"Credit Crunch Increased Arab Investors' Attraction to Online Money Trading"
Katia Tayar, Founder & president of Arabcom Group, has announced that Abu Dhabi will host the 9th Middle East Forex Expo & Conference on 15 and 16 November 2011 at Hilton Hotel. The event will cover online currencies trading, metals, gold and oil from people's smartphones phones, computers, wherever they are on the move 5 days a week . The event has the patronage of the biggest trading companies in the world and the region. Exhibitors and speakers include a large number of international experts and world famous analysts in international stock exchanges from Wall Street, London stock exchange, Singapore and Germany, Switzerland, Great Britain, USA, UAE, Cyprus, Lebanon, Malaysia, Kuwait and many other countries. The conference will shed light on the prospects and the best means to capitalize on money trading opportunities in such markets, which became more attractive for investors, especially under the global economic slowdown and the positive effect of the world sovereign crises on trading rates in currencies and metals. This, in turn, helped such markets to be more active compared to the stock markets which are notably still under the brunt of recession. Experts will also shed light on the rates of precious metals and the real rate of gold, how to capitalize on the fluctuation of exchange rates, especially in these circumstances where the economies of major countries are in deep crisis, the effect of the eurozone crisis on trading, the regulation of e-trading market in the UAE, the effect of media on trading, data, analyses, economic news, technical studies affecting purchases and sales and how to avoid risks and follow the main rules in order to achieve profitability. Tayar added "that currencies trading market are the most transparent market and are 100 times bigger than stock markets. She said that the Middle East region comes in the fourth place among other dynamic international markets, especially in the last three years. Traders from GCC region form the largest part in this booming market which provides investors with daily 4 trillion Dollars of liquidity in a very easy way.
Ms. Tayar indicated that the Broadband internet and smart phones encouraged people to venture into this market and doubled the number of traders from all classes of the society for the revenues it generates.
The most important sponsors of the event include: the official sponsor: ICM Capital UAE, the main sponsor FX Open from Malaysia, diamond sponsor Alpari from Cyprus, platinum sponsor, ADS Securities Abu Dhabi and Forex.com UK, the gold sponsor, Amanah Capital Lebanon, 4XP Germany, Easy-Forex, Cyprus and InstaForex, Russia.
Tayar also referred to the importance of this forex conference 2011 in spreading the online currencies and commodities trading culture and raising the awareness on potential risks and the advantages of following the correct trading rules. She added that the telecommunication and internet revolution along with the credit crunch have created a new community of traders given the flexibility provided by e-trading in currencies and commodities and its continuous vitality. The volume of this market is US$ 4 trillion and operates 5 days a week 24 hours a day. It provides clients with opportunities when the pairs of world currencies go up or down. Brokerage companies use the internet to provide data and analyses to clients through electronic platforms in different languages. Ms. Tayar has warned that e-trading in exchange and commodities markets is not a hobby but it is rather a professional trade liable to loss or profit. She added that ArabCom Group has launched a series of "Forex" events since 2007 with the aim of spreading the culture of money trading and raising awareness of such activity in the region. Forex Abu Dhabi is going to be a real opportunity in exploring the market, extending direct links of communication with the most important financial brokerage companies and meeting with financial experts and high-profile analysts.
Around 40 international and regional brokerage companies are going to take part in Forex conference, in addition to banks, training academies, financial institutions and consultancy companies.
Tayar explained that, contrary to the stock market, currency trading markets are booming even under ongoing economic and financial stagnation. The Middle East region is the fourth in the world as it has 50% of the total number of traders.
Tayar extended the invitation for all interested to know more and learn about this event and about online trading in currencies and commodities to attend the conference for free and she invited people to visit the exhibition, stressing that Forex Abu Dhabi is a unique event through which participants gain access to the latest trading platforms and services .
She also encouraged the guests to take advantage of the workshops and demo accounts provided by the brokerage companies participating in the exhibition.
Tayar has also announced that the event will feature the Middle East Forex Awards for the best brokerage and trading companies in terms of services, latest electronic platforms, technical information, and the most important analyses and services. She indicated that such an event would be the best meeting place for the makers and analysts of world stock exchanges.
Tayar then invited those interested to visit the website of Forex 2011 www.meforexexpo.com to review the agenda of the conference and exhibition and invited people to register online and attend for free.
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© Press Release 2011
