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Alpari Appoints Mushegh Tovmasyan as Global Head of Sales

(NEW YORK, December 1, 2010) – The Alpari group (“Alpari”), one of the world’s fastest growing providers of online foreign exchange trading services, today announced the appointment of Mushegh Tovmasyan as Global Head of Sales, based in London.

Mushegh’s primary role is to oversee and develop Alpari’s sales teams and operations in the UK, US, Germany, India and other emerging economies. Additionally, Mushegh has assumed responsibilities for driving new business developments to contribute to Alpari’s global expansion plans. Mushegh will be instrumental in introducing new platforms and trading products for Alpari’s retail solutions in all asset classes.

Daniel Skowronski, CEO of Alpari (US), says, “When I started at Alpari it was my plan to hire individuals that could enhance Alpari’s reputation and contribute to the growing success of the company. I am confident that Mushegh, with his extensive experience with technology and proven vision for upcoming trends in the industry, will be a valuable addition to our team.”

 Mushegh brings with him over seven years of experience and specialization in financial institutions throughout the world. He joins most recently from Divisa Capital Group, where he managed the boutique prime brokerage and white-label technology divisions. His expertise caters to investors in FX, Precious Metals and Equities with an emphasis on client acquisition, corporate communications and partnership development.

To learn more about Alpari’s recent hires and current initiatives, please visit www.alpari.com.

About Alpari

 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 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



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Trading foreign exchange, commodity futures, options, and other on-exchange and over-the-counter products carries a high level of risk and may not be suitable for all investors.