FXstreet.com announces the Forex Person of the Year: Michael ...
FXstreet.com announces the Forex Person of the Year: Michael ...
FXstreet.com announces the Forex Person of the Year: Michael ...
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<strong>FXstreet</strong>.<strong>com</strong> <strong>announces</strong> <strong>the</strong> <strong>Forex</strong> <strong>Person</strong> <strong>of</strong> <strong>the</strong> <strong>Year</strong>:<br />
<strong>Michael</strong> Greenberg<br />
Barcelona, January 27 th – <strong>Michael</strong> Greenberg, Founder <strong>of</strong> <strong>Forex</strong> Magnates, has been named<br />
“<strong>Forex</strong> <strong>Person</strong> <strong>of</strong> <strong>the</strong> <strong>Year</strong>” by <strong>FXstreet</strong>.<strong>com</strong>, <strong>the</strong> independent <strong>Forex</strong> information website.<br />
<strong>Forex</strong> Magnates is a specialized forex news source and trading research firm. <strong>Forex</strong><br />
Magnates has been on <strong>the</strong> forefront <strong>of</strong> retail forex breaking news publishing since early 2009.<br />
Since Q1 2011 <strong>Forex</strong> Magnates publishes a quarterly retail forex report overviewing latest<br />
market trends, trading volumes and developments in various regions. The quarterly report is<br />
used by hundreds <strong>of</strong> forex brokers, banks, investment firms and o<strong>the</strong>rs to ga<strong>the</strong>r <strong>the</strong> most<br />
accurate overview <strong>of</strong> <strong>the</strong> industry. The <strong>com</strong>pany also performs specialized ad-hoc research as<br />
required by clients in various branches <strong>of</strong> <strong>the</strong> financial industry.<br />
Francesc Riverola, CEO <strong>of</strong> <strong>FXstreet</strong>.<strong>com</strong>, explained why Greenberg was chosen as <strong>the</strong> most<br />
distinguished figure in <strong>the</strong> FX market last year: “<strong>Forex</strong> Magnates work in 2011 has been<br />
outstanding, converting <strong>the</strong> site into <strong>the</strong> reference for <strong>Forex</strong> Industry news with a 60% growth<br />
in visits from previous year. <strong>Forex</strong> Magnates' biggest improvement <strong>of</strong> <strong>the</strong> year has been <strong>the</strong><br />
launching <strong>of</strong> <strong>the</strong> quarterly report <strong>of</strong> <strong>the</strong> retail <strong>Forex</strong> industry. The product has be<strong>com</strong>e a hit and<br />
<strong>Michael</strong> Greenberg sold several hundreds <strong>of</strong> copies to <strong>the</strong> biggest brokers, banks and s<strong>of</strong>tware<br />
firms. A two thumbs up work... no doubt about it.”<br />
<strong>Michael</strong> Greenberg wel<strong>com</strong>ed <strong>the</strong> news with surprise "I'm extremely honoured and surprised to<br />
win this award. I think such awards are a great way for <strong>the</strong> large forex audience to be<strong>com</strong>e<br />
familiar with <strong>com</strong>panies such as <strong>Forex</strong> Magnates. <strong>Forex</strong> Magnates doesn't cater only to forex<br />
brokers or providers but also to sophisticated <strong>Forex</strong> traders (representing about 50% <strong>of</strong> <strong>the</strong><br />
traffic) who are looking for more detailed information about <strong>the</strong> market <strong>the</strong>y operate in. Just<br />
being nominated is already an award by itself and everyone on <strong>the</strong> final nominees list deserve<br />
this award."<br />
<strong>FXstreet</strong>.<strong>com</strong> team's idea by designating its own <strong>Forex</strong> <strong>Person</strong> <strong>of</strong> <strong>the</strong> <strong>Year</strong> is to pay tribute to a<br />
person or a team <strong>of</strong> people and a project that might not have been in <strong>the</strong> big headlines but that<br />
positively contributed to make <strong>the</strong> <strong>Forex</strong> world better, more respected and more transparent in<br />
2011. This market is huge and full <strong>of</strong> pr<strong>of</strong>essionals who work every day to make <strong>the</strong> business<br />
easier and better. The focus has been innovation and quality, and not necessarily going for<br />
<strong>the</strong> most famous names.<br />
Before announcing <strong>the</strong> <strong>Forex</strong> <strong>Person</strong> <strong>of</strong> The <strong>Year</strong>, <strong>FXstreet</strong>.<strong>com</strong> issued a list <strong>of</strong> five finalists for this<br />
title. The o<strong>the</strong>r four candidates selected by <strong>the</strong> website's team were:<br />
Bijoy Kar, Howard Friend, Ron William - MIG Bank Research Team:<br />
“MIG bank has done a superb selection <strong>of</strong> industry pr<strong>of</strong>essionals in building its Research Team<br />
which is <strong>com</strong>prised <strong>of</strong> holders <strong>of</strong> <strong>the</strong> coveted designations CFA, CMT and MSTA. They brought a<br />
wealth <strong>of</strong> financial market experience to MIG Bank's clients and also to <strong>FXstreet</strong>.<strong>com</strong>'s visitors<br />
who are regularly delighted by presentations <strong>of</strong> <strong>the</strong> team members. Each presentation is a major<br />
breakthrough in analysis and trading techniques. O<strong>the</strong>r research products developed by MIG<br />
Bank Research Team such as <strong>the</strong> Market Outlook reports and Trading Signals have also grown to<br />
a force to reckon with in <strong>the</strong> <strong>Forex</strong> industry. For all <strong>the</strong> efforts MIG Bank's Research team has<br />
made to help <strong>the</strong> uneducated public in this rite <strong>of</strong> passage to <strong>the</strong> informed club, goes our<br />
nomination.”<br />
Jeff Langin, Demme Wiggins, Meherban Faroogh - 1000 Pip Club:<br />
“Be<strong>com</strong>ing a successful <strong>Forex</strong> trader is a monumental task. 1000 Pip Club made it possible in an<br />
efficient and <strong>com</strong>prehensive way. First to highlight is a superb organization <strong>of</strong> <strong>the</strong> educational<br />
material: divided in two levels, Cadet and Pro, all required areas <strong>of</strong> knowledge are presented in a<br />
www.fxstreet.<strong>com</strong> Contact: Maud Gilson – maud@fxstreet.<strong>com</strong> T: +34 304 04 95
well choreographed balance. Second, vast areas such as technical and fundamental analysis are<br />
blended into practical intermarket studies, making <strong>of</strong> <strong>the</strong> student a jack in all techniques and a<br />
master in some. While <strong>the</strong> members area <strong>com</strong>prises 150+ hours <strong>of</strong> training videos, chart studies,<br />
articles, and definitions, what most impressed us was how well it has been organized. A firm<br />
belief in team philosophy, a mature and pr<strong>of</strong>essional mindset and <strong>the</strong> <strong>com</strong>mitment to <strong>the</strong> goal <strong>of</strong><br />
personal improvement are those intangibles that make <strong>the</strong> <strong>FXstreet</strong> team nominate 1000 Pip<br />
Club.”<br />
Alex and Pavel Rekun - Myfxbook<br />
“Myfxbook is a <strong>Forex</strong> <strong>com</strong>munity and a free service for <strong>Forex</strong> traders enabling <strong>the</strong>m to analyze<br />
<strong>the</strong>ir <strong>Forex</strong> trading account, share <strong>the</strong>ir trades, publish <strong>the</strong>ir statement, and more. It was opened<br />
to <strong>the</strong> public on August 1st, 2009 after being developed <strong>of</strong>fline for almost 1 year. Although most<br />
start-up <strong>com</strong>panies require initial funding to get things going, Alex Rekun and his bro<strong>the</strong>r Pavel<br />
decided to do it on <strong>the</strong>ir own in order to have <strong>com</strong>plete control over Myfxbook. They started as 2<br />
developers and are now 5 in total.<br />
After 2.5 years online, myfxBook is still experiencing a tremendous growth with an increase <strong>of</strong><br />
+123.58% in pageviews between 2010 and 2011, +123.82% in Users Registrations, +163.52%<br />
in Trading Accounts. Those data confirms that myfxBook is in <strong>the</strong> right path and creating <strong>the</strong><br />
tools traders are missing in <strong>the</strong> online <strong>Forex</strong> world.”<br />
Rodolfo Festa Bianchet - Trade Interceptor<br />
“Trade Interceptor is a multibroker platform. From a single interface, users can watch bid and ask<br />
prices and trade with several brokers simultaneously, test <strong>the</strong>ir strategies using various broker<br />
trading execution models, watch RFX Best proprietary aggregation feed, decide which broker<br />
better suits <strong>the</strong>ir trading needs, and easily manage multiple trading accounts.<br />
In February 2011- after 18 months <strong>of</strong> beta - <strong>the</strong> Live Trading on <strong>the</strong> platform was launched.<br />
Trade Interceptor possesses <strong>the</strong> best mobile technology at <strong>the</strong> moment on IOS and Android (<strong>the</strong>y<br />
have just released a kindle fire edition) and is in <strong>the</strong> first positions on iPhone/iPad app under<br />
<strong>Forex</strong> all over <strong>the</strong> world (for example first in japan for iPad).<br />
The entire registration database is now made <strong>of</strong> more than 125.000 users. Between 2010 and<br />
2011, <strong>the</strong> non expiring free registrations increased <strong>of</strong> 391%. The new free registration rate is<br />
averaging 9000/10,000 per month. There are around 2.5 million sessions per month with an<br />
average length <strong>of</strong> 13 minutes each. The future <strong>of</strong> Trade Interceptor is promising, and 2012<br />
should be <strong>the</strong> year <strong>of</strong> consolidation <strong>of</strong> this impressive start.”<br />
---<br />
Notes to Editors<br />
<strong>FXstreet</strong>.<strong>com</strong> was founded in January 2000. As its distinctive trademark, <strong>the</strong> website has always been<br />
proud <strong>of</strong> its unyielding <strong>com</strong>mitment to provide objective and unbiased information and to enable its users to<br />
take better and more confident decisions. On <strong>the</strong> website, <strong>the</strong> real-time quotes, news, newsletters and<br />
interactive chats with experts from all over <strong>the</strong> world are among <strong>the</strong> most well-received contents.<br />
<strong>FXstreet</strong>.<strong>com</strong> has managed to gain <strong>the</strong> collaboration <strong>of</strong> <strong>the</strong> entire <strong>Forex</strong> industry, from pr<strong>of</strong>essional<br />
individuals and small <strong>com</strong>panies right up to <strong>Forex</strong> Brokers and Investment Banks. The website exists in<br />
English (www.fxstreet.<strong>com</strong>), Spanish (www.fxstreet.es) and 13 o<strong>the</strong>r languages.<br />
In 2010, <strong>the</strong>se <strong>FXstreet</strong>.<strong>com</strong> sites reached more than 108,000,000 pageviews. The English website<br />
garnered <strong>the</strong> most important part <strong>of</strong> <strong>the</strong> traffic with 86,274,051 pageviews and 5,759,383 absolute unique<br />
visitors.<br />
<strong>FXstreet</strong>.<strong>com</strong> was short listed as “Best e-FX initiative <strong>of</strong> <strong>the</strong> year (vendor)” for <strong>the</strong> FX Week e-FX Awards<br />
2010.<br />
Connect with <strong>FXstreet</strong>.<strong>com</strong>:<br />
Twitter: http://twitter.<strong>com</strong>/<strong>FXstreet</strong>Update<br />
Facebook: http://www.facebook.<strong>com</strong>/<strong>FXstreet</strong><br />
CEO's blog: http://blogs.fxstreet.<strong>com</strong>/francesc/<br />
Youtube Channel: http://www.youtube.<strong>com</strong>/fxstreet<br />
# # #<br />
www.fxstreet.<strong>com</strong> Contact: Maud Gilson – maud@fxstreet.<strong>com</strong> T: +34 304 04 95