Itzik Noy has just been elected as the new Chairman of the Trading Arenas Association in Israel, the body who represents the industry in the parliament and is part of Israel’s Chamber of Commerce. Mr. Noy has been elected for the role by the general assembly of the organization. The lobby group has been supportive of the recently approved Israeli regulation law.
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Mr. Noy will succeed Tal Zohar, who has left FXCM Israel this past October, having recently landed at IG Group in a new senior management role.
According to Mr. Noy in a recent statement on his appointment, “These are challenging times for the trading arenas. I intend to focus on changing the image and reputation of the trading arena field. Owing to the new regulation that was ratified recently, which the Association has supported and will assist in implementing, I am convinced that the public will trust again Forex trading.”