IBFXInterbank FX (foreign exchange)
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Under the terms of the agreement, TSGa[euro](tm)s unit TradeStation Technologies Inc has bought the proprietary risk-management software of Interbank FX LLC, one of IBFXa[euro](tm) operating subsidiaries, and immediately after that acquired IBFX from its members, it said.
Alex Douglas, Managing Director of IBFX Australia, said, 'The launch of gold and silver will be spot on in meeting the requirements of our international clients.
IBFX, one of the industry's leading global providers of online (http://www.
Trading in the Forex market is risky and it is important for our customers to be well informed about market relevant events as they occur across the globe," said Todd Crosland, CEO and President of IBFX in a press release.
Headquartered in Salt Lake City, Utah, USA, IBFX Holdings LLC is the parent of the Interbank FX group of companies, including Interbank FX LLC and Interbank FX UK Ltd.
Because of the strong relationship that exists between IBFX and our liquidity providers, banks have a stronger incentive to provide our platform with deep liquidity, meaning faster and simpler trade execution for our clients," says Crosland.
IBFX serves more than 35,000 clients from more than 140 countries around the world and has supported a trading volume in excess of US$80 billion in a single month.
This award is the result of the tireless efforts of the dedicated and hard-working members of the IBFX team who are all committed to making Interbank FX a global leader in Forex trading.
We have received a tremendous amount of recognition in the past year from various financial and trade publications but there's something to be said about being honored by our home state," said IBFX Chairman and President Todd Crosland.
Morgan proved particularly appealing to IBFX because of its strong reputation as a market leader in the global foreign exchange markets.
In addition to its most recent announcement, IBFX has also been recognized by a myriad of trade and mainstream financial media throughout 2008.
In response to this, IBFX has added pair options involving the Danish Krone, Czech Koruna, Polish Zloty, Singapore Dollar and South African Rand.