Todd Crosland is an experienced entrepreneur as he has proven the ability to develop successful teams and companies. In 2001, Mr. Crosland founded Interbank FX, LLC (IBFX). He was Chairman and CEO of the company until he sold the firm in 2011. IBFX was registered with the U.S. Commodities Futures Trading Commission as a Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer (RFED). A Futures Commission Merchant is the middleman who coordinates orders to buy or sell futures contracts and options on futures. They also swap or accept money (or other assets) from customers to hold such orders. A Retail Foreign Exchange Dealer is an organization that acts as a counterparty to an off-exchange foreign currency transaction that is a futures contract, option on a futures contract, or option contract with a person who is not an eligible contract member.
Todd Crosland’s company, IBFX, was also authorized and regulated by the Australian Securities and Investments Commission. IBFX was an international leader in retail Forex trading services. IBFX innovative online technology allowed individual traders, fund managers and institutional customers to trade Forex online. With their online platform, IBFX customer base grew to over 40,000 internationally in over 140 countries. Annual trading volume touched $750 billion. IBFX had over 120 employees is offices all around the world, including Beijing, Seoul, Sydney, Salt Lake City, and London. Mr. Crosland has won multiple awards for his contribution at IBFX, including The Ernst and Young Entrepreneur of the Year Award and various Inc. 500 awards.
Aside from IBFX, Todd Crosland’s career also comprises of multiple real estate development projects. Mr. Crosland developed over 1,000 residential building lots from 1992 to 2008. His largest project was a 14,000-acre development near Park City, Utah named Wolf Creek Ranch.
In 1996, Mr. Crosland bought a 75-year-old Industrial Steel Manufacturing company, Rex Industries. Mr. Crosland is still the Chairman of the Board and owner. Mr. Crosland graduated from the University of Utah with a Bachelor of Arts in Business with a concentration in Business Finance. He currently holds series 7, 24, and 63 Securities Licenses and previously held series 3 and 30 Licenses.
Todd Crosland and Seed Equity Ventures:
In March of 2013, Todd Crosland founded Seed Equity Ventures, which is a registered broker dealer that provides investment-banking services to early stage startups from all over the world. Seed Equity Ventures is registered with the U.S. Securities and Exchange Commission and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).