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Interbank FX Announces the Release of ``Interbank FX Money Manager,'' Revolutionary Software for Fund Managers.


SALT LAKE CITY & NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Interbank in·ter·bank  
adj.
Relating to, involving, or connecting two or more banks: interbank borrowing; an interbank network of automated teller machines. 
 FX (www.interbankfx.com) announced today the release of the Interbank FX Money Manager. The Interbank FX Money Manager is a sophisticated software platform that provides Money Managers with the ability to trade multiple accounts with only 1 click -- instant execution.

Interbank FX's new money management software provides a powerful tool for fund managers of multiple accounts. Money managers of multiple accounts can customize their trading system The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page.
 for their entire portfolio of customers. Using pre-set contract or lot sizes for each managed account. Forex Forex

See: Foreign exchange
 money managers can customize the leverage and risk for each individual account.

Todd B. Crosland, President of Interbank FX stated: "We have had the request to provide this capability from many of our customers. Over the past year, our programmers This is a list of programmers notable for their contributions to software, either as original author or architect, or for later additions.

See also: Game programmer, List of computer scientists

 have completed this work, and the end result is fantastic. Money managers are able to manage risk and leverage for each individual account, pre-select the amount to be traded in each account and then execute all of the accounts with 1 click. The entire batch of trades, from 10 to 200 accounts are executed in under 1 second."

Crosland continued: "One of the most significant benefits for money managers is that their clients are able to log into their individual Interbank FX platform's and view, in real-time all of the open positions and also request and view all historical statements- 24 hours a day. Clients view the real time P&L for all of their individual trades."

About Interbank FX

Interbank FX (www.interbankfx.com) offers individual traders, fund managers and institutional customers a revolutionary approach to foreign exchange trading Foreign Exchange Trading or FX Trading, clients are able to hedge against, or speculate upon, changes in the exchange rate of two currencies. For example, a speculator can long EUR/USD in foreign exchange market in order to profit from capturing the appreciation of Euro against the . Interbank FX customers execute directly from a streaming interbank quote feed, not from a dealing desk that trades against its customers. Interbank FX also offers one of the only Automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 trading platforms in the world. Customers can program their own algorithms that will automatically enter and exit trades based on their trading strategy In finance, a trading strategy (see also trading system) is a predefined set of rules to apply.

Usually, this refers to a means used to replicate an option in order to give it an arbitrage free value in the sense that the cost of buying some financial assets to give the same
. 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 real Interbank liquidity from 100,000 to 10,000,000 of the base currency with one click execution. Interbank FX is committed to maintaining the highest standard of service that enables our customers to focus on trading opportunities in the Forex market while limiting their margin and liquidity risks.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 18, 2004
Words:403
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