DGAP-News: Dragon Holdings AG: Risk of Trade Insurance Approved for Dragon Holdings AG
(firmenpresse) - DGAP-News: Dragon Holdings AG / Key word(s): Miscellaneous
Dragon Holdings AG: Risk of Trade Insurance Approved for Dragon
Holdings AG
08.10.2013 / 12:15
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Dragon Holdings AG (WKN: A1CTDS): Risk of Trade Insurance Approved for
Dragon Holdings AG
Munich, 7th October 2013 - Dragon Holdings AG, a leading technology
company that develops algorithms, timing solutions and risk management
systems for financial market participants, today announced its trading
algorithms have gained risk of trade insurance approval.
Algorithmus Insurance Limited has approved 125 trading algorithms to be
insured for risk. This approval allows Dragon Holdings to distribute
insured algorithms to brokers and asset managers with a 100% capital
guarantee against loss of capital. The underlying beneficiary will gain
access to Risk of Trade Insurance under this agreement.
Dragon Holdings has extensive expertise in developing algorithms and risk
management systems for all market conditions and its suite of Clone Algo
solutions has proven popular with retail investors, asset managers and
financial institutions.
A number of the approved algorithms are already running on Clone Algo for
Asset Managers and the Clone Algo App for retail investors.
Jim Manczak, Chief Operating Officer of Dragon Holdings, said: 'This is a
significant milestone. What we have achieved is bringing comfort and peace
of mind to the end-users of our technology.
Insured algorithms are a breakthrough in today's marketplace and it means
clients can use our technology with trust and confidence.
This demonstrates Dragon Holdings continues to be at the forefront in
development of trading algorithms and timing technology applied in the
financial markets. More developments are to come in the coming months.'
About Dragon Holdings AG
Dragon Holdings AG is a technology company that develops algorithms, timing
solutions and risk management systems for the financial markets. It is a
global leader in trading and liquidity technology for market participants
in forex, gold, shares and CFDs.
It is publicly listed on the Berlin Boerse (DRA) and traded on the US OTC
Pink (DRGHY). Its registered office is in Munich, Germany.
For more information, please visit www.dragonholdings.net. If you have any
questions, please contact our Investor Relations Team for assistance at:
investor.relations(at)dragonholdings.net or jim.manczak(at)dragonholdings.net
Dragon Holdings Group
Innere Wiener Str. 7 1 Changi North, Street 1End of Corporate News
81667 München 498789 Singapore
Germany Singapore
Tel: +49 (0)89 21665036 Tel: +65 9327 1279
Fax: +49 (0)89 21665041
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08.10.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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233735 08.10.2013
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Datum: 08.10.2013 - 12:15 Uhr
Sprache: Deutsch
News-ID 303618
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Kategorie:
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