Live Forexnews Group Discussion to be Hosted by Cornelius Luca; Foreign Exchange Author to...

Business Editors

NEW YORK--(BUSINESS WIRE)--Feb. 26, 2001

Cornelius Luca, author of three top selling Foreign Exchange books, will host a live discussion on the foreign exchange markets on Wednesday, February 28, 2001 between 11 AM - 2

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The discussion, conducted by Forexnews.com, a subsidiary of MG Financial Group, is free of charge and those interested in participating can access the registration page by copying and pasting the URL: http://www.forexnews.com/user/account.asp?loc=userinfo.

The forum with Mr. Luca is scheduled on February 28, the day before a major news conference is to be conducted by the European Central Bank (ECB) Council and also the release in the U.S. of the NAPM Survey on manufacturing. Mr. Luca will discuss anticipated results of the two major events and answer questions in a specially prepared forum.

The timing of the forum is highly relevant to markets' anticipation of key economic events in the following day. On March 1st, the ECB is expected to announce its latest outlook on growth, and its plans for curbing inflation. The NAPM survey will assess the current state of manufacturing in the U.S. and help determine if interest rates should be further reduced.

Mr. Luca, with 18 years of foreign exchange trading experience, has written three widely acclaimed trade books; Trading in the Global Currency Markets, Technical Analysis Applications in the Global Currency Markets and Practical Introduction to Technical Analysis.

Mr. Luca utilizes specialized, easy-to-follow analysis, which provides key entry, exit, target and magnet levels to both analysts and traders. His analysis is based on a unique combination of candlestick charting, retracement and trend analysis, moving averages, point and figure charts and unique Gann analysis applications.

For questions or comments about the live discussion, contact Jonathan Ziegel, Director of Marketing, MG Financial Group, at 212-835-0100, or by email at info@forex.com.

About MG Financial Group, Inc.

Incorporated in 1992 and based in New York, Money Garden Corp. is the parent company of MG Financial Group, the leading U.S. online foreign exchange trading company today. MG Financial's Deal Station 2000(TM) currently services about 1,200 experienced live traders and averages around 3,000 demo traders per month. To help familiarize themselves with the new system, potential traders can subscribe to a free one-month trial account before trading live.

The Company is the first foreign exchange market maker to obtain Fidelity Bond 14 insurance for its clients, protecting their funds from fraud and embezzlement. Another original fact is that the Company has been registered with the Bureau of Investor Protection Agency since 1994.

Forexnews.com is an affiliate of MG Financial Group, located at 40 Exchange Place, New York, NY 10005. The telephone is 212-835-0100.

This release and prior releases are available on the KCSA Public Relations Worldwide Web site at www.kcsa.com