Barclays Capital Rolls Out Web-Based Foreign Exchange Trading Platform

TRANSACTION SYSTEMS

LONDON--Barclays Capital is rolling out its proprietary, web-enabled, foreign exchange trading system to corporate clients, after having struck a deal with Charles Schwab to use the system as its Internet-based FX component (FX Week, March 13).

The first release of the system, as yet unnamed, but called Fox in-house, enables corporate customers to trade spot and forward FX out to two years, as well as broken dates. It also provides real-time pricing through its in-house Barclays rate distribution

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