IBFX launches in Australia

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IBFX Australia is targeting retail and institutional clients in the Pacific Rim. It is licensed with the Australian Securities and Investments Commission.

The office is managed by Alex Douglas, general manager for IBFX Australia, who reports to Todd Crosland, chairman and president of Interbank FX in Salt Lake City, Utah. Before joining IBFX in September, Douglas worked as a financial consultant for Capital Market Group in Australia, and he was previously an associate director at City Index.

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