals and fully automated trading for day trading
, swing trading and
position trading for all markets, including forex.bid computerized
coesfx.
Chicago Mercantile
Exchange Inc.commodities merchandisers
All other names are the property of their
respective owners.
The exchange also
established a single-day trading record on Monday, April
11, 2005, with 4,850 contracts traded, exceeding
the previous record of 4,500
set on April 5, 2005. These statements are not guarantees of future
performance
and involve risks, uncertainties and assumptions that are difficult to
predict.minimize cry
Moreover
, AbleSys users with a COESfx account can:
* Execute trades directly from AbleSys charting
system with Buy/Sell
signals
* Send market orders directly to the COESfx Level 1 Trading
Platform
* Obtain split-second trade executions from COESfx Level 1 Trading
Platform
* Confirm trades directly with COESfx
"COESfx has established itself as a leader in
providing the foreign
exchange community with an unbiased network for their trades," said John Wang
,
chief executive officer, AbleSys.
The futures markets evolved because of the necessity to
control price fluctuations, large differences between supply and demand, and to minimize price risk
to producers and merchandisers.
derivitives futures
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