Barclays launches e-FX Dealer
Barclays has leveraged expertise from across the Barclays group in its development of a new online FX trading platform.
Barclays has leveraged expertise from across the Barclays group in its development of a new online FX trading platform. e-FX Dealer, which uses technology from Barclays Capitals FX Trader system, was launched in January and will be used primarily by the groups business banking and private clients.
The system offers market-leading internet-based exchange services and provides users with real-time streaming rate information and online FX dealing capability. Its key features include real-time streaming quotations in over 240 currency pairs and straight-through processing - as well as being fast, simple and convenient to use. e-FX Dealer uses much of the functionality of the Barclays Capital platform with several enhancements for the medium to larger corporate clients including deal templates, option dated forwards, multiple forwards and links into the Barclays Bank PLC payments system.