SOURCE: Interbank FX

Interbank FX

August 26, 2010 17:00 ET

Interbank FX Named Fifth Fastest Growing Company in Utah

For the Third Year, Interbank FX's Steady Growth Is Recognized by Utah Business Magazine's Fast 50 Program

SALT LAKE CITY, UT--(Marketwire - August 26, 2010) - Interbank FX, a worldwide provider of online off-exchange retail foreign currency (forex) trading services, has been named the fifth fastest growing company by Utah Business magazine's Fast 50 awards program. Despite current economic conditions, Interbank FX has continued to see growth, generating $38.3 million in revenue with a trading volume of $342 billion in 2009.

"Achieving the number 5 spot in this year's Fast 50 program is a tremendous honor and is a tribute to our over 175 hard working employees, without whom none of this would be possible," said Todd Crosland, Chairman and President of Interbank FX. "We are committed to expanding our technology, trading services and tools -- continuing our momentum as we span the globe. We thank the Utah business community for recognizing our efforts."

Throughout 2010, Interbank FX's strong commitment to customers has allowed continued achievement. With customers in over 140 countries reaching a total of over 35,000 customer accounts, Interbank FX sustains and delivers transaction transparency through competitive spreads, 100% automated execution and smart routing to world money center banks. Future plans include opening its sister company, IBFX Australia beginning September 1, 2010.

"Utah Business magazine is proud to honor Interbank FX in the Fast 50 program, which honors Utah's fastest-growing and top revenue-generating companies. Interbank FX, which made the number five spot on the Fast 50 list, deserves recognition for the strength it brings to Utah's business community," says Sarah Ryther-Francom, managing editor of Utah Business magazine.

The Utah Fast 50 program was designed to recognize companies for their entrepreneurial spirit, innovative business tactics and skyrocketing revenue growth. Other quality contenders at this year's event included ZAGG, Inc. and Skullcandy, respectively.

To learn more about Interbank FX or to open a free forex demo account, visit www.IBFX.com.

About Interbank FX
Headquartered in Salt Lake City, UT, USA, Interbank FX is a global leader in the forex technology industry, providing transaction transparency and improving industry standards for foreign exchange. Interbank FX's forex trading services offer individual traders, money managers and institutional customer's proprietary technology, tools and education to trade spot foreign currency online.

Built by traders, for traders, Interbank FX 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 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.

Contact Information

  • PR Contact:
    Abigail DeGraff
    Interbank FX Public Relations
    801.930.6833
    Email Contact