CAPEX.com names Fadi Reyad as MENA market analyst

abdelaziz Fathi

Multi-licensed broker CAPEX.com has appointed Fadi Reyad to the role of market analyst for the MENA region.

In his new role at CAPEX.com, he will help focus on augmenting the broker’s market information capabilities, specifically in relation to clients, while also generating a diverse blend of market reports, updates, and analyses for the company’s overall clientele. Moreover, he will also oversee market analysis and research for retail and institutional clients as well as financial media outlets.

Fadi has spent the multitude of his career as asset manager, consultant, and premier researcher. He also has experience in the field of financial services, construction, and real estate.

Madalina Rotaru, Senior Executive Officer of CAPEX.com MENA, commented on the new hire: “We are delighted to be welcoming Fadi Reyad to our team and believe that through his longstanding industry experience and deep knowledge of the financial markets he will add great value to our clients and employees.”

She continued: “This new hire falls in line with our ongoing efforts to broaden and cement our existence within the Middle East and reinforce a safe investment culture. We believe in empowering our clients by providing them with all-inclusive market analysis and educational trading academy at all levels.”

Fadi Reyad added: “I’m very pleased to be joining the CAPEX.com team as their Market Analyst representing the MENA region. I believe that my diverse industry experience has helped me develop a strong foundation in financial analysis that will help our clients in their process of making more informed investment decisions.”

CAPEX announces operational and regulatory milestones

The new hire comes shortly after CAPEX.com strengthened its Mena operations with the appointment of Abdelhadi Laabi as its new chief marketing officer for the region.

Backed with more than a decade of prolific experience in marketing and branding, Abdelhadi’s expertise spans across the FMGC, hospitality, and finance industries.

The CAPEX.com brand, which received its first license in 2016, is currently providing services across Europe, the Middle East, South Africa, Latin America, and South-East Asia. The company’s regulatory catalogue encompasses licenses from the Cyprus Securities and Exchange Commission, Abu Dhabi Global Market Financial Services Regulatory Authority, and the Financial Sector Conduct Authority in South Africa.

With over 2000 tradeable instruments, the broker is preparing to expand its multi-asset offering by including DeFi and blockchain-based services. CAPEX.com also launched a new product called StoX, which bundles a no-commission trading product with unleveraged fractional CFDs on shares of top US companies.

These operational and regulatory milestones come on the heels of closing a $21 million funding round back in June 2021. CAPEX.com also made headlines last year when it signed a multi-season sponsorship deal with the Italian football giant, Juventus.

 

Read this next

Digital Assets

BlackRock digs further into crypto with metaverse ETF

BlackRock, the world’s largest asset manager with almost $10 trillion in AUM, is set to launch a new metaverse ETF to help investors securely monetize on the booming immersive version of the internet.

Digital Assets

Binance wins license in New Zealand as rival Huobi shutters derivatives

Binance, the world’s largest crypto exchange by traded volume, has obtained licenses to operate in New Zealand, even after rival Huobi shutdown derivatives trading last month due to concerns about regulations.

Retail FX

Hong Kong busts perpetrators of ‘ramp and dump’ scam

Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has charged thirteen suspects of market manipulation in a joint operation with the local police.

Institutional FX

TradingView integrates market data from German Tradegate exchange

TradingView announced that it ‎has increased data coverage to allow its users to receive information from ‎and get free access to the intra-day and tick data from Tradegate Exchange.

Retail FX

Spotware Systems introduces Custom Push Notifications for cTrader mobile apps

Spotware Systems, a technology provider for the electronic trading industry, is introducing a new push notification feature to alert mobile users of price swings and market fluctuations through their cTrader app.

Market News

The Week Ahead: 30 September from David Madden, Market Analyst at Equiti Group

Sterling dominated the headlines last week, as there were concerns the UK government might struggle to service its debt.

Inside View

How does the quality of signal providers affect your business?

A must-have onboarding process for brokers with investment services like PAMM, MAM, or copy trading

Technology

DBS deploys Nasdaq Trade Surveillance

“The confidence that markets and our clients have in DBS as a safe and trusted banking group is anchored on our ability to detect and respond to anomalous activity, which in turn calls for a robust surveillance and prevention infrastructure.”

Industry News

SEC charges Justin Costello and David Ferraro for securities fraud and posing as billionaire veteran

The Securities and Exchange Commission charged Cannabis executive Justin Costello and David Ferraro, an associate of Costello’s, for promoting the stock of several microcap companies on social media without disclosing their own simultaneous stock sales as market prices rose.

<