(MENAFN - Arab News) The first UAE FX Trading Championship will be held at InterContinental Hotel in Festival City from Sept. 11.
The two-day event seeks to strengthen the country's market analysis and trading strategies. The event follows the success of the two editions of the Saudi Money Expo and Conference and complements a recent industry report that ranks the UAE as number one in investment diversification between Arab traders, particularly since over 42 percent of UAE investors have direct or indirect investments interest in currency, oil or gold markets.
The event is being organized by stay-connected in partnership with Alawsat for Economic Consultants for Prince Saif Al-Islam. The 1st UAE FX Trading Championship is expected to attract the participation of leading companies from the Gulf region, global financial institutions and economists from more than 10 European and American countries.
A total of 1,000 traders from the UAE are expected to take part in the live trading competition, battling it out to win the title of Best UAE FX Trader 2012. Participants will also be given the opportunity to meet with top officials from leading foreign companies and learn from their expertise and experience while also discussing the latest trading technologies. In fact, Alpari UK, a leading British company, will shed light on the methods and techniques used to read financial market indicators. In addition, the event will also showcase free educational courses that have been designed to educate investors about daily market fluctuations.
"These are very exciting times for the global trading markets and the UAE in particular, represents the face of the future of investment and trading - bright and bursting with potential and opportunities," said Walid Ead, director, stay-connected.
"During this engaging two-day event, participants will not only be able to test their skills in trading, but will also be able to interact face-to-face with the world's leading analysts to discuss the latest trends in the global market."