FXTM Recruits CNBC Analyst Hussein Al Sayed as its Chief Market Strategist

Online foreign exchange (FX) broker FXTM has secured Hussein Al Sayed, who joins the group as its newest Chief Market Strategist for the Gulf and Middle East region with immediate effect, according to an FXTM statement.

Mr. Al Sayed is one of the more visible figures in the world of finance in the Middle East, namely in regard to his experience as a financial analyst and host of CNBC Arabia’s Bursat Al Alam Show. In his new role as the Chief Market Strategist at FXTM, he will help expand the broker’s global focus and brand within both the Middle East and North Africa (MENA) and GCC regions. In addition, he will use his skillset to help provide trading and educational insights for FXTM’s global clientele.

While he is slated to become one of the paramount voices and figures of FXTM’s brand in the aforementioned region, he will also be retaining his role as the anchor of Bursat Al Alam for CNBC Arabia.

According to Jameel Ahmad, Vice President of Corporate Development and Chief Market Analyst at FXTM, in a recent statement on the appointment: “As one of the leaders in the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term industry, we consistently strive to build our team of internationally-recognised financial and market research experts in order to continue offering our clients top quality analysis.”

“As a company we are committed to providing excellent service, transparency and reliability and Hussein has exemplified these traits throughout his career. I am confident that he will make an excellent FXTM ambassador as we look to expand our footprint – and fulfill our potential – within the UAE and Gulf countries,” he added.

“In a short period of time, FXTM has become one of the market leaders within the industry; with a drive for excellence, transparency and credibility at the core of the company’s ethos. Joining FXTM is a natural choice for me because of the sheer quality of the award-winning market research team and the company’s commitment to providing the most expert analysis to the global investment community. Timely insights into what economic events really mean to traders are what the forex markets need on a daily basis, and I look forward to my new role immensely,” reiterated Mr. Al Sayed in an accompanying statement.

Late last month, FXTM made headlines after it launched a new Shares Account program, its specified account for share contracts-for-difference (CFD) traders interested in fostering a direct connection to several US exchange venues and a diverse share suite. The new account was designed to help customize CFD traders’ portfolio capabilities whilst streamlining them with connectivity to the New York Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (NYSE) and NASDAQ, along with a robust suite of indices and shares.