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Alpari to Back International Chess Grandmaster Sergey Karjakin

Publication Date: August 24, 2012

Dear Clients,

Karjakin (Center) Speaks at the Press Conference

On August 23, 2012 a press conference was held in Moscow’s Holiday Inn dedicated to Alpari’s new venture with international chess grandmaster Sergey Karjakin.

Throughout most of the twentieth and twenty-first centuries, the world chess crown has resided in Russia or the Soviet Union. In 2007, reigning World Chess Champion Vladimir Kramnik of Russia relinquished the title to India’s Anand Viswanthan, who has held the crown ever since.

Sergey Karjakin, international grandmaster and 2012 world rapid chess champion, recently announced his intentions to bring the title of World Chess Champion back to Russia. Online trading company Alpari has offered to help the young grandmaster in his quest.

Karjakin Is Pleased to Finally Get a Helping Hand

"Chess players, as opposed to representatives from other sports, aren’t spoiled with serious financial support," Karjakin explained. "Becoming the world champion was my childhood dream and the reason I moved from Ukraine to Russia. The backing of a powerful financial company should give me the chance to strengthen my coaching staff, get some new technical equipment and bolster my position in the battle for the world crown."

Sergey Karjakin is a chess grandmaster and the reigning rapid chess champion of the world. He is listed in the "Guinness Book of Records" as the "youngest grandmaster in history", a title he earned at the age of 12 years and 211 days. Sergey is No. 5 in the FIDE World Rankings and No. 2 in Russia, trailing only Vladimir Kramnik. In July of 2011 Karjakin briefly overtook Kramnik in the FIDE ratings, becoming the highest-rated grandmaster in Russia.

"It isn’t just a coincidence that we have a sponsorship deal in the world of chess," said Gleb Petrov, Alpari’s first president and one of its founders. "Chess and trading have a lot in common: you need to be able to analyze the situation, draw the right conclusions, develop a strategy and keep your emotions in check. We have a lot of faith in Sergey’s analytical abilities. We hope he is able to return the chess crown to Russia."

Best Regards,
Alpari

Category: Awards and recognition

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