23 May 2018
Visit www.fingerprints.com

Bondscape revamps online trading platform; Barclays axes wealth staff

30 July 2002  |  7205 views  |  0 Barclays HO

Bondscape, the online bond trading platform for retail private clients developed by Barclays Capital and Winterflood Securities, has extended its product coverage and introduced a new online research tool.

The online trading platform will now include 50 European government bonds and over 70 euro-denominated corporate bonds (including names such as BMW, KfW, Siemens and Vivendi) with continuous live two-way prices and no minimum dealing size. With these additions, Bondscape now provides an execution capability in over 350 sterling and euro-denominated corporate bonds, UK gilts, index-linked and European government bonds, says the company.

In addition, Bondscape has partnered with europrospectus.com to offer registered users online access to prospectus information for all bonds covered by Bondscape. Using the europrospectus.net database service investors will be able to text, field and clause search across these documents, using more than 50 search fields to refine the results.

Zak de Mariveles, associate director at Barclays Capital, comments: "We are committed to widening access to the bond markets and believe that the enhancements to Bondscape announced today further improve transparency and choice for the private client stockbrokers and professional investment advisers buying bonds on behalf of retail investors."

The upgrade comes as Barclays confirms plans to axe 10% of the 1000 jobs in its private banking unit in light of adverse market conditions.

"The current climate in the stock market means we need to review the positioning" Barclays spokesman Alan White told Dow-Jones.

White said the cuts will include some lay-offs, but many will come through natural wasteage and a freeze in recruitment.

The UK bank recently closed down its onine procurement operation, Barclays B2B, after deciding that the significant ongoing investment in the business would generate better returns elsewhere.

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

BNY Capital Markets launches bnybonds.com

BNY Capital Markets launches bnybonds.com

17 July 2002  |  3402 views  |  0 comments
Barclays launches global banking service

Barclays launches global banking service

03 July 2002  |  4917 views  |  0 comments
Barclays shuts down Internet B2B venture

Barclays shuts down Internet B2B venture

02 July 2002  |  6983 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
Visit iliad-solutions.com/Visit http://go.jumio.com/finextraAd

Top topics

Most viewed Most shared
PayPal agrees $2.2 billion deal for iZettlePayPal agrees $2.2 billion deal for iZettl...
10071 views comments | 16 tweets | 28 linkedin
BBVA begins global roll-out of unified mobile appBBVA begins global roll-out of unified mob...
8851 views comments | 6 tweets | 5 linkedin
Japanese banks join quantum computing hubJapanese banks join quantum computing hub
7516 views comments | 8 tweets | 5 linkedin
Digital banking transformation creating new systemic risksDigital banking transformation creating ne...
7025 views comments | 17 tweets | 22 linkedin
SEC lures wannabe crypto investors with fake ICO siteSEC lures wannabe crypto investors with fa...
7024 views comments | 7 tweets | 11 linkedin

Featured job

Basic c. EUR 120K OTE c. EUR 250K plus full benefi...
Paris (preferred) or London

Find your next job