Currency Manager Capricorn establishes Prime Brokerage with Deutsche Bank, London

In the end of November 2004 Capricorn finalized its Prime Brokerage relationship with Deutsche Bank in London to minimize operational and accounting-related issues and to curb costs through consolidated reporting. The structure of the Prime Brokerage allows Capricorn the benefits of executing with a number of liquidity providers and being provided with tighter FX spreads, a major advantage to any short-term intraday trader to enhance profitability.

The benefits to Capricorn clients of the Prime Brokerage structure are two-fold; most importantly is the ability to enhance profits. Additionally, greater flexibility can be offered in respect to operational procedure, whereby clients are able to participate in an FX program whilst maintaining their deposit at their chosen bank.

Capricorn is an FX-only Investment specialist. For further information please access our website at; www.capricornfx.com.