IBFX Australia Pty Ltd Debuts Award-Winning Forex Offerings
By Ibfx Holdings Llc, PRNESaturday, October 23, 2010
SYDNEY, October 24, 2010 - IBFX Holdings LLC, parent company of leading U.S. forex broker Interbank
FX LLC, celebrates today the launch of its Australian subsidiary office, IBFX
Australia Pty Ltd. Licensed with the Australian Securities and Investments
Commission (ASIC), IBFX Australia offers comprehensive services for retail
and institutional customers and will accommodate the expanding forex
operations for the Pacific Rim.
"I am thrilled to launch our presence in Australia, furthering our global
expansion," said Alex Douglas, General Manager for IBFX Australia. "The
Australian forex market continues to grow, with the Australian dollar
increasing its share of all foreign exchange transactions to 7.6% over the
last three years and remaining one of the 10 most actively traded
currencies.* We look forward to delivering our world class technology
solutions and exemplary customer services to meet the needs of traders in
this growing market."
Located in the heart of downtown Sydney, IBFX Australia plans to follow
in the footsteps of its sister company, providing transaction transparency
and improving industry standards for foreign exchange.
"We bring with us to Australia our transparent business model and focus
on customer care, something we feel sets us apart from competitors," said
Todd Crosland, chairman and president of Interbank FX LLC. "We're here to
provide the best possible trading experience for our customers. That's how we
want to do business. That's our culture. That's our technology."
IBFX Australia executives will host a night with IBFX on October 29 at
the Watershed Hotel, Darling Harbour, inviting customers, potential customers
and media a glimpse into IBFX Australia offerings. In addition, IBFX
Australia will be participating in this year's Trading & Investing Expo held
at the Sydney Convention & Exhibition Centre, October 29-30.
For more information about IBFX Australia Pty Ltd, please visit
www.ibfx.com.au.
* BIS Triennial Central Bank Survey of Foreign Exchange and OTC
Derivatives Market Activity in April 2010 - Preliminary global results (1
September 2010)
About IBFX Australia Pty Ltd
Headquartered in the heart of Sydney Australia, IBFX Australia is proud
part of the Interbank FX group of companies which is owned by IBFX Holdings
LLC and includes: Interbank FX LLC, Interbank FX UK Ltd and IBFX Australia
Pty Ltd.
The Interbank FX group of companies provides online forex trading
services, offering individual traders, money managers and institutional
customers proprietary technology, tools and education to trade spot foreign
currency online. IBFX Australia distinguishes itself among industry leaders
with its unique multi bank liquidity feed, proprietary tools and services,
and remarkable focus on customer care.
Trading in the off-exchange retail foreign currency market is one of the
riskiest forms of investment available. Full risk disclaimer can be found
here: www.ibfx.com.au/Legal/RiskWarning.
PR Contact: Abigail DeGraff, Interbank FX, Abigail.degraff at ibfx.com , T: +1-801-930-6833.
Tags: australia, Ibfx Holdings Llc, October 24, Sydney