Salt Lake City, September 22, 2008 — Interbank FX (www.IBFX.com), a worldwide provider of online foreign currency (Forex/FX) trading, today announced the addition of nine new cross currency pairs to its unique multi-bank liquidity platform. This move rounds off the company's customer offering by providing access to the 28 most commonly traded currency pairs in the world.
"Forex trading is attractive to many investors because of the unparalleled freedom it offers," said IBFX Chairman and President, Todd Crosland. "By adding these new cross currency pairs to our platform, we hope to enhance our customers' overall trading experience by offering them more currency options and thus the freedom to trade on their own terms."
While many Forex traders commonly trade the "Majors"—currency pairs that include the Euro, U.S. Dollar, Japanese Yen, British Pound and Swiss Franc—an increasing number are demanding access to more of a variety of cross currency pairs. In response to this, IBFX has added pair options involving the Danish Krone, Czech Koruna, Polish Zloty, Singapore Dollar and South African Rand.
"We have always taken pride in our customer centric business model," Crosland stated. "In this case, our customers spoke and we listened. With the addition of these currency pairs, we believe that we have succeeded in firmly entrenching ourselves as a true industry player in the Forex realm."
To view IBFX's full offering of cross currency pairs or to open a free Forex practice account, visit www.IBFX.com.
IBFX was recently named the 46th fastest growing company in the U.S. overall and the fifth fastest growing company in the financial services sector in Inc. magazine's Inc. 500—an annual ranking of the fastest growing privately held companies in the United States.
About Interbank FX
Headquartered in Salt Lake City, UT, Interbank FX, LLC (IBFX.com) is a leading provider of online foreign exchange trading services, offering individual traders, fund managers and institutional customers proprietary technology and tools to trade spot foreign currency online.
Unlike other retail FX brokers, IBFX has distinguished itself as an industry leader with its proprietary tools and services and focus on customer care. This has led to numerous awards and industry accolades that IBFX has compiled. The recognition includes Best Online FX Provider, Best Foreign Exchange Broker, Best Chairman, Ernst and Young Entrepreneur of the Year, and Inc 500.
Interbank FX serves over 27,000 clients from more than 140 countries and supports trading volume in excess of US$70 billion per month. The company is regulated as a Forex Dealer Member by the National Futures Association and is also registered with the Commodity Futures Trading Commission as a Futures Commission Merchant. Trading in the off-exchange retail foreign currency market is one of the riskiest forms of investing and should only be attempted by experienced traders.