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Interbank FX Discloses May Performance Metrics -- Further Demonstrating Faster, More Accurate Forex TradingSALT LAKE CITY, June 9, 2011 /PRNewswire via COMTEX/ -- Interbank FX, LLC, one of the industry's leading global providers of forex trading, allows its performance metrics to speak for themselves as they continue on the path to provide the best trading experience for customers and partners. IBFX's performance metrics for May 2011 unveil that execution rates have averaged 99.9% with an overall rejection rate of 0.1%. "Traders appreciate the opportunity to objectively analyze rejection rates," said Todd Crosland, chairman and president of Interbank FX. "There is more to a successful trade than spreads alone, which our customers understand through our unique smart order routing process--now including nine top tier banks. We are confident that our technology surpasses our competition, exhibited by our consistent and reliable execution metrics." Execution is becoming increasingly important as automated, high frequency trading continues to grow in the forex space. Expert Advisors (EAs) require fast trade execution - to open and most importantly close market positions. Interbank FX's Transparency Metrics--May 2011 (source; ibfx.com/trade/performance) Number of May Tickets: 5,034,058 Overall Rejection Rate: 0.1% 5-50 Lot Rejection Rate: 0% *Date range of data comprised from 5/1/11 through 5/31/11. "Every trade matters to us," says Crosland. "Our customers deserve to know how their trade is executed. The speed and agility of our technology infrastructure is continually improving for the end user, and we are proud to provide a streamlined trading experience." For more information about Interbank FX's Core Technology, visit www.ibfx.com/Trade/Performance. About Interbank FX Headquartered in Salt Lake City, UT, USA, IBFX Holdings LLC is the parent of the Interbank FX group of companies; including Interbank FX LLC and IBFX Australia Pty Ltd. Interbank FX is a provider of online forex trading, offering individual traders, money managers and institutional customers proprietary technology, tools and education to trade spot foreign currency online. Interbank FX has distinguished itself among industry leaders with its unique nine bank liquidity feed. In addition, Interbank FX's pioneering trade execution rates support the rising algorithmic, high frequency trading trend. With a remarkable focus on customer care, Interbank FX serves more than 40,000 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 Registered Foreign Exchange Dealer (RFED). Forex trading is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Read the full risk disclaimer and privacy policy on trading at www.ibfx.com. SOURCE Interbank FX |
