One of the most unique things about GalleonFX as compared to other companies is that we post Live Real Money Account Statements.

From now on the percentage numbers we post will be the gross returns calculated from our trading statements before performance fees are deducted.  We're doing this because currently, fees are being deducted in an inconsistent fashion skewing the results as calculated from the Beginning Balance and Ending Equity. 

Some months fees were not being deducted at all. At other times, fees for the previous month were deducted in the present month leading to skewing actual returns even more.   Statements will still be provided for you to  do your own analysis as well as to check our calculations.

This page will be updated with more details and explanations shortly.  This was just a quick news item to let you know that we will be posting gross percent returns instead of net returns to the client.  Net returns can easily be calculated and in most cases it is as simple as deducting 25% from the gross percentage return.

You  may notice some numbers on our Live Performance Page  have changed, and other have not but they are all adjusted to reflect the GROSS returns now before performance fees as calculated directly from the statements they link too.

April seems to have been an unusual month in the currency trading markets.  To cut to the chase, both C150 and C450 ended up positive for the month with C150 barely keeping it's head above water. These are the final gross numbers before the percentage performance fee is deducted.

Cannon 150 Gross Percentage Profits:  0.79%
Cannon 450 Gross Percentage Profits:  1.74%

A more detailed explanation of results follows...

Our Listen Now conference call archives page is now update with all March Conference calls.  We've trimmed the fat so you can get right to the most important points.  We are also making available an Audio FAQ comprised of  excerpts which address common points and questions.   

Your time will be used most efficiently by accessing the Audio FAQ and/or 8previous conference calls before participating in a new one, because  answers to most of questions will be found therein.