NAIA Airport is the airport serving the general area of Manila and its surrounding metropolitan area. Located along the border between Pasay City and Parañaque City, about seven kilometers south of Manila proper, and southwest of Makati City, NAIA is the main international gateway for travelers to the Philippines and is the hub for all Philippine airlines.

Tuesday, February 16, 2010

Reasons You should Use a Regulated Forex Broker

By: Korbin Newlyn

Does becoming a regulated forex broker interest you? Forex brokers do their business in the fast paced arena of foreign currency, creating millions for their clients. In addition, they earn very good money in commissions for themselves , speculating on which specific countries exchange rates are going to either go up or down in the near future.

What Entity Regulates Forex Brokers?

Since Forex brokers do their business around the world in various nations and cities, there is no single agency that regulates all Forex brokers. Instead, brokers are generally regulated through the local regulation brokerage agency in their home countries.

Therefore, U.S. Forex brokers are mainly regulated through the Securities and Exchange Commission, the Federal Deposit Insurance Corporation, the Federal Reserve System, or the Office of the Comptroller of the Currency.

Forex brokers that are situated in Japan are regulated by the Financial Services Agency, while the Irag Securities Commission regulates Forex brokers that are located with the borders of Iraq.

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What Are The Rule That Govern Forex Traders?

Making trades on foreign exchanges is very different from making trades on the NYSE or the Nasdaq for instance. Forex trading has it's rules set down by the National Futures Association. The majority of the trades have to do with the major currencies; The American, Australian, Canadian dollars; The Euro; The British Pound; The Japanese Yen and so on.

National Futures Association

These various regulations are set forth in the National Futures Association Retail Off Exchange Foreign Rules. The various rules include detailed information in regards to assessments and dues, different requirements for managing a Forex account, numerous obligations of assignees, and various other situations that arise throughout the course of Forex trading.

The internet website of the National Futures Association incorporates a wealth of information for the start up regulated Forex Broker or Forex Investor. At this site you will find all the numerous rules that govern Forex traders; Forex reporting requirements' Forex alerts for investors; different notices to Forex members, decision notices which interpret the Forex rules, as well as other resources for those people who want to learn more in regards to Forex.

Their website also furnishes various links for electronic filing that are required to both establish as well as maintain a Forex brokerage, Forex reporting, promotional materials, complaints, exemptions, and the annual questionnaire.

Be Wary Of Unregulated Brokers

All investors must be aware that Forex fraud is an increasingly pervasive problem. The Commodities Futures trading Commission have estimates that consumers have lost in excess of $395 million in fraudulent Forex schemes.

For Additional Information

If you are looking for added information in regards to Forex than can be found on the National Future Association website, you can educate yourself on Forex trading by a self study program or through taking a course.

About the author:

Listen to Korbin Newlyn as he shares his insights as an expert author and an avid writer in the field of finance. If you would like to learn more go to Forex Training advice and at Learnin g About Forex tips.



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Philippines Light Rail Transit Public Transportation

The Manila Light Rail Transit System (Filipino: Sistema ng Magaan na Riles Panlulan ng Maynila),[citation needed] popularly known as the LRT, is a metropolitan rail system serving the Metro Manila area in the Philippines. Its twenty-nine stations over 28.8 kilometers (17.9 mi) of mostly elevated track form two lines. LRT Line 1, also called the Yellow Line, opened in 1984 and travels a north–south route. LRT Line 2, the Purple Line, was completed in 2004 and runs east–west.

The LRT is operated by the Light Rail Transit Authority (LRTA), a government-owned and controlled corporation under the authority of the Department of Transportation and Communications (DOTC). Along with the Manila Metro Rail Transit System (MRT, also called the Blue Line), and the Philippine National Railways (PNR), the LRT is part of Metro Manila's rail transportation infrastructure known as the Strong Republic Transit System (SRTS)

Stations

Santolan Recto Baclaran Monumento Cubao

The People Power Revolution was a series of nonviolent and prayerful mass street demonstrations in the Philippines that occurred in 1986. It was the inspiration for subsequent non-violent demonstrations around the world including those that ended the communist dictatorships of Eastern Europe.

A glimpse of Philippine culture through traditional dances and songs performed by some of the country's best dance groups.

In 1990, it was voted by the BMW Tropical Beach Handbook as one of the best beaches in the world

Barasoain Church (also known as Our Lady of Mt. Carmel Parish) is a Roman Catholic church built in 1630 in Malolos City, Bulacan.

Laguna de Bay (Filipino: Lawa ng Bay; English: Laguna de Bay is the largest lake in the Philippines and the third largest freshwater lake in Southeast Asia

Malacañan Palace, is the official residence of the President of the Philippines.