Interbank FX just announced that its Australian subsidiary obtained an ASIC license and will shortly start operation in Australia. This signals what everybody knows by now – Australia is the next hot spot for retail forex.
SALT LAKE CITY, UT, USA—August 25, 2010— IBFX Holdings LLC, parent company of leading U.S. off-exchange retail foreign currency (forex) broker Interbank FX LLC, announced today the opening of its Australian subsidiary, IBFX Australia Pty. IBFX Australia Pty. Ltd. has obtained a license with the Australian Securities and Investments Commission (ASIC) and will offer comprehensive services for retail and institutional customers beginning September 1, 2010.
“I am eager and confident as we launch our Australian offering, furthering our global expansion,” said Todd Crosland, chairman and president of IBFX Holdings LLC. “Our ASIC registration will allow us to continue to deliver world class technology solutions and exemplary customer experience to retail traders worldwide.”
Located in the heart of downtown Sydney, IBFX Australia Pty. Ltd plans to follow in the footsteps of its sister company, providing transaction transparency and improving industry standards for foreign exchange.
“We bring with us to Australia our transparent business model and focus on customer care, something we feel sets us apart from competitors,” said Crosland. “As always, we find it vital to provide the best possible trading experience for our customers. That’s how we want do business. That’s our culture. That’s our technology.”
As the popularity of forex trading rapidly grows around the world, IBFX Holdings LLC recognizes the need for increasing levels of access and technology. For more information about IBFX Australia Pty. Ltd please visit www.ibfx.com.
About IBFX Holdings LLC
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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.