Chief Global Strategist, Ashraf Laidi Parts Ways with City Index

Mr. Laidi's four-year stint at City Index has ended, possibly portending some personnel movement at the recently acquired firm.

Chief Global Strategist, Ashraf Laidi has parted ways with City Index, possibly foreshadowing things to come after its acquisition by GAIN Capital (NYSE: GCAP) earlier this year.

GAIN Capital (NYSE: GCAP) officially acquired City Index back in March 2015, following the overwhelming support and subsequent approval from its shareholders, which formally facilitated the acquisition City Index.

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Mr. Laidi originally joined City Index in early 2012, having held the role of Chief Global Strategist for nearly four years. In this role he focused on foreign exchange (FX) and macroeconomic issues, specifically entailing central banking policies and sovereign debt dynamics.

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Prior to joining City Index, Mr. Laidi worked in a number of similar roles, including at CMC Markets as its Chief Market Strategist. Additional stops include MG Financial Group, the International Fund of Agricultural Development, First Federal Consulting and Reuters, dating back to 1995.

Mr. Laidi is also a decorated author, having written “Currency Trading & Intermarket Analysis: How to Profit from the Shifting Currents in Global Markets.” Currently he maintains his role of Founder and CEO of Intermarket Strategy Ltd, according to information made public on his Linkedin profile.

City Index Limited is an FX, CFD, and UK spread betting firm. It is now formally part of GAIN Capital, operating in Australia, China, Singapore, Eastern Europe and Israel.

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