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.
The three specialists are Boris Schlossberg, Senior Currency Analyst, Amro Abdu, Middle East Regional Manager and VP Institutional Sales Division and 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.
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.