(NEW YORK, November 29, 2010) – The Alpari group (“Alpari”), one of the world’s fastest growing providers of online foreign exchange (“Forex”, “FX”) trading services, today announced the appointment of Mark Davison to Global Head of Institutional Sales. He was formerly Head of Institutional Sales EMEA at Forex Capital Markets.
Mark brings with him over 20 years of FX experience. In his previous roles, he designed and marketed online trading platforms, managed industry operations, constructed market commentaries, and oversaw Spot Desk pricing.
At Alpari, Mark will be responsible for establishing and strategically managing the global operations of the Alpari Institutional Sales department. His work will focus on QuantumFX, Alpari’s new credit-driven institutional offering aimed at hedge funds and trading desks within large institutions eager to leverage Alpari’s technology and liquidity. Mark will be based in London.
Mark comments about joining the company, “QuantumFX is a major step for Alpari and the FX market as a whole. I am very excited about joining the team and leading the QuantumFX project, which provides institutional investors with a truly anonymous trading platform. I feel confident that QuantumFX will be a significant stepping stone in Alpari’s expansion. The company has seen tremendous growth globally over the past few years and it is evidence that Alpari’s fresh approach to Forex trading meets traders’ approval around the world.”
Daniel Skowronski, Chief Executive Officer of Alpari (US), is proud to welcome Mark to Alpari. He says, “Mark’s vast experience and his in-depth knowledge of the demands of the modern online FX trading client will be a real asset to Alpari. He is a great addition to our team and I am confident that he will make a true difference to our client offerings.”
Founded in 1998, the Alpari Group is one of the world’s fastest growing providers of online foreign exchange (“FOREX”, “FX”) trading services, with offices in ten countries. Locations include London, New York, Shanghai, Dubai, Moscow, Mumbai and Frankfurt, serving more than 150 countries. With over 400 employees worldwide, more than 330,000 customer accounts and monthly Forex trading volumes in excess of $147 billion, * the Alpari Group is one of the market leaders in Forex.
Alpari (UK) has global headquarters located in the heart of the City of London. Alpari (UK) is an award winning FX broker with offices in Germany, China, India and the UAE. Alpari (UK) Limited is authorised and regulated by the Financial Services Authority. FSA Register number 448002. Company No. 05284142.
Alpari (US) was established in 2006. The company is based on Wall Street, in the financial district of New York City, where it is dually registered by the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer (RFED) and has been a member of the National Futures Association (NFA) since 2007, member ID: 0379678.
Trading foreign exchange, commodity futures, options, precious metals and other over-the-counter products carries a high level of risk and may not be suitable for all investors. For more information about the Forex industry and the regulatory protections offered to those who trade within it, please visit the Financial Services Authority (FSA), Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) websites at http://www.fsa.gov.uk, http://www.cftc.gov and http://www.nfa.futures.org
*May 2010
