The 2nd Saudi Money Exhibition and Conference 2012 will be held May 2-3 at the InterContinental Hotel Jeddah. The exhibition will bring together some of the leading minds in banking and foreign exchange trading, shedding light on the present state of FX trading in the world and some of the most widely used trading strategies by experts. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against the investors. Before deciding to trade foreign exchange one should carefully consider his investment objectives, level of experience, and risk appetite. The seminar will shed light on risks associated with foreign exchange trading, and will provide advise in case of doubts. After the large success of the 1st Saudi Money Expo and Conference 2011 held in Riyadh, Jeddah aims at expanding the currencies trading market volume estimated at over SR10 trillion daily by hosting the second forum under the patronage of Prince Dr. Saif Al-Islam Bin Saud Bin Abdul Aziz. Organized by Stayconnected in cooperation with Al-Alwsat for Economic Consultants, the forum will witness the participation of leading companies from the Gulf region along with global financial institutions and economists from more than 15 European and American countries. Speaking about the forum's objectives, Khalid Kabbara, senior financial analyst at Stayconnected, said: "This forum represents an opportunity for the Saudi investor to attend presentations on the outlook of the major currencies and commodities offered by some of the world key analysts. In addition, investors will have to opportunity to meet with leading foreign companies and learn from their expertise and experience, reviewing the latest trading technologies and discussing ways of cooperation." Kabbara pointed to a new statistical study including over 15 global brokerage companies, in which Saudi Arabia was ranked first in terms of investment volume between Arab traders, particularly since over 40 percent of Arab investors in currency, oil and gold markets are Saudi citizens.
