• We are currently working with IBFX to finalize some negotiations on the Busted Trades.  We have been put onto a newer feed at IBFX that has some more liquidity available and seeming smaller spreads.  We did get entered on the CAD Trade Balance with a decent spread, but our management software locked in profit faster than we could turn it off so it gave us the 2 pip gain. 
• We will continue to work with IBFX until our floating positions are closed at which time we will look at moving brokers.  We do have some in mind, but until we make our final decisions we will not disclose which brokers we are reviewing. 
• We are continuing to hold our current positions as they are moving in our favor now.  We have entered some smaller positions on the USD/CHF and all reports are now showing that the larger move is happening and we are with the move.

11/05/07– UK Industrial Production – Requote

11/07/07– BFTrade – Hedge – USD/CAD Sell: 0.9153; Close: 0.9060 =93 pips

11/07/07– BFTrade – Hedge – USD/CAD Sell: 0.9155; Close: 0.9060 =95 pips

11/09/07–UK Trade Balance – No Trade

11/09/07– CAD Trade Balance – EUR/CAD Buy: 1.3814; Close: 1.3816 = 2 pips