FXstreet.com Announces the Forex Person of the Year: Michael Greenberg

Michael Greenberg, Founder of Forex Magnates, has been named “Forex Person of the Year” 2011 by FXstreet.com. Forex Magnates is a specialized Forex news source and trading research firm.

Barcelona, Spain, January 30, 2012 --(PR.com)-- Michael Greenberg, Founder of Forex Magnates, has been named “Forex Person of the Year” by FXstreet.com, the independent Forex information website.

Forex Magnates is a specialized forex news source and trading research firm. Forex Magnates has been on the forefront of retail forex breaking news publishing since early 2009. Since Q1 2011 Forex Magnates publishes a quarterly retail forex report overviewing latest market trends, trading volumes and developments in various regions. The quarterly report is used by hundreds of forex brokers, banks, investment firms and others to gather the most accurate overview of the industry. The company also performs specialized ad-hoc research as required by clients in various branches of the financial industry.

Francesc Riverola, CEO of FXstreet.com, explained why Greenberg was chosen as the most distinguished figure in the FX market last year: “Forex Magnates work in 2011 has been outstanding, converting the site into the reference for Forex Industry news with a 60% growth in visits from previous year. Forex Magnates' biggest improvement of the year has been the launching of the quarterly report of the retail Forex industry. The product has become a hit and Michael Greenberg sold several hundreds of copies to the biggest brokers, banks and software firms. A two thumbs up work... no doubt about it.”

Michael Greenberg welcomed the news with surprise, "I'm extremely honoured and surprised to win this award. I think such awards are a great way for the large forex audience to become familiar with companies such as Forex Magnates. Forex Magnates doesn't cater only to forex brokers or providers but also to sophisticated Forex traders (representing about 50% of the traffic) who are looking for more detailed information about the market they operate in. Just being nominated is already an award by itself and everyone on the final nominees list deserve this award."

FXstreet.com team's idea by designating its own Forex Person of the Year is to pay tribute to a person or a team of people and a project that might not have been in the big headlines but that positively contributed to make the Forex world better, more respected and more transparent in 2011. This market is huge and full of professionals who work every day to make the business easier and better. The focus has been innovation and quality, and not necessarily going for the most famous names.

Before announcing the Forex Person of The Year, FXstreet.com issued a list of five finalists for this title. The other four candidates selected by the website's team were:

Bijoy Kar, Howard Friend, Ron William - MIG Bank Research Team:

Jeff Langin, Demme Wiggins, Meherban Faroogh - 1000 Pip Club

Alex and Pavel Rekun - Myfxbook

Rodolfo Festa Bianchet - Trade Interceptor

Notes to Editors

FXstreet.com was founded in January 2000. As its distinctive trademark, the website has always been proud of its unyielding commitment to provide objective and unbiased information and to enable its users to take better and more confident decisions. On the website, the real-time quotes, news, newsletters and interactive chats with experts from all over the world are among the most well-received contents. FXstreet.com has managed to gain the collaboration of the entire Forex industry, from professional individuals and small companies right up to Forex Brokers and Investment Banks. The website exists in English (www.fxstreet.com), Spanish (www.fxstreet.es) and 13 other languages.

In 2010, these FXstreet.com sites reached more than 108,000,000 pageviews. The English website garnered the most important part of the traffic with 86,274,051 pageviews and 5,759,383 absolute unique visitors.

FXstreet.com was short listed as “Best e-FX initiative of the year (vendor)” for the FX Week e-FX Awards 2010.

Connect with FXstreet.com:
Twitter: http://twitter.com/FXstreetUpdate
Facebook: http://www.facebook.com/FXstreet
CEO's blog: http://blogs.fxstreet.com/francesc/
Youtube Channel: http://www.youtube.com/fxstreet

Maud Gilson
+34 93 3040495