18 December 2017
Visit http://cib.db.com

Barclays Stockbrokers launches spot FX trading for private investors

02 May 2008  |  5384 views  |  0 keyboard

Barclays Stockbrokers has teamed with California-based Integral Development to launch a spot FX trading service for private investors on its Barx platform.

Barclays Stockbrokers says FX on Barx offers leveraged spot trading for the world's most liquid currency pairs and is designed to provide private investors with pricing, tools and services for effective participation in the FX markets.

Clients using the service will have access to a range of trading features such as advanced order types, sophisticated charting, technical analysis tools and a fully integrated and automatic risk management and system alerting capability. The trading platform also enables clients to access accounts through both desktop and browser-based software.

Barclays Stockbrokers says it launched the service after conducting research that showed 16% of retail investors trade FX, while more than a quarter (26%) are looking to trade FX in the future. The firm also cites figures from the Bank for International Settlements showing a 70% increase in monthly trading volumes in the retail FX market.

Tom Ryan, head, proposition, Barclays Stockbrokers, says FX spot trading has moved from the exclusive domain of the institutional trading desk to the active trader's laptop in line with the increased sophistication of the private client community.

"FX on Barx from Barclays Stockbrokers will empower self directed investors to trade seamlessly across all major FX liquidity markets worldwide, twenty four hours a day, six days a week," says Ryan.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Barclays Stockbrokers launches spread betting service

Barclays Stockbrokers launches spread betting service

20 November 2006  |  13330 views  |  0 comments
BarCap teams with Integral for white label e-FX platform

BarCap teams with Integral for white label e-FX platform

21 September 2006  |  7549 views  |  0 comments
Knight Capital buys Hotspot FX for $77.5m

Knight Capital buys Hotspot FX for $77.5m

24 January 2006  |  7306 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit http://cib.db.comvisit www.atos.net

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
11291 views comments | 3 tweets | 4 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
10271 views comments | 21 tweets | 24 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7793 views comments | 19 tweets | 22 linkedin
Digital banking startup Loot secures £2.2 million seed roundDigital banking startup Loot secures £...
7507 views comments | 5 tweets | 11 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
7434 views comments | 6 tweets | 26 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job