Barclays Capital becomes an EBS Prime Bank

Barclays Capital has become a Prime Bank for EBSTM.

First Published by e-Forex News: October, 2004

Barclays Capital has become a Prime Bank for EBSTM. EBSTM Prime is an important new service that enables leading FX banks to offer their unused credit to other banks wishing to join the professional FX trading community on EBSTM Spot, the screen-based anonymous dealing system used by more than 2,000 FX traders around the world. EBS Prime will enable Barclays Capital to extend access to the exceptional FX liquidity and global community trading on EBS Spot to thousands of banks in both established and emerging financial markets.<br><br>James Van Den Heule, Head of FX Liquidity Services at Barclays Capital, said: We are pleased that we will now be able to assist our clients to trade on better spot prices while at the same time help to increase the number of participants and liquidity in the market.