MarketsPulse co-founder & VP Business Development Shay Hamama leaves the industry


After almost five years as VP Business Development at binary options platform technology provider MarketsPulse, Shay Hamama has left the company to join Australian e-commerce delivery company ParcelPoint, where he has been appointed Product Director in Sydney, Australia.

Mr. Hamama was a co-founder of MarketsPulse, and was instrumental in establishing key relationships with FX brokerages in Japan in order to provide shared wallet solutions which facilitated Japanese companies to provide binary options trading alongside their retail spot FX products, via a shared customer database.

Having described MarketsPulse as a ‘bootstrapped’ company, meaning a firm which operates via a self-sustaining process that is supposed to proceed without external input, Mr. Hamama was in charge of all commercial aspects in the company including worldwide business development, sales, marketing, and relations with strategic partners.

An extremely articulate and personable professional, Mr. Hamama established the relationship with the company’s first client, a brokerage firm from Japan, which signed in 2010 prior to the new Japanese regulations on binary options.

When the new regulations from the Financial Futures Association of Japan were invoked, Mr. Hamama worked closely with clients and MarketsPulse developers to bring to market a new solution which met the requirements of the Japanese market.

In addition to his strategic development in Japan, Mr. Hamama led the processes for penetrating other new markets worldwide including Australia, China, Indonesia, Vietnam, The Netherlands, Hong Kong, Singapore, and the UK.

Aside from his professional career, Mr. Hamama volunteers as Development and International Relations officer, raising funds for Games for Peace, which is a charitable organization with an ethos that peace can only be created by fostering dialogue between civil societies. Games for Peace is a non-profit organisation that aims to foster dialogue between Israeli and Palestinian youths through interactive computer games.

Before establishing MarketsPulse alongside CEO Rachely Esman in 2006, Mr. Hamama spent over five years in the Israel Defence Forces (IDF) as a GIS Programmer, before progressing to Development Team Leader in 2004.

Later that year, he was promoted to Head of Development for the IDF where he managed three developmental teams working on three different systems designed from the Home Front Command.

An extremely highly educated professional, Mr. Hamama has a series of academic qualifications.

Last year, he completed an Executive Program for Growing Companies at Stanford University Graduate School of Business in the United States, preceded by a Masters degree in Business Administration, Management and Operations at Israel’s esteemed Bar-Ilan University, graduating in 2010.

Mr. Hamama also obtained a Master of Science degree in Mathematics from Bar-Ilan University in 2007, preceded by a Batchelor of Science degree in Mathematics and Computer Science, from which he graduate two years early, at the age of 19.

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MarketsPulse co-founder & VP Business Development Shay Hamama leaves the industry

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