Islam Bin Saud Bin Abdul AzizJEDDAH – In a step aimed at expanding the Saudi trading market volume estimated at over SR10 trillion daily, Riyadh will host the first "Instructive Forum 2011 for Currency, Oil and Gold Markets" on Sept. 14-15 in Riyadh under the patronage of Prince Dr. Saif Al-Islam Bin Saud Bin Abdul Aziz. Saudi Arabia ranked first in a new statistical study of over 15 global brokerage companies in terms of investment volume between Arab traders, Nadine Rafei, senior financial analyst at Stayconnected, said, adding that over 40 percent of Arab investors in currency, oil and gold markets are Saudi citizens. "The Saudi market differs from the local equity market with its deep volume of liquidity which makes technical analysis a key tool for successful trading, especially since it operates 24 hours a day," Rafei said. During the forum, experts from global financial institutions and economists, led by the British company Alpari UK, will shed light on the methods and techniques used to read financial markets indicators. Moreover, attendants and participants will be offered the chance to engage in free educational courses, designed to educate investors about daily market fluctuations.
