CNBC Launches "Money in Motion Currency Trading"
Singapore, 11 March 2011 – CNBC, First in Business Worldwide, announced that CNBC’s “Money In Motion Currency Trading,” a new weekly half-hour program will join the network’s programming lineup beginning Saturday, March 12th airing Saturdays at 6:30AM (SIN/HK) and broadcasting live from the NASDAQ MarketSite studio in New York’s Times Square.
Hosted by CNBC’s Melissa Lee and sponsored by FXCM Inc (NYSE:FXCM) and FOREX.com, a division of GAIN Capital Holdings, Inc. (NYSE: GCAP), CNBC’s “Money in Motion Currency Trading” is your front row seat to the most liquid and leveraged market in the world. With $4 trillion changing hands daily, now more than ever before, currencies are emerging as the everyday investor’s weapon of choice in the battle to gain an edge.
CNBC’s “Money in Motion Currency Trading” will have a simultaneous global launch in CNBC in the U.S., CNBC Europe, Middle East and Africa and CNBC in Asia Pacific.*
Lee, will lead discussions with some of the biggest names in the world of currency trading: Rebecca Patterson, Managing Director & Global Head of Currencies and Commodities, J.P. Morgan Private Bank; Andrew B Busch, Global Currency and Public Policy Strategist, BMO Capital Markets; Todd Gordon, Co-Head of Research and Trading, Aspen Trading Group; and Dennis Gartman, author of The Gartman Letter.
"A program dedicated to currencies has never been more relevant," said Susan Krakower, CNBC's Senior Vice President Strategic Programming and Development. "CNBC is an investor-focused network and this program will teach viewers how to harness the power of the $4 trillion currency market."
"FXCM was thrilled to partner with CNBC to sponsor the new forex TV show. Bringing retail forex trading more mainstream especially in the United States is a focus for FXCM and with the help of a show like this on CNBC, it can be accomplished” said Drew Niv, CEO of FXCM. “As retail traders become more active in currency trading it only makes sense that they will be looking to the top business network to bring them relevant news, education and research.”
“The time is right for a program designed to educate self-directed traders about the currency markets and to provide them with actionable trading strategies,” said Glenn Stevens, CEO, GAIN Capital. “Forex as an asset class is becoming mainstream in the United States, and the fact that the program will also air in EMEA and Australia demonstrates the global appeal of this market among retail investors.”
Beginning Saturday, March 12th, CNBC's "Money in Motion Currency Trading" will air on Saturdays from 6:30AM-7:00AM SIN/HK. "Options Action" will move to 6AM - 6:30AM SIN/HK, pre-empting "Fast Money." CNBC's "Money in Motion Currency Trading" will repeat on Sundays at 6:30PM SIN/HK and Monday's at 7:30PM SIN/HK on CNBC. Showtimes for Asia, Australia, U.S and Europe are provided at the end of the release.
For more information about CNBC’s “Money In Motion Currency Trading,” including contributor bios and a daily currency blog, go to: http://moneyinmotion.cnbc.com.
CNBC’s Melissa Lee is the host of CNBC’s “Fast Money,” “Fast Money Halftime Report” and “Options Action.”
About CNBC in Asia Pacific
CNBC is the recognized world leader in business news, providing real-time financial market coverage and business information to more than 380 million households worldwide. In Asia Pacific, CNBC is distributed to over 70 million households and is uniquely positioned to speak to viewers from across the region. Headquartered in Singapore, the network provides nine hours of live Asia-produced programming every weekday, which is complemented with coverage of live market action from Europe and the US. CNBC Asia Pacific's channels, which include CNBC Asia, CNBC-TV18 (India), CNBC Awaaz (India), CNBC Pakistan, Nikkei-CNBC (Japan) and SBS-CNBC (South Korea) are available in more than 21 countries across the Asia Pacific region. CNBC also has a strategic alliance with Shanghai Media Group, which wholly owns a subsidiary, China Business Network and a collaboration with China Central Television (CCTV). In China CNBC reaches 400 million homes via CCTV’s Business Channel programme, Global Connection Show. The channels are distributed via satellite, cable and terrestrial broadcast networks, as well as through digital platforms.
For more information, please visit us at http://asia.cnbc.com