Who's Who in Forex: Drew Niv

Drew Niv, CEO of FXCM
Drew Niv, CEO of FXCM

Drew Niv is the CEO and co-founder of Forex Capital Markets (FXCM). Prior to co-founding FXCM, Niv served as Director of Marketing for MG Financial Group. In 1999, he left MG Financial to start FXCM where, through creative marketing initiatives, strategic alliances, and keen personnel decisions, he led the company in its first year to trading $250 million a month.

Why Do You Care?

As of September 2010, FXCM had more than 174,000 tradable accounts from over 180 countries, with an average of more than 6.7 million trades executed monthly and customer support provided in over a dozen languages.

At first appearance Drew Niv doesn't inspire images of Wall Street's Gordon Gekko, but he has managed to build a Forex trading empire through uncommon business savvy and an almost imperceptibly cool toughness. For the last dozen years, the currency trading business has been like the old wild west and Niv has taken FXCM from a fledgling startup to one of the industry's elite companies.

Now facing possible litigation due to accusations of irregularities prior to FXCM's December IPO, Drew Niv, once again, has to strap on his six shooters and go out to battle for his company. If his track record is any indication, I think Drew Niv will do just fine.
 
   Forexturtleon

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October 28. 2011 11:15

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