IBFX Holdings LLC Continues Global Expansion With Australian Company

* Reuters is not responsible for the content in this press release.

Tue Apr 6, 2010 8:00am EDT

  SALT LAKE CITY, UT, Apr 06 (MARKET WIRE) -- 
IBFX Holdings LLC, parent company of leading U.S. off-exchange retail
foreign currency (Forex/FX) broker Interbank FX LLC, announced today the
plans to open a Sydney based company aimed to accommodate the retail
trader within the Australian continent and neighboring countries. 

    IBFX Australia Pty. Ltd. has filed an application with the Australian
Securities & Investments Commission (ASIC), with hopes to begin offering
comprehensive services for retail and institutional customers.

    "We find it vital to provide the best possible trading experience for our
customers, and we've discovered the Australian marketplace to be an
essential area for expansion and development," said Todd Crosland,
Chairman and President of IBFX Holdings LLC. "In addition, our ASIC
registration will provide brokers with the ability to hold customer funds
in segregated margin accounts." 

    IBFX Australia Pty. Ltd. plans to provide a complete portfolio of
services to better serve European customers, including proprietary Forex
trading tools, sophisticated IT solutions and Multi-bank Liquidity Feed
pricing. 

    "We believe Australian traders will be drawn to the flexibility and
volatility of the Forex market, and we are pleased to become part of this
dynamic marketplace," said Crosland. "We bring with us to Australia our
transparent business model and focus on customer care, something we feel
sets us apart from competitors." 

    As the popularity of Forex trading rapidly grows around the world, IBFX
Holdings LLC recognizes the need for increasing levels of access and
technology. Interbank FX UK, Ltd., a sister company of Interbank FX LLC,
is currently under review with the FSA and is hopeful we will be opening
our doors soon. 

    About IBFX Holdings LLC
 Headquartered in Salt Lake City, UT, USA, IBFX
Holdings LLC is the parent of the Interbank FX group of companies;
including Interbank FX LLC, Interbank FX UK Ltd. and IBFX Australia Pty.
Ltd. Interbank FX LLC is a provider of online Forex trading services,
offering individual traders, money managers and institutional customers
proprietary technology, tools and education to trade spot foreign
currency online. Interbank FX LLC has distinguished itself among industry
leaders with its unique multi bank liquidity feed, proprietary tools and
services, and remarkable focus on customer care. Serving more than 35,000
clients from more than 140 countries around the world, Interbank FX LLC
is regulated as a member of the National Futures Association and 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 investment available. Full risk disclaimer can be found
here: http://www.ibfx.com/legal/riskwarning.aspx.

    

PR Contact:
Abigail DeGraff
Interbank FX
Email Contact
(801) 930-6833 

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