Interbank FX Named As a Finalist in 4th Annual Stevie Awards for Women in Business

Tuesday, November 6, 2007 - 11:20 pm -- Abigail Degraff

American Business Awards

Company recognized nationally in two categories for its online University and management team

Salt Lake City, November 7, 2007 – Interbank FX (IBFX.com), an off-exchange retail foreign currency (forex) broker, announced today it is finalist in the 4th Annual Stevie Awards for Women in Business.

The company has been recognized in two different categories:

  • Web Site of the Year, IBFX U
  • Best Executive, Marilyn McDonald

"Being named a finalist in The American Business Awards is an important achievement," said Michael Gallagher, founder and president of The Stevie Awards. "It means that independent business executives have agreed the nominee is worthy of national recognition. We congratulate all the finalists on their achievement and wish them well in the competition."

More than 800 entries from companies of all sizes and in virtually every industry were submitted for consideration in over 40 categories. Companies as diverse as Dow Jones, Dunkin Donuts and Motorola are among those who are vying for Stevie Awards in the 4th Annual American Business Awards for Women.

The Stevie Awards for Women in Business honor women executives, entrepreneurs and their accomplishments. The Stevie Awards, also known as the American Business Awards, have been hailed as "the business world's own Oscars." (New York Post, April 27, 2005). Winners will be announced during a gala event at Caesars Palace in Las Vegas on Monday, November 12.

Nominated for Web Site of the Year, IBFX U (www.ibfxu.com) is a first for the forex industry. It is intended to give both novice and expert traders additional educational resources for trading at no cost. In an industry where forex training can cost hundreds or thousands of dollars, IBFX U currently offers these valuable learning resources free of charge. IBFX U covers everything from the basics of the forex market to technical and fundamental analysis and various trading strategies.

Marilyn McDonald, director of marketing at IBFX, has been nominated for best executive. As a key member of IBFX's management team, Marilyn has helped increase key customer accounts over 600 percent. Marilyn has been instrumental in several key strategic incentives for IBFX including the launch of an IBFX U and the company's online forum for its customers. She has also launched several key products including the IBFX GPS (www.ibfx.com/Tools/CPR/Default.aspx). She is also the author of Forex Simplified, Behind the Scenes of Currency Trading.

Finalists were chosen by business professionals worldwide during preliminary judging. Members of the Awards' Board of Distinguished Judges & Advisors and their staffs selected Stevie Award winners from among the Finalists during final judging.

"I'm extremely honored that the Stevie Awards have recognized our efforts at providing free educational tools for our customers and building a strong management team," said Todd Crosland, chairman of the board at IBFX. "I look forward to building on our success and continuing to grow our business throughout 2008."

About The Stevie Awards

Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, and The Stevie Awards for Women in Business, and the Selling Power Sales Excellence Awards. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.

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.