FXstreet.com announces the Forex Person of the Year: Michael Greenberg

FXstreet.com reveals the name of the Forex Person of the Year as well as the list of finalists to the title.

Barcelona, January 27th, 2012 – Michael Greenberg, Founder of Forex Magnates, has been named “Forex Person of the Year” by FXstreet.com, the independent Forex information website.
Forex Magnates is a specialized forex news source and trading research firm. Forex Magnates has been on the forefront of retail forex breaking news publishing since early 2009.
Since Q1 2011 Forex Magnates publishes a quarterly retail forex report overviewing latest market trends, trading volumes and developments in various regions. The quarterly report is used by hundreds of forex brokers, banks, investment firms and others to gather the most accurate overview of the industry. The company also performs specialized ad-hoc research as required by clients in various branches of the financial industry.

Francesc Riverola, CEO of FXstreet.com, explained why Greenberg was chosen as the most distinguished figure in the FX market last year: “Forex Magnates work in 2011 has been outstanding, converting the site into the reference for Forex Industry news with a 60% growth in visits from previous year. Forex Magnates’ biggest improvement of the year has been the launching of the quarterly report of the retail Forex industry. The product has become a hit and Michael Greenberg sold several hundreds of copies to the biggest brokers, banks and software firms. A two thumbs up work… no doubt about it.”

Michael Greenberg welcomed the news with surprise “I’m extremely honoured and surprised to win this award. I think such awards are a great way for the large forex audience to become familiar with companies such as Forex Magnates. Forex Magnates doesn’t cater only to forex brokers or providers but also to sophisticated Forex traders (representing about 50% of the traffic) who are looking for more detailed information about the market they operate in. Just being nominated is already an award by itself and everyone on the final nominees list deserve this award.”

FXstreet.com team’s idea by designating its own Forex Person of the Year is to pay tribute to a person or a team of people and a project that might not have been in the big headlines but that
positively contributed to make the Forex world better, more respected and more transparent in 2011. This market is huge and full of professionals who work every day to make the business
easier and better. The focus has been innovation and quality, and not necessarily going for the most famous names.

Before announcing the Forex Person of The Year, FXstreet.com issued a list of five finalists for this title. The other four candidates selected by the website’s team were:

Bijoy Kar, Howard Friend, Ron William – MIG Bank Research Team:
“MIG bank has done a superb selection of industry professionals in building its Research Team which is comprised of holders of the coveted designations CFA, CMT and MSTA. They brought a wealth of financial market experience to MIG Bank’s clients and also to FXstreet.com’s visitors who are regularly delighted by presentations of the team members. Each presentation is a major breakthrough in analysis and trading techniques. Other research products developed by MIG Bank Research Team such as the Market Outlook reports and Trading Signals have also grown to a force to reckon with in the Forex industry. For all the efforts MIG Bank’s Research team has made to help the uneducated public in this rite of passage to the informed club, goes our nomination.”

Jeff Langin, Demme Wiggins, Meherban Faroogh – 1000 Pip Club:
“Becoming a successful Forex trader is a monumental task. 1000 Pip Club made it possible in an efficient and comprehensive way. First to highlight is a superb organization of the educational material: divided in two levels, Cadet and Pro, all required areas of knowledge are presented in a well choreographed balance. Second, vast areas such as technical and fundamental analysis are blended into practical intermarket studies, making of the student a jack in all techniques and a master in some. While the members area comprises 150+ hours of training videos, chart studies, articles, and definitions, what most impressed us was how well it has been organized. A firm belief in team philosophy, a mature and professional mindset and the commitment to the goal of personal improvement are those intangibles that make the FXstreet team nominate 1000 Pip Club.”

Alex and Pavel Rekun – Myfxbook
“Myfxbook is a Forex community and a free service for Forex traders enabling them to analyze their Forex trading account, share their trades, publish their statement, and more. It was opened to the public on August 1st, 2009 after being developed offline for almost 1 year. Although most start-up companies require initial funding to get things going, Alex Rekun and his brother Pavel decided to do it on their own in order to have complete control over Myfxbook. They started as 2 developers and are now 5 in total. After 2.5 years online, myfxBook is still experiencing a tremendous growth with an increase of +123.58% in pageviews between 2010 and 2011, +123.82% in Users Registrations, +163.52% in Trading Accounts. Those data confirms that myfxBook is in the right path and creating the tools traders are missing in the online Forex world.”

Rodolfo Festa Bianchet – Trade Interceptor
“Trade Interceptor is a multibroker platform. From a single interface, users can watch bid and ask prices and trade with several brokers simultaneously, test their strategies using various broker trading execution models, watch RFX Best proprietary aggregation feed, decide which broker better suits their trading needs, and easily manage multiple trading accounts. In February 2011- after 18 months of beta – the Live Trading on the platform was launched.
Trade Interceptor possesses the best mobile technology at the moment on IOS and Android (they have just released a kindle fire edition) and is in the first positions on iPhone/iPad app under Forex all over the world (for example first in japan for iPad).
The entire registration database is now made of more than 125.000 users. Between 2010 and 2011, the non expiring free registrations increased of 391%. The new free registration rate is averaging 9000/10,000 per month. There are around 2.5 million sessions per month with an average length of 13 minutes each. The future of Trade Interceptor is promising, and 2012 should be the year of consolidation of this impressive start.”

Notes to Editors

FXstreet.com was founded in January 2000. As its distinctive trademark, the website has always been proud of its unyielding commitment to provide objective and unbiased information and to enable its users to take better and more confident decisions. On the website, the real-time quotes, news, newsletters and interactive chats with experts from all over the world are among the most well-received contents.
FXstreet.com has managed to gain the collaboration of the entire Forex industry, from professional individuals and small companies right up to Forex Brokers and Investment Banks. The website exists in English (www.fxstreet.com), Spanish (www.fxstreet.es) and 13 other languages.
In 2011, these FXstreet.com sites reached more than 108,000,000 pageviews. The English website garnered the most important part of the traffic with 86,274,051 pageviews and 5,759,383 absolute unique visitors.
FXstreet.com was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

Connect with FXstreet.com:
Twitter: http://twitter.com/FXstreetUpdate
Facebook: http://www.facebook.com/FXstreet
CEO’s blog: http://blogs.fxstreet.com/francesc/
Youtube Channel: http://www.youtube.com/fxstreetcom

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