More NewsBarclays Stockbrokers Partners With Barclays Capital on Spot FX Trading Service

Barclays Stockbrokers Partners With Barclays Capital on Spot FX Trading Service

Barclays Stockbrokers has launched spot FX on BARX, the company’s multi-product trading platform for active private investors. Barclays says that the new service offers leveraged spot trading for the world’s most liquid currency pairs and is designed to empower private investors with pricing, tools and service capability to enable them to participate effectively in the FX markets. Leverage for the product is 100:1 and enables investors to magnify their potential gains, but the leverage may also magnify their losses. Barclays Stockbrokers has launched the service in response to a growing demand from investors. Research conducted by Barclays Stockbrokers shows that more than a quarter of investors (26%) surveyed are looking to trade FX in the future with 16% already trading this asset class. FX on BARX from Barclays Stockbrokers gives access to some of the tightest spreads in the market, with liquidity derived from Barclays Capital. This partnership between Barclays Stockbrokers and Barclays Capital follows other joint initiatives such as Investment Notes, LSE listed structured products designed by Barclays Capital and made available through Barclays Stockbrokers.

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