Nicholas Stadel Joins Forest Park FX as Director of Sales and Marketing

Forest Park FX, a new CFTC registered Introducing Broker, announced that it has hired Nicholas Stadel as its Director of Sales and Marketing. (Forest Park FX is also one of the IBs that was selected for OANDA’s new partners program that was written about last week). Previous to Forest Park FX, Stadel had a similar position of Director of Sales and Marketing at Institutional Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and, before that, as a Sales Manager for GFT. According to Forest Park FX, “Nicholas will be responsible for managing the Firm's Grand Rapids, Michigan sales office as well as developing and overseeing all sales and marketing campaigns”.

Commenting on the new position, Stadel stated that, "I am extremely excited to be joining an introducing brokerage firm which truly seeks to add value and improve the trading experience and profitability of its clients. After spending years working for brokers at the expense of the client, I am eager to move to the other side of the table and utilize my knowledge as an advocate for the client."

Justin D. Hertzberg, Founder and CEO of Forest Park FX added "Nicholas's extensive knowledge of 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 markets and experience managing sales and marketing teams for global brokers made him a perfect fit for our Director of Sales and Marketing."