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Updated on 2/27/2003 -
AUGEIP Global CFDs and Foreign
Currencies (Forex) Trading System
The AUGEIP
System Partner Trading software allows the placement of market
orders, stop orders to close, stop orders to initiate a new
position, limit orders to close, and limit orders to initiate a new
position.
Placing
a Market Order
To place a
trade at the indicated prices, just click on that price. In
the example pictured below, you would click on .8827 if you wanted
to buy EURUSD at .8827. If you had wanted to sell EURUSD, you
would have clicked on .8823. Once you click on .8827, the
confirmation box pictured below will appear. You can then
indicate the size of the transaction in lots (1 lot is approximately
10,000 units of the base currency). Click "OK" when
you are ready to place the trade.
Placing
a Stop or Limit to Initiate a New Position
If you
want to initiate a new position with a stop or limit, just right-click
on the buy price or sell price. You will then see the pop-up
menu pictured below. The below example is for buying EURUSD.
If you
wanted to buy only if EURUSD trades higher, then you would select
"Entry Stop" (pictured above) and then input your
desired price and transaction size in lots in the second pop-up
menu, as pictured below.
If had you
wanted to buy EURUSD at a better price if it trades lower, you would
have selected "Entry Limit" and input your desired price
and transaction size in lots.
Closing
Positions
Positions
are closed only when specifically instruct the system to do so.
Otherwise a new position will appear, even if it is in the same
currency in the opposite direction (a "hedge"). To close a
position, right-click on that position in the "Open
Positions" window. Then select "Stop" to place
a stop order that will close the position if filled;
"Limit" to place a limit order that will close the
position if filled, or "Close position" to immediately
close the position at current market prices.
The AUGEIP
System Partner Trading software is available at all times to provide
assistance with using our software. Furthermore, AUGEIP trades
worldwide. For more information write to: augeipcommodityxchange@africanunion.intranets.com.
To
proceed with CFD or Forex Trading click here
To
proceed with Minerals, Metals, Fertilizers, Agro Products,
Commodities & General Product Trading Trading here
See on the Main menu - "Placing Orders".
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Thabo Mbeki, "Our
peoples throughout our continent are determined that we must
advance in decisive manner toward the realisation of the goals
of African political and economic integration and unity - we
have to do this so that we overcome the problems of poverty and
underdevelopment that afflict Africa, impose misery on millions
of Africans, and lead to the global marginalisation of our
continent and its people."
| We need
more resources and financial assistances to fully
implement the AUGEIP Programme. The Office of the
Permanent Secretary of this Proposed AU Commission on
Regional Economic Integration, Research and Information
System drew up the following expenditure plan outlining
the expected FIRST expenditure as an approximation. The
indicative tasks to be Budgeted are shown below. Sign
up |
| INDICATIVE
REQUEST FOR FUNDING THE FIRST LINE OF THE
IMPLEMENTATION TASKS:
FIRST
LINE OF FUNDING TO COVER:
- Production
of this Proposed AU Consultative Process programme
and Website in other four official AU
languages (French, Portuguese, Spanish, Arabic and
Swahili) in order to reach over-board African
communities.: Time frame: 03/01/2003
– 03/22/2003. Estimated Funding needed: US $
35,000.00
- Advertisements
of this Proposed AU Consultative Process programme
on national, regional and some global print media,
community radio and television: Time
frame: 03/01/2003 – 05/17/2003. Estimated Funding
needed: US $ 106.000.00
- Development
and distribution of this Proposed AU Consultative
Process programme on electronic medias such as CD
ROM, Online electronic libraries and Internet access
to all Ministries of Commerce, trade and Industry;
Ministries of Agriculture and Co-operatives;
Ministries in charge of Mines, Energies and Natural
resources of the 53 member States and to their
Provincial and Districts offices for rural
communities participations and reviews: Time
frame: 03/10/2003 – 05/17/2003. Estimated Funding
needed: US $ 106.000.00
- Implementation
of AUGEIP Internet Centers (AUIC) throughout the 53
member Sates to provide Internet connections to
areas of the AU communities lacking to be able to
participate in the AUGEIP programme, especially to
accommodate for capital consumptive expenditure
related to procurement of equipments and software to
establish local link to Internet via local ISPs
(First step); computers and accessories; cables;
furnitures acquisition and communication lines and
equipments, minimum operational personnel of 3
Contracts qualified employees in each AUIC, leasing
or renting of spaces to implement the AUIC; licenses
purchasing and operating rights for each AUIC: Time
frame: 03/17/2003 – 05/17/2003. Estimated
Funding needed: US $ 212,000.00
- Direct collections of the above stakeholders' views on
the proposed GEI policy via AUGEIP's Online Research
and Information System and databases: 03/17/2003
– 05/17/2003. Estimated Funding needed: US $
53,000.00
- Organisation
of Forums via Internet, telecasts and regional
conferences to review the collected stakeholders'
views on the Proposed AU Regional and Global
Economic Integration Programme (AUGEIP): 04/01/2003
– 05/17/2003. Estimated Funding needed: US $
53,000.00
- Submission
of the final reviewed GEI policy to the AU
Chairperson, to the Assembly and Parliament for
adoption and enlistment of the International
community for implementation of the adopted GEI
policies within the AU communities and member
States: Starts on 05/17/2003 to 05/31/2003.
Estimated Funding needed: US $ 53,000.00
- The
current interim management, research and technical
staff is composed of 10 people. There is a critical
shortage of at least one AUGEIP Programme
Implementation Coordinator to coordinate the
Proposed AUGEIP Consultative Process programme in
each member States and attached at the Proposed AU
Commission on Regional and Global Economic
Integration Programme. For a total of 53 AUGEIP
Coordinators to be hired on Contract basis. For
operating expenses of 10 original managerial,
research and technical staff and salaries for three
(3) months – the duration of the Proposed AUGEIP
Consultative Process Programme: Time
frame: 03/01/2003 – 05/31/2003. Estimated Funding
needed: (US $ 3000 x 63 x 3) = US $: 567,000.00
TOTAL:
time frame: 3 months.
Estimated Funding needed: US $ 1,235,000.00
The
Consultative Process starts from March 1, 2003 through
Mai 31, 2003. Please click here
to find out HOW to pay for your appreciated
contributions.
We thank you in advance for your efforts and
contributions in helping to FULLY implement this
programme.
Sincerely,
P.O. The Permanent Secretary of the Proposed Au
Commission on Regional and Global Economic Integration
(AUGEIP)
Please
direct all inquiries to: permanent-secretary@africanunion.intranets.com
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