FXEmpire Shakes Up Executive Management, Taps New CEO

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 financial markets news portal, FXEmpire has announced a series of shakeups in its executive management, with Eran Tal becoming its newest Chairman and Itay Rand assuming the role of Chief Executive Officer (CEO), sources have confirmed to Finance Magnates.

In their new respective roles, Mr. Tal will help steer the company, following a two-year stint as its CEO. Alternatively, the promotion of Mr. Tal has opened the door for Itay Rand, who joins FXEmpire as its CEO, replacing Mr. Tal.

Mr. Tal joined FXEmpire back in 2013 – his prior stops have included a variety of executive level roles at several ventures, dating back to 2007. Alternatively, Mr. Rand joins FXEmpire after working in a number of consulting and advisory level roles over the past five years.

According to Mr. Rand, FXEmpire’s CEO, in a recent statement to Finance Magnates, "I am excited at the opportunity to lead FXEmpire during this challenging period. I trust that together with its exceptional team, we will bring FXEmpire to new heights."

FX Empire is a financial media portal that offers news and analysis for professional traders and introductory traders. The site covers such instruments and markets as stocks, currency pairs, commodities, indices, bonds, exchange-traded-funds (ETFs) and binary options.