Winds of change at fxstreet - the CEO steps down to drive change at the company

fxstreet is one of the largest portals 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 market and was established a little over 10 years ago. In the past few years however it suffered from increased competitive landscape (similar to same trend with more established brokers) and did not grow as fast as expected.

Francesc Riverola headed the company since inception however in the past few years the executive team has gradually delegated more power to the future management and now Francesc announced plans to withdraw and transfer the CEO seat to someone fresh as he considers the company to be ready for that. Carolina May, the former head of Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term at the company, will now be taking over and managing the company from Argentina. Francesc and his two founding partners will be stepping down from their executive roles and taking board roles. Francesc will become President of the company and will continue representing the company. His focus will be on new, non core, projects such as the FXstreet's social network site (forexstreet.net) and other projects we should soon hear about.

It will be interesting how this affects the company's growth going forward, certainly since this market is mainly marketing driven it makes sense for someone marketing oriented to take over the CEO seat.