Michael Geiger Elevated to CEO of FOREX CLUB Group of Companies

FOREX CLUB has appointed veteran, Michael Geiger, as its Group of Companies Chief Executive Officer (CEO) and Chairman of the Management Board, according to a FOREX CLUB statement.

Back in early 2014, FOREX CLUB named Mr. Geiger as its Executive Vice President (VP). Additionally, he formerly held the role of CFO of FOREX CLUB Group of Companies, part of a tenure dating back to 2011.

In his new role as CEO, Mr. Geiger will help manage the Group of Companies, while bolstering FOREX CLUB’s market position and penetration capacity, namely through the fostering of its services suite. This includes the MetaTrader 4 (MT4) MetaTrader 4 (MT4) MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists MetaTrader 4 (MT4) functions as a comprehensive platform for trading foreign exchange (FX), analyzing financial markets, and using expert advisors. Despite the emergence and adoption of the newer MT5 variant, MT4 has remained the dominant and de-facto platform utilized by brokers since its release by MetaQuotes Software since 2005.MT4 is widely used in the online retail foreign exchange space by traders. The software is licensed to FXbrokers who provide the software to their clients and consists Read this Term) Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term and the proprietary trading and investment terminal LibertEx.

Following the move, Vyacheslav Taran, the former Group of Companies CEO and the Board of Directors, will retain his position as Chairman of the Board of Directors of FOREX CLUB Group of Companies. In this capacity he will continue to be deeply involved in FOREX CLUB’s strategic development moving forward.

Prior to joining FOREX CLUB, in 2011, Mr. Geiger held a number of senior roles at Ernst & Young and Geiger's GmbH, and other multinational corporations operating across a number of sectors, according to information made public on his LinkedIn profile.

According to Mr. Taran, Chairman of the Board of Directors of FOREX CLUB Group of Companies, in a recent statement on the appointment, “Michael Geiger has earned himself an excellent reputation as a result of his work as CFO and Executive Vice President of FOREX CLUB Group of Companies. Thanks to his experience and skills, the Company is now in good shape and ready for new challenges and achievements.”

“I am confident that relying on the professionalism and experience of FOREX CLUB’s team of managers, together we will be able to further strengthen the Company’s market position. Among the projects that will help us attain new heights I would like to mention our proprietary trading and investment terminal LibertEx that offers a possibility to invest in the most promising assets worldwide literally in just several clicks,” added Mr. Geiger in an accompanying statement.