Accolades continue to mount as company celebrates yet another record-breaking year
Salt Lake City, November 6, 2008 — Interbank FX (IBFX.com), a worldwide provider of online off-exchange retail foreign currency (Forex/FX) trading, today announced it was named Best Online Broker at the 2008 Middle East Money Summit Awards. The company was recognized at a gala dinner event at Dubai's renowned Jumeirah Beach Hotel on Thursday, October 30th, before an audience of hundreds of financial industry professionals.
"As the Middle East continues rapidly evolving into a major financial hub rivaling even New York and London, the demands of an ever increasing number of wealthy private investors is intrinsically growing as well," said IBFX Chairman and President Todd Crosland. "We were delighted to have a presence at the debut of the Dubai Middle East Money Summit 2008 and were honored to take home this award for Best Online Broker. It is a testament to the efforts we are making to grow our business in that region of the world."
The Money Summit Awards celebrate the highest achievements across the financial services realm, according to Katia Tayar, Founder and CEO of Arabcom Group—the company responsible for organizing the event. The categories for 2008 were specifically created to recognize the wealth of ingenuity and creativity from all corners of the global financial industry, and included Best Website, Best Financial News Provider and Best Trading Platform.
"These awards have been designed to be completely transparent and allow the [financial] industry to judge itself and celebrate the huge growth it has witnessed over the past year," said Tayar. "Acknowledgement of product success is critical in ensuring continued innovation and expansion." Winners at this year's event were chosen based on results from an online customer survey as well as an international jury comprised of members from the financial news industry.
"The Middle East Money Summit Awards provide a benchmark on which financial industry players measure their level of success," said Crosland, "and we are indeed grateful to the online voting participants and jury members for their acknowledgement of our hard work and dedication to our customers around the globe."
About the Middle East Money Summit
The Middle East Money Summit focuses on uniting the Middle East investment community, providing alternative investment opportunities, products and solutions, as well as a platform of interaction, as the purchasing power and liquidity of the market is very high and investment opportunities are soaring.
The two-day conference attracts speakers from across the industry on a range of investment strategies and products including CFDs, stocks, future, equities, commodities, bonds, Forex, alternatives, options and more.
About Interbank FX
Headquartered in Salt Lake City, UT, Interbank FX, LLC (IBFX.com) is a leading provider of online forex 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.