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PRINCIPALS
Francis “Frank” Miller
National Futures Association Member ID # 225842 -
inactive
BUSINESS BACKGROUND
Mr. Miller has been
registered with the N.F.A. # 225842 (currently inactive) and managed clients funds under Power of
Attorney since 6-90 and has acted in the capacity of principal, CTA, CPO and AP.
Mr. Miller
was also employed by both Crown Bank and Prime Source Financial in their
Wholesale Mortgage Divisions. Currently Mr. Miller
advises and directs
managed Forex trading for various Forex firms.
Mr.
Miller is also serves as the Director of Trading Operations for a Delray Beach,
Florida financial institution trading
managed Forex funds.
PROPRIETARY TRADING OF THE ADVISOR.
The
trading Manager currently trades commodity and Forex interests, and will
continue extensively to trade for his own proprietary account.
Managed Forex Accounts
Managed Forex
accounts can participate in different interbanc markets worldwide.
Professional Management brings to Forex trading benefits similar to
those experienced with mutual funds and investment advisors. These
benefits include full-time dedication to markets, a disciplined
trading approach, money management techniques that seek to control
losses and protect profits and strategies that attempt to balance
risk and reward.
You'll find
yourself joining a growing number of investors who understand the
unique role that managed Forex can play in a portfolio's investment
mix. Managed Forex programs, traded on your behalf by a professional
money manager offer exposure to the global Forex markets and
products not traded by traditional equity money managers. These
managed accounts, which are also eligible for most IRAs, can provide
access Forex Interbanc markets worldwide. Managed programs are true
diversifiers because returns are not correlated with stock prices or
interest rates, and also because they have the potential to do well
during all phases of the economic cycle. Opportunities in Forex
trading exist in both rising and falling markets all around the
world. Strategies employing cross currency pairs allow for profit
potential in flat or neutral markets.
Forex markets are affected to some
extent by an annual seasonal cycle. This seasonal cycle or pattern
refers to the tendency of markets to move in a given direction at
certain times of the year. Although the reasons for seasonal tops
and bottoms are obvious in the Forex markets, virtually all markets
experience seasonal patterns. We have certain trades that we have
identified as seasonal trades. These were selected by using state of
the art computers, software programs and experience. Seasonal
listings do not constitute buy and/or sell recommendations, rather
seasonal tendencies should be used as an additional tool for traders
to consider.
Professional
money managers manage client assets on a discretionary basis using
global Forex markets as an investment medium. Managed Forex trading
take positions based on expected profit potential. Many investment
management professionals have been using managed Forex trading for
years. More recently, institutional investors such as corporate and
public pension funds, endowments and trusts, and banks have made
managed Forex trading part of a well-diversified portfolio. The
growing use of managed Forex trading by these investors can be
attributed to the increased institutional use of the Forex markets
for risk-management programs. Additionally, investors want greater
diversity in their portfolios. They seek to increase portfolio
exposure to international investments and non-equities sectors, an
objective that is easily accomplished through the use of the Forex
markets.
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