Dragon Holdings AG
Dragon Holdings AG: Risk of Trade Insurance Approved for Dragon Holdings AG
Dragon Holdings AG / Key word(s): Miscellaneous 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: Dragon Holdings Group
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