SOURCE: Interbank FX LLC

Interbank FX LLC

September 01, 2010 19:00 ET

Promising Growth Within IBFX Australia Pty Ltd. Prompts New Management Hire

SALT LAKE CITY, UT--(Marketwire - September 1, 2010) -  On the heels of the IBFX Holdings new office opening, IBFX Australia Pty. has recently announced the appointment of Alex Douglas to the company's growing management team. 

Douglas will spearhead the launch of our Australian office in the role of General Manager, bringing with him a wealth of market knowledge, marketing and business development skills which have been acquired during more than twenty years working in the financial markets in Australia and South East Asia.

"I am very pleased to welcome Alex to the IBFX family," said Todd Crosland, chairman and president of Interbank FX. "With more than two decades of industry experience in the global financial sector, he will fill a vital role here as we continue to grow our business throughout the world."

Douglas first plotted currency movements on hand-drawn charts in 1983. This opened the door to a career in the financial markets that has included being a foreign exchange voice broker with M.W. Marshall & Co and a trader in the pits of the Sydney Futures Exchange with BZW Futures. A role with MMS, the financial market research and analysis arm of Standard & Poor's, saw him transferred to Singapore in 1999. Here he took on the position of Global Head of FX Technical Analysis and co-founded the Technical Analysts Society of Singapore. This was later followed by roles as President of the Australian Professional Technical Analysts and board member of the global umbrella organization, the International Federation of Technical Analysts.

Since returning to Sydney, Douglas has acted as Company Director and Asia-Pacific Chief Analyst for G7 Forex Company Ltd, and was most recently an Associate Director with FX and CFD provider, City Index.

"In addition to Alex's vast market experience, he has also established a solid reputation as a lucid market commentator across a range of print, electronic and broadcast media, including CNBC and Bloomberg television," said Crosland. "We're anxious and excited to have Alex head up our subsidiary office."

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

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:

Contact Information

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