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Interbank FX Taps International Forex Experience of Peg Reed as Managing Director of Global Sales
Wed, Jul 8 2009, 13:10 GMT
http://www.fxstreet.com
Interbank FX, LLC (IBFX), a leading provider of online off exchange retail foreign currency (Forex/FX) trading services, has tapped the extensive global foreign exchange trading experience of Peg Reed who joined the company as Managing Director of Global Sales.
Reed’s responsibilities will include expanding new strategic technology and broker partnerships around the world for IBFX, particularly in the Asian market.
“Peg is a powerhouse in Forex trading,” said Todd Crosland, Interbank FX chairman and president. “We are very excited to have her join the IBFX team, and look forward to a new and emerging initiative that will have great impact on Forex trading throughout the industry.”
Reed has a successful track record of creating, building and managing profitable enterprises. Her experience ranges in Forex from voice dealing to establishing electronic solutions for the marketplace.
She has worked for Bank of America, Standard Charter Bank, Barclays Bank, and the American International Group where she made significant contributions to profitability as a currency trader and global client relationship manger. She also managed large portfolios and oversaw the Forex risk accounts of large multinational corporations, hedge funds, and high net worth individuals. In addition, Reed was instrumental in the development of Hotspot FXi, an electronic communications network for wholesale foreign exchange, and was head of sales for Lava Trading.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
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