On April 23 and 24, three specialists from FXCM, the Wall Street currency trader, will address the third Middle East Forex Trading Expo and Conference:
- Boris Schlossberg, Senior Currency Analyst
- Amro Abdu, Middle East Regional Manager and VP Institutional Sales Division
- Ahmed Saleh, Institutional Investments Specialist
The two-day conference, held at the Crowne Plaza Hotel in Al Manama City, Kingdom of Bahrain, will feature more than a dozen currency trading experts from the Middle East, Europe and the US.
Boris Schlossberg, one of the best-known currency analysts in the US and a frequent commentator for Reuters, Bloomberg and CNBC, will address the Expo on both days. CHECK THIS
Schlossberg's presentation, "Dollar - Still King of the Currency World?" will discuss the vital issues affecting the currency market today - the weakness of the dollar, the impact of that weakness on oil and the GCC countries, and whether the dollar is suffering a cyclical decline or is actually in danger of losing its reserve currency status.
"This year forex markets are particularly fraught with risk and opportunity," said Schlossberg, "if the dollar continues to collapse, it will affect every other economy and currency valuation."
Amro Abdu's trading experience includes stocks and commodities as well as foreign exchange. Mr. Abdu will outline the benefits of "No Dealing Desk" trade execution. According to Mr. Abdu, this increasingly popular style of forex trade execution results in more liquidity and tighter spreads for the retail trader, since they are trading with competing bid and ask prices provided to FXCM from some of the world's largest banks and financial institutions. Mr. Abdu's presentation will be in Arabic.
Ahmed Saleh, a trader with long experience in foreign exchange, will describe a new product which bridges the gap between self-trading and system trading. Called the FXCM System Selector, it enables traders to choose components from over 40 backtested forex trading systems in order to assemble their own automatic system. Mr. Saleh's presentation will be in Arabic.
Boris Schlossberg serves as Senior Currency Strategist with Forex Capital Markets LLC (FXCM). Mr. Schlossberg is a regular speaker at trading conferences and commentator for CBS MarketWatch, Reuters, Bloomberg, and CNBC. He is a frequent contributor to SFO magazine, co-writer for the FX section of Investopedia.com, and coeditor of the BKForexAdvisor newsletter. Boris has been an independent trader since 1999, trading a variety of instruments including stocks, options, futures, and currencies. Mr. Schlossberg is also author of Technical Analysis of the Currency Market, and co-author of Millionaire Traders: How Regular People Are Beating Wall Street At Its Own Game.
Amro Abdu is FXCM's Vice President of Middle East Institutional Sales Division and a registered member of both the National Futures Association and the Market Technicians Association. His long trading experience includes stocks, commodities, and forex.
Ahmed Saleh, a registered member of the National Futures Association, is one of the most experienced currency traders at FXCM, and has directed the Arabic section of the currency Powercourse, teaching fundamental and technical analysis techniques to thousands of Middle Eastern traders.
FXCM Facts
- Forex Capital Markets LLC is one of the Largest Forex Dealer Members
- More than 100,000 live accounts are traded on FXCM trading platforms
- As of January 2008, an average of $350 billion in notional volume is traded each month on FXCM trading platforms
- As of January 2008, there is in excess of $700 million in customer funds trading on platforms offered by FXCM
- FXCM provides customer support with native speakers in more than a dozen languages in 6 offices around the world
Registered with the CFTC as a Futures Commission Merchant, FXCM (Forex Capital Markets LLC) has received numerous awards from the investment community, including Best Currency Broker from Shares, Best Retail Foreign Exchange Platform from FX Week and Best Foreign Exchange Specialist from Technical Analysis of Stocks & Commodities. In addition to currency trading, FXCM offers educational courses on forex trading, and provides research through DailyFX.com.
Leveraged foreign exchange trading carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
-Ends-
More Information:
Jaclyn Sales
Public Relations Coordinator
FXCM
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005
Dir (646) 432-2463
Tel (212) 897-7660
jsales@fxcm.com
© Press Release 2008
