Chief Global Strategist, Ashraf Laidi Parts Ways with City Index

Chief Global Strategist, Ashraf Laidi has parted ways with City Index, possibly foreshadowing things to come after its Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term 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.

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 Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) and macroeconomic issues, specifically entailing central banking policies and sovereign debt dynamics.

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.