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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.

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