2011 IBTimes Trading Awards Released - HY Markets Named Best Forex Broker in the Middle-East

Global news leader International Business Times (IBTimes.com) announced the results of the 2011 IBTimes Trading Awards in New York City on May 31, 2011.

HY Markets, a London-based forex broker, won the Best Forex Broker in the Middle East Award.

This year, a total of 30 retail FX broker firms were honored from a pool of 140 brokers nominated by 6,400 traders in 82 countries in 6 languages. The IBTimes Trading Awards offer the most comprehensive quantitative and qualitative annual award available for the fast growing retail Forex markets.

The survey was conducted over 6 months from September 2010 and March 2011. All voting was carried out electronically via a secure, dedicated data collection website.

The IBTimes Trading  Awards fall into two major sections, one that recognizes brokers through quantitative measures (or relative market shares) and one through qualitative rankings (or client satisfaction) at the continent and country level.

Substantiating our position within the Middle East as the leading trading firm for online investors looking to invest into forex and CFD's on commodities and metals has always been one of our main priorities. Providing our clients in the Middle East with excellent service, local language support, increased news and content, tools, and a superior trading experience has always been a goal at HY Markets. We the feel that this award by IBTimes is a recognition or our long term commitment to the region. With over 30 years of operational history in the Middle East, Henyep Capital Markets has the longest track-record amongst its peers in the region and continues to provide an enhanced localized trading experience to its clients says Marios Chailis, Henyep Group Marketing Director.

The full results for the 2011 IBTimes Trading Awards can be viewed at the official awards website: www.ibtimesawards.com

About the IBTimes Trading Awards

The 2011 IBTimes Trading Awards identify the best financial service providers globally. The awards recognize excellence in the quality of the services they offer to traders and investors.

From 2010, readers of The International Business Times have been invited to vote on a range of attributes of the providers they use. The winners in each category are selected based on the votes and a judging panel of industry experts and independent research groups.

The IBTimes Trading Awards builds on the successes of last year's Awards, the 2010 FX Traders' Choice Awards. They were awarded based on the votes of IBTimes' readers collated by Forex DataSource, a Forex market research firm. The goal of the FX Traders' Choice Awards was to empower traders with reliable information and help them select reputable brokers, as traders decided the winners.

This year, the 2011 IBTimes Trading Awards continues to give public recognition to those brokers and financial service providers while increasing the scope of the awards to cover all major asset classes including Funds, ETFs, Stocks, Futures and Options. The awards also reflect The International Business Times' global identity and include votes on financial service providers from around the world that provide services in multiple languages.

About HY Markets

HY Markets is a leading online capital markets trading firm with its global headquarters in London.  It is authorized and regulated by the Financial Services Authority of the United Kingdom.  The Group has over 30 years of operational history and is the trading platform of choice for investors seeking fast and direct access to the world's capital markets.

This long-standing expertise and focus on state-of-the-art systems enables us allow our clients to trade forex, metals, commodities, indices and equities all from a single integrated account via multiple trading platforms including web-based, download, and mobile.  All trading services are complimented by professional account executives and around the clock client support.

HY Markets is a division of the Henyep Group, a global diversified conglomerate with business in financial services, property, education, and charity spanning 3 continents and 20 countries worldwide. The Henyep Group of companies are registered and authorized in world-leading jurisdictions including London, United Arab Emirates, and Hong Kong. This provides clients with the comfort and security of a global institution.