FOREX NEW YORK COMPANIES

LONDON--(BUSINESS WIRE)--

The Alpari companies, a leading association of global providers of online foreign exchange ("Forex", "FX") trading services and the title sponsor of the Alpari World Match Racing Tour (AWMRT), are encouraging sailors to compete in a new activity – Forex trading. The Alpari Skipper Trading Challenge, a demo Forex trading contest open to the nine tour card holding skippers competing in the AWMRT, will allow sailing fans worldwide to follow their sporting heroes as they compete in the global Forex markets.

The nine skippers, along with a little help from their teammates, will compete until Match Race France, Marseille, where the trading contest finale will take place on 26^{September. Each skipper will be equipped with a demo account on the popular MetaTrader 4 platform and given a whopping half a million pounds in virtual money to trade with. The winners will be determined by their account profit, or loss, at the end of the trading period. As on the water, competition will be fierce as the skippers and their teammates go head-to-head for a coveted TAG Heuer Aquaracer watch.}

The Alpari Skipper Trading Challenge provides the perfect opportunity for Match Racers to demonstrate many of their sailing skills in a new way. The ability to identify opportunities, calculate risk and react with lightening speed will stand them all in good stead as they learn to navigate the Forex markets over the coming months.

James Hughes, Chief Market Analyst at Alpari (UK), said, “Match racing and Forex trading require a very similar skill set – both take dedication and the ability to balance information with instinct to form an optimum strategy. We hope the Alpari Skipper Trading Contest will help both sailors and sailing fans get better acquainted with the world of Forex trading and the opportunities this global USD4 trillion a day market has. We’ll be helping them out along the way with additional market analysis and educational tools!”

Record-holding four-time AWMRT champion Peter Gilmour commented, “The Alpari Skipper Trading Challenge will be a great opportunity to compete against the other tour card holding skippers onshore and in a completely new environment. I have been a follower of the financial markets for a number of years and I am looking forward to applying my existing knowledge and strategy skills to this new challenge. Let’s place some trades!”

Find out more about the Alpari Skipper Trading Challenge and our sponsorship of the AWMRT here.

-Ends-

Notes to editors:

2012 Alpari World Match Racing Tour calendar:

		Date		Event		Location
1		May 23 – 28		Match Race Germany		Langenargen, Germany
2		May 29 – June 3		Korea Match Cup		Gyeonggi, Korea
3		July 2 – 7		Match Cup Sweden		Marstrand, Sweden
4		July 10 – 15		Chicago Match Cup		Chicago, USA
5		Aug 28 – Sep 2		St. Moritz Match Race		St. Moritz, Switzerland
6		Sep 24 – 29		Match Race France		Marseille, France
7		Oct 1 – 7		Argo Group Gold Cup		Hamilton, Bermuda
8		Dec 4 – 9		Monsoon Cup		K.Terengganu, Malaysia

About Alpari:

With a history dating back to 1998, the Alpari companies are among the world's fastest growing providers of online Forex trading services. The companies provide cutting edge technology, low-cost trading, comprehensive market research tools, advanced educational programmes and world-class customer service.

The group of Alpari companies has offices in over 20 countries. Locations include London, New York, Tokyo, Shanghai, Dubai, Moscow, Mumbai and Frankfurt. Combined, the companies look after over 170,000 active trading accounts, generating monthly trading volumes in excess of USD210 billion and employ over 630 people worldwide.*

About Alpari (UK):

Alpari (UK) Limited is an independent entity within the group of Alpari companies. The company is a leading global foreign exchange ("FX", "Forex"), precious metals and CFD broker headquartered in the heart of the City of London and with subsidiaries in Germany, Japan and India as well as a Representative Office in China. In the UK, clients can also benefit from tax free** financial spread betting with Alpari (UK). The company is authorised and regulated by the Financial Services Authority (FSA) in the United Kingdom. FSA Register number 448002. Company number 05284142. Registered office: 201 Bishopsgate, London, EC2M 3AB, United Kingdom.

*May 2011.

**Any profits you make from spread betting are completely free of capital gains tax, stamp duty and income tax (for UK residents). UK tax laws are subject to change and individual circumstances may vary. Financial spread betting is only available in the UK.

About the Alpari World Match Racing Tour:

The Alpari World Match Racing Tour (WMRT) is the leading professional sailing series featuring eight World Championship events across the globe, sanctioned by the International Sailing Federation (ISAF) with “Special Event” status.

The World Tour awards over USD1.75 million in prize money with points awarded at each event culminating in the crowning of the “ISAF Match Racing World Champion”. The prize fund includes a USD500,000 overall prize pool for the top nine teams in the championship.

Events take place in identically supplied racing yachts to place the focus on team work and skill. Racing takes place close to the shore for the general public to follow the races as virtual on-the-water stadiums.

Media and television highlights coverage reaches in excess of 183 countries around the world. for more information, visit www.wmrt.com

Forex, spread bets 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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50361561&lang=en

MULTIMEDIA AVAILABLE:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50361561&lang=en