Todd Crosland Wins Prestigious Award in the Financial/Insurance Services Category
SALT LAKE CITY -- Interbank FX CEO Todd Crosland has been awarded Ernst & Young's coveted Entrepreneur of the Year([R]) 2007 Award for the Utah and New Mexico region.
Crosland was chosen as
"I'm extremely honored to be the recipient of this award," said Crosland. "But I think the real honors go to the Interbank FX team, for consistently exceeding my expectations and continuing to bring new ideas to our market space."
Those new ideas have generated explosive growth for Interbank FX, which saw revenues grow over 14 thousand percent from 2003 to 2006. The company's reach has grown exponentially as well, now with customers in more than 135 countries. To handle these changes Interbank FX has added 40 new employees in the first quarter of 2007 alone.
Interbank FX's growth figures under Crosland reflect both his drive to succeed and his positive contributions to Utah's economy. That is, according to Ernst & Young, exactly what the awards program was designed for - to recognize outstanding entrepreneurs on a regional, national and global level who are building and leading dynamic, growing businesses. Crosland was selected as an award winner from nearly 60 nominations by a panel of independent judges.
Crosland is now eligible for consideration in the Ernst & Young Entrepreneur of the Year 2007 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur of the Year award winner, will be announced at the annual awards gala in Palm Springs, Calif., on Nov. 17, 2007. The national Entrepreneur of the Year celebration is part of Ernst & Young's Strategic Growth Forum. The overall national Entrepreneur of the Year award recipient is then considered for the world event held in Monte Carlo.
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur of the Year Awards are pleased to have Bank of America as the national presenting sponsor, as well as SAP America and the Ewing Marion Kauffman Foundation as national sponsors.
About Interbank FX
Interbank FX (www.interbankfx.com) is a Futures Commission Merchant (FCM), registered with the Commodity Futures Trading Commission and a member of the National Futures Association (NFA). Interbank FX has customers in over 135 countries. Interbank FX offers individual traders, fund managers and institutional customer's proprietary technology and a revolutionary approach to foreign exchange trading. Interbank FX customers execute directly from a streaming quote feed, not from a dealing desk that trades against its customers. Interbank FX also offers one of the only automated trading platforms in the world. Customers can program their own algorithms that will automatically enter and exit trades based on their trading strategy. Interbank FX Wireless provides customers the flexibility to monitor, modify, execute trades and receive alerts anywhere in the world. Through Interbank FX's partnership with leading worldwide institutions, traders have access to liquidity from 1,000 to 10,000,000 of the base currency with one click execution. Customers can trade micro, mini and standard lots. Interbank FX is committed to maintaining a high standard of service that enables customers to focus on trading opportunities in the Forex market while limiting their margin and liquidity risks.
About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to enhancing the public's trust in professional services firms and in the quality of financial reporting. Its 114,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centered on our core competencies of auditing, accounting, tax, and transactions. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, a U.K. company limited by guarantee, each of which is a separate legal entity. Ernst & Young Global Limited does not provide services to clients. Ernst & Young LLP is a U.S. client-serving member firm of Ernst & Young Global Limited.