Wael Makarem Joins Exness as Senior Market Strategist for MENA

The Global FX and CFDs broker, Exness announced on Monday the appointment of Wael Makarem as the Senior Market Strategist for the Middle East and North Africa (MENA) region.

He has already joined the role and is now responsible for representing the brokerage on both English and Arabic media platforms. Furthermore, he will host webinars and trading workshops across the MENA region and will conduct market analysis, according to the press release shared with Finance Magnates.

“As part of the rapidly expanding Exness team, l will support the firm’s strategy to strengthen its presence in the Middle East and support the substantial growth they have already achieved over the past few years,” Makarem said in a statement.

“Exness is an extremely customer-centric business, and as part of my role I will ensure all traders have the knowledge they need about the financial markets in order to make the best trading decisions possible.”

Strengthening the Team

Makarem has a decade of working experience in the industry. He joined Exness from rival ICM.com, where he spent almost four years as a Market Analyst. He entered the industry as a Trader for FXCM MENA and later moved to Credit Financier Invest (CFI) as a Market Analyst and Private Banker.

Exness MENA Director, Mohamad Ibrahim said: “With his long-standing experience in the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFD industry and his innovative approach to analyzing the financial markets, he will undoubtedly add great value for our traders and partners. In addition to this, he will enhance our brand presence in the MENA region and be an integral part of our global strategy to reach new markets.”

Meanwhile, Exness is on a hiring spree and filled several roles across its global offices. Most recently, Marko Jagustin joined the broker as the Head of Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Provision and Shlomi Dubish as the Head of External Communications. Other key appoints include Nabil Mattar and Damian Bunce as Head of Premier Account Management Operations and Chief Trading Officer, respectively.