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New Appointments Bring Unique Global Insight

25/05/10 @ 17:28 GMT

FxPro Financial Services Ltd (FxPro), a leading global retail broker in FX and CFDs, has today announced the appointments of Michael Derks as Chief Strategist and Simon Smith as Chief Economist.

FxPro Financial Services Ltd (FxPro), a leading global retail broker in FX and CFDs, has today announced the appointments of Michael Derks as Chief Strategist and Simon Smith as Chief Economist. These two appointments will bring a unique global perspective to FxPro and offer clients enhanced insight and analysis of the world’s markets.

Michael Derks joins FxPro with 27 years experience as a multi-discipline investment and market strategist and economist. Prior to joining FxPro, Michael was the Chief Investment Strategist at Arch Group (an investment management boutique), and Global Head of Fixed Income and FX Strategy at Commonwealth Bank of Australia in London. Michael has also held Senior Market Strategist and Economist roles at both Nomura International and at Deutsche Bank and has considerable experience across institutional, family office, ultra high net worth, high net worth and retail investors.

An accomplished economist and financial market strategist, Simon Smith joins FxPro as Chief Economist from Thomson Reuters where he was responsible for building a cross-market analysis capability for new product development. He has over 17 years experience as an economist and global financial market strategist acquired as Chief Economist and Strategist at Weavering Capital Ltd, as head of Fixed Income at 4Cast Ltd and at MMS International as the Managing Analyst for European Fixed Income.

Panagiotis Xydas, Chief Executive Officer of FxPro commented, “FxPro is delighted to have two such experienced market experts joining our team at a time of exciting growth for our business. These senior and high calibre appointments demonstrate FxPro’s intent to develop its research and investment capabilities. The fast moving nature of FX markets coupled with the 24/5 trading capabilities of the FxPro platform means it is essential that we equip our globally diverse trader base with the best information possible to make informed investment decisions.”

The platform can be accessed at: www.FxPro.com.www.fxpro.com

Notes to Media

For further information, please contact:
James Marshall
Head of PR and Communications
FxPro
Tel: +44 (0) 207 776 9721
Email: j.marshall@fxpro.com

About FxPro
FxPro is an award-winning forex broker providing retail and institutional offerings to clients in 150 countries. FxPro offers trading access through a range of platforms including the innovative ECN platform – FxPro cTrader - supported by industry-leading market news and outstanding levels of customer support 24 hours a day. FxPro’s goal is to be the world’s preferred forex broker and it has become the first choice for forex traders needing user-friendly market access and superior trading infrastructure.

With offices in the United Kingdom, Austria, Cyprus, France, Russia and Spain, FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission, under licence number 078/07, and operates under the EU Markets in Financial Instruments Directive (MiFID).

In Australia, FxPro Australia Pty Ltd (ABN 68 143 740 603) is authorised and regulated by the Australian Securities and Investment Commission (ASIC), license number 405750. Registered address Suite 306, 15 Lime Street, Sydney NSW 2000.

FxPro UK Limited is authorised and regulated in the United Kingdom by the Financial Services Authority (FSA), registration number 509956. Registered address 13/14 Basinghall Street, London, EC2V 5BQ.

For further information, please visit www.fxpro.com.