FXCM Appoints Yousef Malek Shamoun As Managing Director For Middle Eastern Operations

FXCM has today announced the appointment of Yousef Malek Shamoun to the position of Managing Director of the company's Middle East Referring Broker division.

Mr. Shamoun joins FXCM following an 8 year tenure at FX Solutions, where he held the position of Managing Director for the Middle Eastern region until earlier this year, having maintained responsibility for the firm's Middle East operations under the ownership of parent company City Index.

Upon the appointment of Mr. Shamoun, Drew Niv, CEO of FXCM made a corporate statement that, “The Middle East is a fast-growing region in retail FX, and an area where we are looking to grow our Referring Broker relationships.”

“Yousef will be instrumental in enhancing and expanding FXCM’s offering throughout the region," concluded Mr. Niv.