Operational Results : 1998-99

Size of Portfolio managed USD     40,513,166/- Trading Turnover generated USD   190,593,300/- Net Trading Profit generated USD          139,802/- Valuation Gain generated USD       2,579,802/- Ratio Value Interpretation Profit/ Loss Ratio 1.55 On an average, we have earned $ 1.5 against every $ 1.0 that we have lost Net Trading Profit/ Portfolio (%) 0.35% On an average, we have made a Net Profit of $ 3,900 (Rs 1.5 Lacs)  on every $ 1 million managed Valuation Gain/ Portfolio (%) 6.37% We have been able to generate a Net Gain of 6.37% on the Exposure managed Turnover / Portfolio 4.70 We have traded each $ of Capital 4.7 times

Disclaimer: Past performance is no guarantee of future success or failure. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved. While we can guarantee our best efforts and services for our clients, we do not guarantee or provide iron-clad protection against losses in the Foreign Exchange markets.