Alpari Group Appoints Former Currenex MD to Drive Global Expansion

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The Alpari Group (“Alpari”), one of the world’s fastest growing providers of online foreign exchange (“FOREX”, “FX”) trading services today announced the appointment of Daniel Skowronski,former Managing Director of Currenex.

Daniel Skowronski

I am delighted to welcome Daniel to the Alpari Group in this pivotal senior management role. Daniel's proven track record and wealth of expertise in the interbank and retail markets will be instrumental in revolutionizing our trading technology and accelerating the momentum of our ambitious growth plans.

The Alpari group (“Alpari”), one of the world’s fastest growing providers of online foreign exchange (“FOREX”, “FX”) trading services today announced the appointment of Daniel Skowronski, former Managing Director of Currenex, a leading ECN and technology provider.

Daniel will be joining the Alpari Executive Management team in the newly created role of Global Chief Commercial Officer as well as Alpari (US) Chief Executive Officer. He will be responsible for driving the company’s ambitious global expansion plans and spearheading major new technology initiatives to stimulate the position of Alpari in foreign investment markets worldwide.    

Daniel brings with him over 18 years of excellence in the Forex business market. As MD at Currenex, he was the driving force in developing and delivering key technological innovations for the company’s retail solutions.

Co-founder of the Alpari Group and CEO of Alpari (UK), Andrey Vedikhin, states “I am delighted to welcome Daniel to the Alpari Group in this pivotal senior management role. Daniel's proven track record and wealth of expertise in the interbank and retail markets will be instrumental in revolutionizing our trading technology and accelerating the momentum of our ambitious growth plans.”

Currently based in the New York office, Daniel plans to relocate to the Global Head office in London by the end of the summer.

For more information about Alpari worldwide services, please visit http://www.alpari.com.

About the Alpari Group:
Founded in Russia in 1998, the Alpari Group is one of the world’s fastest growing providers of online foreign exchange (“FOREX”, “FX”) trading services, with 29 offices in ten countries, including London, New York, Shanghai, Dubai, Moscow, Mumbai and Frankfurt, serving more than 150 countries. With trading volumes in excess of USD 147 billion, over 330,000 accounts and 400 employees worldwide,* the Alpari Group is one of the market leaders in Forex.

Alpari (UK) was established in 2004. The company is based in the heart of the City of London, where it is authorized and regulated by the Financial Services Authority (FSA) and clients are covered by the Financial Services Compensation Scheme (FSCS) subject to their status and the nature of their claim.

Alpari (US) was established in 2006. The company is based on Wall Street, in the financial district of New York City, where it is registered by the Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant (FCM) and is a member of the National Futures Association (NFA), Member ID: 0379678.

Forex and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.

*May 2010

Media information:

For UK media inquiries:
Julia Freedman
Alpari (UK) Ltd.
Tel: +44 (0)20 7426 2837    
Email: mediarelations(at)alpari(dot)co(dot)uk
Web site: http://www.alpari.co.uk

For US Media inquiries:
Caroline Andoscia
AndosciaCommunications
212.475.2122 o
917.207.4060 c
caroline(at)andosciacommunications(dot)com

Jaclyn Cole        
Alpari (US), LLC                        
(646) 825-5760                         
jaclyn.cole(at)alpari-us(dot)com
http://www.alpari-us.com

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Caroline Andoscia
AndosciaCommunications
212.475.2122
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Jaclyn Cole